Indore Smart City proposal was selected by GOI for the first phase of implementation, under the Smart City Mission (SCM). The Indore Area Based Development (ABD) proposal spreads across a contiguous land parcel, comprising of a total area of 742 acres, having a population of 1.2 lakhs.
For the purpose of implementing the Smart Cities project, Indore Smart City Development Limited (ISCDL) (the ‘Authority’), a Special Purpose Vehicle (SPV) for Indore Smart City Project has been incorporated. The District Collector is the Chairman and the Municipal Commissioner is the Executive Director of the Company.
The ISCDL has appointed REPL and Knight Frank consortium to provide consultancy services for preparation of Area Based Development Master Plan/ detailed layout plan for earmarked area, preparation of detailed project reports (DPR) for various packages and project management consultancy (PMC) support. Rudrabhishek Enterprises Private Limited (REPL) is India’s leading Integrated Real Estate & Infrastructure Consultants, which has extensive international presence as well.
REPL will assist the ‘Authority’ in various phases of project implementation, which will include the activities such as, preparation of DPR along with cost estimates, coordination with various appointed consultants, project prioritisation & phasing, preparing capital investment plan, business plan and implementation roadmap, conducting feasibility study, bid process management for selection of implementing agencies, overall project management, etc.
In an official statement, Pradeep Misra, CMD of REPL said, “It is a matter of pride for us that we are now becoming part of the implementation of Indore Smart City. It is a city of great historic and economic significance. I congratulate the citizens of Indore as their city will further strengthen its image as a model city. For us, this has a special meaning, as the REPL has got into 25th years of operations, and here we have the privilege of being part of the Government of India’s plan of developing 100 Smart Cities.”
The intelligent regeneration of Indore (Rajwada area) will include conservation of the historic inner city, market areas, riverfront and public spaces with the redevelopment of select land parcels for creating compact, mixed-use and sustainable neighbourhoods.
The plan has multiple components to address different aspects of Smart City components. It includes, built heritage conservation, incubation centers & skill development centers, improvement of roads & pathways, pedestrian zones, public open spaces, smart water & sanitation management, solid waste management, underground shifting of utilities, energy efficient street lighting, advance safety & security systems etc.
The project combines characteristics of retrofitting as well as redevelopment. ISCDL has also received funds from Government of India and Government of Madhya Pradesh (GoMP) for the development of Indore as a smart city. The total proposed cost for the smart city proposal is INR 5,099.60 crores
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