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With Delhi Master Plan 2021 in consideration realty takes new shape

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Claimed sources to www.propertykhazana.com says, Delhi Master Plan 2021 has caused some worries, however it is better than before as much as residential development ventures are concerned. Like others it has placed stress on the private contribution in property development and in residential, but the presence confines on the stature of buildings will not be difficult, so as to make best use of the property. Residential needs of the swarming millions had displayed as the main locality of concern in sketch of MP 2021. 28% of India’s population means 300 million people are living in the cities and in towns, this will make clear that urban India stands as the 2nd biggest in the world. Outcrop will be by 2045 and 70% of Indians are living in urban localities and currently India has 5200 big and small towns and by 2050 it needs extra 3000 townships. Relating to the data it is clear that Metropolitan city like Delhi to observe a growing demand for the dwellings in prospect.
Source adds at the www.propertykhazana.com that MP 2021 had targeted to hike the lower proceeds households to residential and other basic facilities like good supply of electricity and water. As per to the sources displayed by the draft is that the population growth has demanded that every year 2,000 hectares of property has been developed and over Lakhs of residential units were constructed. Main concern was at the residences because there was a hike and 40 million loads of water to be supplied per day and 300 megawatts of power. In keeping this as a view 200 km roads have to be laid per year and also to the development of 30 Lakhs Sq.Mtrs of commercial building simultaneously. The MP 2021 had also contained some of the idea which was given by the DDA that has proposed a density from 600 residential units per hectare to 175 units as per the class of housing range.
Source: NIMMA BENGALURU

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