10 Cities to be Developed on Lines of Smart Cities in Maharashtra, CE Demand May Climb

smart-citiesTo improve the urban infrastructure, Maharashtra government has decided to develop 10 cities of the state on the lines of Smart Cities Mission, including Pune and Solapur, which have already selected in the first list of 20 smart cities by the centre.

Last week, Maharashtra Chief Minister Mr. Devendra Fadnavis announced that 10 cities in the state would be developed on the line of Smart City programme, he said while inaugurating Smart City Summit at Kalyan in Thane district. He also assures that these cities would be provided necessary funds.

These 10 cities of Maharashtra have been selected by centre under 100 Smart Cities Mission are; Mumbai, Thane, Navi Mumbai, Aurangabad, Nashik, Nagpur, Amravati, Kalyan-Dombivali, only Pune and Solapur have featured in the first list of 20 smart cities, which will receive funding of Rs 500 crore from central government.

As per the report of The Hindu, it was decided in the meeting in Delhi that state (Maharashtra) government would be responsible for raising funds for projects of other eight cities.

According to another report of TNN, state government has also sanctioned Rs 100 crore each for these eight cities. Maharashtra’s urban development department said in a notification that Rs 50 crore will be released to all municipal corporations in current financial year, after the formation and brining of the SPV into functioning.

Government has approved a special purpose vehicle (SPV) and appointed official as a chairman of SPVs for each city. While state has also appointed agency to fund to municipal corporations of these eight cities to execute works under smart city project.

These eight cities will submit their development plan under the scheme of Smart Cities Mission once again to contest second round to get centre’s funding and special assistance from union government, for which municipal corporation chief will submit their plans to centre before June 30.

The infrastructural development in these 10 cities of Maharashtra will raise the demand of huge amount of construction equipment in the state, as we know where there is infra development, there is demand of various types of construction equipment such as excavators, backhoe loader, tippers, cranes, Batching plant, roller, Dumpers, , Redi-mix trucks, Concrete Plants, Forklift Trucks, Compactor, Scrapers and others various CE for different functions will be required at the time of constructing these projects.

Such requirement will raise the demand of both second-hand and new CE products, if any contractor planning for new CE they may contact to registered dealers of all well-known manufacturers, but thinking to use used CE, one can directly contact reliable online marketplace like www.equipmentonestop.com for all the good condition CE products and for better valuation of any asset.

To kick-start the Smart City projects, Prime Minister Mr. Narendra Modi is expected to inaugurate Smart City projects from Pune later this month on June 25, simultaneously work would start in other 20 cities across the country.

Source: Information has been obtained from TNN, The Hindu, PTI and other media reports

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