This mega initiative needs support
 
This is a GrowEcon initiative. GrowEcon is a small US based start up company with big ideas for India. We know India's vast hidden potential in different sectors and strive to bring it to public's view so that this potential can be turned into fruitful, enhanced wealth and prosperity to billion plus people living in India and else where. Investors in different realty sub sectors, especially in high rise buildings space, at the early stages will reap substantial benefits. People who have land plots, houses or apartments will enjoy increased value for their properties.
 
To build one of the World's tallest buildings in India is a venture of gigantic proportions. It will cost about 4 Billion US dollars or about 18,000 crore rupees. This project is replete with exciting opportunities for developers, builders, architects, investors, city/state governments, and of course the general public.
 
This complex project also carries quite a few risks and unknowns, such as obtaining timely permissions and approvals from concerned authorities, convincing financial institutions and investors of the viability and desirability of such a project. This also demands world class infrastructure from the part of government to connect the city to the building with wide roads and local trains. It requires uninterrupted electricity, adequate water, drainage facilities. It requires regulations to prevent pollution creating factories from setting their plants in the vicinity.
 
It needs approvals from state/central governments to allow international architect/construction/engineering firms to work on the project.
 
It may require approvals to allow mutual fund companies, international Real Estate Investment Trusts(REITs) to invest, if sufficient funds are not sourced from with in the country.
 
It may require approvals for international Insurance companies to provide coverage for the assets and people.
 
Project needs support
 
A project of this massive scale needs to enroll the support of people. Knowledgeable, forward looking, progress oriented people need to show support in light of the tremendous benefits these super structures bring to the nation.
 
We invite interested people to send their support to mycity@growecon.com , and mentioning the name of the city in the subject line they would like us to consider.
 
This helps us gain strength in numbers when we approach the decision making stage as to where to build one of the World's tallest buildings in India.
 
 
 
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