
The last few decades have seen rapid urbanisation in India with the emergence of many Tier-II and Tier-III cities rising as promising destinations for living and work. This growth has been in part due to the breakneck economic growth of the nation and partly due to the rapid urban development schemes implemented by various governments since the turn of the millennium. The idea behind these policies is two-fold:
create more urban agglomerations across the country to facilitate migration of people from rural areas in search for better living opportunities, and upgrade the existing urban regions and metropolises in terms of infrastructure and better standards of living
According to the World Economic Forum, 5-6 million migrants move to emerging urban zones in India annually. In order to sustain such a mass resettlement of people and further incentivise migration to newer areas, the Ministry of Housing and Urban Development has taken concrete steps in affordable housing, transportation, infrastructure, environment, sanitation, health-care, education, etc. Together, it is schemes such as the ones mentioned below that make a 2 BHK flat for sale in Thane or an affordable apartment in Mumbai, a lucrative option for both the migrants and locals.
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