PROPGUIDE − A Complete Property Guide
#happyhome

An Explainer: Planned Area

Loading video...

Description

In the urban space, most development works are part of an overall plan to develop a particular city or region. On a much larger scale, that applies to countries as well. A planned development is a must for urban spaces to achieve an overall infrastructural progress. Governments and urban planners have to break sweat so that the civic lives of the current and future generations function smoothly.

It is in this context that we define a ‘planned area’.

According to the Real Estate (Regulation and Development) Bill, 2016, a planned area is “an area designated by a competent authority to be used for future planned developments”. Laws on country and city planning – which are subject to change – will be applicable on such developments, adds the Bill.

The ever-growing slum area across the major cities of the country is an example of how a poor area planning can distort the face of urban spaces. In fact, the prime focus of local authorities in major cities like Mumbai and Delhi is to house their urban poor better by creating planned living space.

Tags: Delhi, Mumbai, Video, Term Of The Week, propguide, Real Estate (Regulation and Development) Bill, Planned Area, Urban City


Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

Why Real Estate Is So Expensive In Mumbai

In India’s most prosperous city, half the population live in slums. In Savills' top 12 most expensive cities in the world, Mumbai was the cheapest city to live in. Yet, why is real estate in Mumbai the most expensive real estate is the world?

May 18 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: States Don’t Have The Power To Dilute Real Estate Act, Says Naidu [Video]

Here are today's top news stories from the real estate sector.

January 18 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Govt To Use Ghazipur Landfill Waste To Construct Delhi-Meerut Highway [Video]

Here are today's top news stories from the real estate sector.

December 02 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Gujarat Keeps Its Deadline With Real Estate Act

Here are today's top news stories from the real estate sector.

November 01 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Huda To Tweak Payment Policy Of Properties Sold In Auction

Here are today's top news stories from the real estate sector.

October 12 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Foreign Property Should Be In The Name Of All Remitters, Says RBI

Here are the week's top news stories from the real estate sector.

September 10 2016

+ Click Here To Read This Article

How A Swedish Touch May Help Maharashtra’s Smart Cities Get Smarter

Sweden has offered Maharashtra its assistance in developing its smart cities. PropGuide examines Sweden's SymbioCity model and how it may help building smart cities in Maharashtra.

November 20 2015

+ Click Here To Read This Article

Here are today’s top news stories from the real estate sector.

Puducherry real estate is heading for good times if it qualifies as eligible for the third round of...

The upwards movement that new project launches saw in the first month of the new year was halted in...

Mumbai affordable hubs have gone expensive as infrastructure development attracts investors and...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

Banks and developers are taking several initiatives to shift India’s home-ownership pattern in...

A building code is a set of norms that govern construction of buildings by stipulating minimum...

PropGuide simplifies complex real estate jargons for you.

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top