The government of India has initiated the Smart City Mission in June 2015 with the aim to develop as many as 100 cities in India into smart cities. Although the definition of a smart city varies from city to city and country to country, the government has set some definitional boundaries as the guiding frame towards this mission.
A smart city in India contains a wishlist of infrastructure and services that describe the level of aspirations of the city. To fulfill those aspirations and the needs of the citizens, the urban planners ideally aim at developing the entire eco-system, which corresponds with four pillars: institutional, physical, social and economic infrastructure.
Tumakuru is one of the hundred cities that are being developed under Smart City Mission. A city’s economic growth is measured by the rate of urbanization, job opportunities, and public infrastructure development for the people. Tumakuru has seen high investment and growth in recent years due to the advent of the industries coming up rapidly in the city. These factors contributed to recognize Tumakuru as a growing city henceforth be considered for Smart City Mission.
In line with this mission, the government of India will construct the Mumbai-Chennai Corridor, while 26 manufacturing companies have begun operations in the region. These companies are providing employment to as many as 6000 workers with a total investment of Rs. 900 crores until now.
Apart from the industrial development, Tumakuru is also on the focus for real estate developers. The land prices in the city are increasing in various locations across the city. It is estimated that investing in Tumakuru in present time can easily fetch a minimum return of 25% in the next 2 years. In the upcoming years, the city will prove to be an ideal satellite city to decongest Bangalore over the next 5 years.
Other than these factors, Tumakuru serves as a central hub for several other cities of Karnataka, including Bangalore. The Bangalore city has the proximity of around 70 km from Tumakuru, which makes it a prime location for the urban population to invest in Tumakuru. The commercialization of this area, along with the development of residential realty makes it a much-desired location currently for all kinds of realty expansion.
For these reasons, SwarnaGriha has been strategically located in Tumakuru, a future smart city. The community aims to provide modern amenity-based housing to all in line with Pradhan MantriAwasYojana (PMAY).SwarnaGriha is developed with pre-fabrication construction technology and makeup to be a valuable real estate investment in Tumakuru, especially for the ones who do not own a dwelling in any part of the country.
SwarnaGriha is equipped with amenities like a swimming pool, clubhouse, party hall, lifts, car parking, proper lighting fittings, vitrified tiled flooring, Hindware / Parryware sanitaryware and a lot more. These luxury homes provide a sense of security and belongingness to their residents. A person, regardless of his annual income, can afford a house in SwarnaGriha. To know more about these homes and the buying procedure, connect with the SwarnaGriha here.