This article was originally written in 2004 for the Royal garden city Project. The project never took off owning to the severe corruption and regulatory issues over the contracted land. In fact no other township sites of that size have made it past the runway in India as of yet. Too bad as the country and cities badly need this type of modal development.
Apparently Donal Trump's 2 joint ventures have been shelved for the moment in Mumbai and Bangalore. Getting past the permiting process is onerous and difficult for outsides of India. We have taken almost 5 years to get our permit. A Brutal experience. But as one banker in Bangalore told me. Once you start your first project you are off in a big way. Let us hope this is foresooth.
This article was originally written in 2004 for the Royal garden city Project. The project never took off owning to the severe corruption and regulatory issues over the contracted land. In fact no other township sites of that size have made it past the runway in India as of yet. Too bad as the country and cities badly need this type of modal development.
ReplyDeleteApparently Donal Trump's 2 joint ventures have been shelved for the moment in Mumbai and Bangalore. Getting past the permiting process is onerous and difficult for outsides of India. We have taken almost 5 years to get our permit. A Brutal experience. But as one banker in Bangalore told me. Once you start your first project you are off in a big way. Let us hope this is foresooth.
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