Telangana is coordinating in the preparation of 30 to 35 master plans
A leading executive at a Japanese multinational corporation has suggested tech-focused Fujisawa model for the development of India’s smart cities during an event in Hyderabad, where the Telangana Government is expected to clear 30-35 master plans.
Panasonic Life Solutions Joint Managing Director Dinesh Aggawal has offered, “We would like to build smart cities on the lines we have built in Japan’s Fujisawa along the various corridors and expressways that are being built to connect cities and populous areas with our technological life solution products.”
He spoke at the recently held ‘Builders Connect: Real Estate Market in Hyderabad Set to Boom’.
Speakers at the event equated Hyderabad’s offerings to those among the cities in the US.
Developers at the event were bullish about the prospects of making Hyderabad among the top Alpha cities of the world.
Vidyadhar Rao, Director of Town and Country Planning (DTCP), Government of Telangana, and Secretary RERA, informed that the Telangana Government is coordinating in the preparation of 30 to 35 master plans which have already been completed and are awaiting state clearance.
He emphasised on the various initiatives taken by the state to promote Hyderabad, which follows an unlimited FSI since the past 15 years, where developers can construct as per their choice.
Hyderabad is the only Indian city which has FSI anywhere between 9 and 13, with an average hovering in the range of 6 to 7, whereas the national average ranges between 2 and 2.5.
FIRST Construction Council (FCC)’s CONSTRUCTION WORLD led the event, according to a release on 13 June 2022.
FCC is an infrastructure think-tank, registered as a Trust under the Bombay Public Trust Act 1950, focused on providing the latest updates on the construction industry in India, and dedicated to promoting its causes and needs. fiinews.com
