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What is a 'smart city' and how it will work - Bhoomi Associate

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PM Modi had announced his vision to set up 100 smart cities across the country soon after his government was sworn into power mid last year. Since then a race has been on among cities to land on the list that the ministry of urban development is compiling. The 100 smart cities mission intends to promote adoption of smart solutions for efficient use of available assets, resources and infrastructure. Dipak Dash explains what these smart cities are and how they will work. 1. What is a 'smart city'? A city equipped with basic infrastructure to give a decent quality of life, a clean and sustainable environment through application of some smart solutions. 2. Basic infrastructure Assured water and electricity supply, sanitation and solid waste management, efficient urban mobility and public transport, robust IT connectivity, e-governance and citizen participation, safety and security of citizens. 3. Smart solutions Public information, grievance redress...

Indian Real Estate Budget in 2015 - Full Analysis

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Budget 2015/16 – Analysis of the Key Fundamentals Outlined for Real Estate. When Indian Finance Minister Mr. Arun Jaitley was about to announce fiscal Budget on February 28, he was least oblivious on his mind about the mounting expectations from millions of people across India and worldwide. Eyes were glued on TV screens; parliamentarians watching Mr. Jaitley closely while real estate companies kept on pinning high hopes whether the budget will spell positive revival for the cash-starved real estate. Under such circumstances when expectations were intensely high, Mr. Jaitley’s budget held extreme importance; particularly for the Indian real estate industries, it meant a lot. Now that Union Budget 2015-16 has been announced, it received mixed reactions from people belonging to different political and financial quarters. In this context, the blog carries out  post budget 2015-16 analysis  and studies the key fundamentals outlined in the budget for Indian re...

Indian Property Show in Dubai 2015 - Full Review

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  Indian Property Show in Dubai - Bhoomi Associate  Properties by over 150 real estate developers from India will be presented at the Indian Property Show which will showcase over 17,000 potential investors in Dubai. The 16th edition of Indian Property Show starting today is designed to meet the needs of NRIs in the Middle East featuring the latest projects in India. The  Sumansa  Exhibitions' property exhibition will showcase over 17,000 potential investors in Dubai. The properties will range from Rs 12 lakhs to Rs 23 crores. The three-day show will witness three regional pavilions alongside a special CREDAI Maharashtra pavilion with properties from Pune, Nashik,  Nagpur  and other cities of Maharashtra. "To bring the knowledge and update buyers on latest trends, policies, market dynamics, investments strategies etc, we have partnered with dedicated real estate research services firm Jones Lang Lasalle (JLL) to help NRI...

Five Money Saving Tips to Build A Solid Budget and Buy A Dream Home

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Money is indeed one of the key essentials in deciding the outcome of buying a dream home. However, the very outcome of   Buying a dream home   depends largely on the amount of readymade money one has. The readymade money gets added up in due course of time through the long-continued practice of steady savings. However, the question remains unanswered – how to develop a behavior vital in helping out save the money for your future home? You know very well money is the sole determinant for any materialistic gain. So, without sufficient money in hands, dreaming about a home is nothing but the result of dreamer’s fruitless mental obsession. An individual homebuyer can’t avoid the necessity of saving money as a proactive approach to fund his/her dream home. Here, we have jotted down five most intelligent and perhaps overlooked   money saving tips  that will play a vital role in helping you cultivate a habit of saving big bucks for your future home! Buying a dream home....

6 Property Tips to keep in mind while Buying Home

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6 Property Tips to keep in mind while Buying Home Whenever you think to buy property in any city, first thing comes in your mind is the deal reliability. Because you are going to put all the hard earned money of your life in it. So before buying property you should have to consider all the things related to it. Everyone’s main concern is to ensure that they only get the best property deal otherwise it goes wrong investment. 1. Planning & research :                    Before buying property the most considerable factor is the purpose of buying whether for residential, commercial, long term investment or short term investment.         The first thing to take in consideration is to do your research. As without the complete research you can’t understand the present scenario of real estate in your area and you won’t get the best deal. So do your thorough research. You can also take help of any real...

6 Things To Remember Before Buying Home

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6 Things To Remember Before Buying Home Buying a property can be exciting and worrying at the same time, especially for the first time buyers. The learning curve of home buying guide can be sharp, but maximum of the problems can be resolved by placing a small financial work at the beginning. The process of first time home buying can be understood with clarity through experts who will inspect what buyers think before purchasing. There are some handy tips and guide for the first time home buyers to make them easier when they buy their first home. - Things to keep in mind when buying: The first and foremost thing is you want to concentrate on your long term objectives and then how ownership suits in with such policies. It might be that you are basically looking to change over everyone one of those rental payments into loan payments that actually provide you something tangible. Others know that the home ownership indicates a symbol of their freedom and they can enjoy th...

Nagpur Metro

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Nagpur Metro Nagpur Metro is a proposed  rapid transit system for the city of Nagpur, India. It is estimated to cost  86.80 billion (US$1.4 billion).  In February 2014, the Government of Maharashtra gave approval for the Metro Project,   while Government of India's Ministry of Urban Development has given "In Principle" approval for the Project.  On 20 August 2014, Union Cabinet gave approval for the development of project, and PM Narendra Modi laid foundation stone on 21 August on his visit to city. Detailed Project Repor t Accordingly, the DMRC submitted the report to the nodal agecy Nagpur Improvement Trust on 12 February 2013. The total cost of the project is estimated at around  90 billion. The project comprises two routes, viz. Automotive square, Kamptee to MIHAN Metro depot and Prajapati Nagar, East Wardhaman Nagar to Lokmanya Nagar, Hingna. There would be 17 stations on rou...