Ranchi: To Become a Smarter City
Ranchi: To Become a Smarter City
Ranchi is the capital of Jharkhand and one among the most populated cities of the state. It is famous as“land of forest” situated at the eastern part of the country, the state was formed in 2000 after being bifurcated from Bihar. It possesses a cosmopolitan culture, where people from different background are moving in due to the presence of Bharat Cooking Coal Limited (BCCL), Indian Iron and Steel Company (IISCO), Mecon, SAIL, CCL, CMPDI, RDCIS and other coal mine industries. Ranchi is also known as city of waterfalls because of existence of numerous waterfalls which adds to the beauty of the place and adding to the tourism of the city.
Ranchi and the adjoining areas are famous for its mineral wealth and forestry products together which are excellent human resources.
Ranchi is becoming a hub for prestigious banks and other institutions which is eventually reckoning to the development of infrastructure. It has a well-developed domestic airport known as Birsa Munda Airport from where several government and private airlines are offering services to the passengers.
The city has established shopping centers that has esteemed brands, hospitals, schools, colleges and more. The infrastructural and development in civic facilities are the major game changers in Real Estate of Ranchi. Expert says that city’s real estate market started booming from quite a long time and there is assurance that in coming years it is going to be the hottest property destination in eastern side of India.
Ranchi is receiving all the limelight’s because it is included in the first list of “Smart City Mission”. It is an urban renewal and modification plan by the Government of India that has a mission to develop 100 cities all over the country. The aim of the project is to equip all the smart cities with world class infrastructure and offer a world class living style to the residents.
To assure seamless power and water supply, sanitation and solid waste management, IT connectivity, safety and security. The smart city includes various ingredients which are as follows:
- Well-planned and connected Transport System
- Smart Traffic Management
- Adequate power and water supply
- Appropriate solid waste management and land management
- Healthy Environment
If we take a look at the implications of the above mentioned points in Ranchi, then the city is furnished well with all the basic amenities. Hence, the property market in the city is thriving day by day. Ranchi is also known as educational hub, it has the distinguished BITS, Mesra College, which is attracting various students from all over the sphere, due to which the nearby areas are experiencing a high demand of residential projects.
Localities such as BIT Mesra, Dipatoli, Namkum, Bariatu, Sutiambe, Vikas Nahar, Hotwar, Morabadi,Booty More, Kanke Road, Main Road, Bariyatu, Ratu Road, Hinoo, Argora, Ashok Nagar, Kokar, BIT, Kathal More, and more are few of the locations where a number of projects are upcoming.
The city is providing 2, 3, 4 BHK fully furnished residential projects at serene locations, along with that they are also into construction of commercial buildings and office locations.
Various renowned and experienced builders are launching new projects in the city at affordable rates at great prices such as Panchwati Builders, Shakambari Builders, Sarawgi Builders, Ramani Lifestyle Builders, Balaji Amrut Builders and to name a few. Ranchi is offering high potential for the higher capital value appreciation which is dependent on the demand and supply dynamics of micro markets.
For the investment purpose in residential and commercial purpose, the property the first most crucial parameter is the location and then the effective returns. Ranchi has a good social infrastructure and public transport connectivity. With an objective of quality public transport, Ranchi Municipal Corporation (RMC) is working on expansion of public transport modes, road development and implementation of more pedestrian zones.
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Contact Jay Dee Infra Developers Pvt. Ltd. to discuss about your real estate requirements. We have more than 500 properties in our inventory in Ranchi.
You may contact us for the Services we provide:
- Property Building, Development and Promotion,
- Buy and Sell Residential Land, Plot in Ranchi,
- Residential Flat, Apartment, Independent House
- Assist in Buy and Selling Properties by Owner,
- Buy and Sell Properties in Ranchi,
- Property Related Legal support,
We also provide legal & judicial consultancy support in relation to buying and selling of properties in Ranchi
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Vineeta writes for 99acres.com. She has been writing for the real estate developments happening in different parts of India. When she isn’t writing she browses around the high streets as she definitely has an eye for details.