Times are changing and so is the landscape. The
developments of new industrial cities that are now classified under ‘smart
cities’ are the latest and most ambitious in the development sector in India.
As part of this venture work an employment is being generated in the areas
where these cities will come up. The DMIC or Delhi Mumbai Industrial corridor
is already a huge hub for many small and large-scale industries in Maharastra.
Situated in close proximity to the JN Port, it is now being seen as a perfect location
where individuals can build low cost second homes. This is an advantage to
those who live in Mumbai and its surrounding areas. What should you know about
the latest development in this region?
Importance
of DMIC gathers steam
Changing of infrastructure is one of the most
important reasons where industries have been able to set up base in the costal
zone in Maharastra. The idea is to make it a global trading hub. The process
has already started with many big and small industries doing business here. The
infrastructure is likely to help the power plants, regular water supply,
availability of logistics facilities and a huge amount of employment
opportunities for everyone. Already 7 new industrial cities are earmarked to
begin in the 1st phase it self. The entire work is being done by an
Indo-Jap venture. Nearly 24 smart cities are likely to come up. It will also
have a very high-speed freight line and about 6 airports will be built as part
of the plan. The entire project will encompass the states of Maharastra,
Gujarat, Rajasthan, Haryana, Uttar Pradesh and Madhya Pradesh. Roads and
highways will be rebuilt and connectivity to metros will be improved. The green
cities will have enough power and 24 hour water supply. This is an excellent
time also to look for property in and around the region.
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