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: 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

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

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

PropGuide simplifies complex real estate jargons for you.

Nanmangalam in Chennai is a great residential locality, offering property within the price range of...

Contour crafting is a process which can define the new meaning in the extensive technological...

Rs 500 and Rs 1,000 were banned from November 8 midnight. What will be the impact on real estate...

Due to many reasons, real estate developers will not reduce property prices in the coming future.

An ancestral property is the one which one inherits from one’s forefathers.

The Modi government has decided to demonitise currency notes of Rs 500 and Rs 1,000. That has left...

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

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

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

PropGuide dejargons complex real estate terms for you.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top