Lessons Learned Report: Indian Cities
Real Estate meets Smart Cities
LESSONS LEARNED REPORT:
With its Smart Cities Mission, India hopes to generate a co-operative urban development model that can be adopted and replicated elsewhere. The following report considers the Indian smart cities market from a real estate point of view, combining market lessons learned with personal career and management lessons learned by Indian market professionals.
As of 2017, 33% of India’s total population was living in urban areas. As the cities provide the bulk of the country’s GDP, the search for economic opportunities leads ever-larger numbers of people to migrate toward these areas. With a total population of 1.35 billion people and a growth of around 1.1% per year, this rapid trend toward increased urbanization presents a challenge in terms of maintaining a good quality of urban life in India.
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This special report about Indian Cities is published jointly by EBZ Business School and bee smart city.