- Objective: To create a sustainable, efficient, and citizen-friendly city
- Area: 16,000 acres
- Investment: $1.5 billion
- Focus areas:
- Smart governance
- Urban mobility
- Water management
- Energy management
- Waste management
- Affordable housing
- Citizen engagement
Real Estate Impact:
Increased demand: For residential, commercial, and industrial spaces
- Appreciation in property values: Due to improved infrastructure and amenities
- New development hubs: Emergence of new commercial and industrial centers
- Job creation: Boosting demand for residential and commercial spaces
- Infrastructure growth: Upgraded roads, public transport, and utilities
Key Features:
- Smart infrastructure: Integrated transportation systems, smart grids, and waste management
- Sustainable development: Green buildings, renewable energy, and water conservation
- Citizen engagement: Public Wi-Fi, digital governance, and community participation
Real Estate Opportunities:
- Residential developments: Affordable housing, luxury apartments, and townships
- Commercial properties: Office spaces, retail hubs, and entertainment centers
- Industrial spaces: Warehousing, logistics, and manufacturing units
- Mixed-use developments: Combining residential, commercial, and industrial spaces
Benefits:
- Improved quality of life
- Enhanced economic growth
- Increased property values
- Job creation
- Sustainable development
Timeline:
- 2023: Phase 1 completion
- 2025: Phase 2 completion
- 2030: Project completion
Neemrana Smart City is expected to transform the urban landscape, offering numerous investment opportunities in real estate and driving growth in the residential, commercial, and industrial sectors.
