Post by murphy61 on Nov 12, 2011 3:50:50 GMT -5
A study of the process of urbanization in India since the beginning of this century reveals a steady increase in the size of its urban population. There is a rapid increase in the number of urban centers and the level of urbanization since the year 1911. From 1951 to 1991, India’s urban population more than tripled (from 62.4 million to 217.2 million). The number of urban centers also registered an increase of 32.5 percent.
The proportion of urban population increased from 17.3 percent in 1951 to 26.1 percent in 1991. The annual rate of growth of urban population during 1981-91 was 3.09 percent, slightly less than that in the previous two decades. The pace of urbanization was slower in recent years. The urbanization process in India occurred due to the growth of larger towns and metropolitan cities at the cost of smaller towns and urban centers.
While the pace of urbanization in the country as a whole is slowing down as a result of the global recession, the pace of urban growth matching the developments in the metropolitan cities is now evident in certain cities and Kochi is racing towards that status. Among the various districts in Kerala, Ernakulam is now emerging as a major metropolitan area. The national government and the state government have already earmarked significant funds for urban development in Ernakulam.
In recent times, when considering the developments in Real Estate Ernakulam is the cynosure of all eyes. Perhaps no other district or city in Kerala could attract such phenomenal investments. Whether it is a boom time or a recession doesn’t matter for this most happening place in Kerala. While the global recession set in, there was a significant inflow of funds and other grants from scores of overseas destinations. The returning expatriates brought with them much experience, expertise and also significant amounts of money for investing in their home state.
The proportion of urban population increased from 17.3 percent in 1951 to 26.1 percent in 1991. The annual rate of growth of urban population during 1981-91 was 3.09 percent, slightly less than that in the previous two decades. The pace of urbanization was slower in recent years. The urbanization process in India occurred due to the growth of larger towns and metropolitan cities at the cost of smaller towns and urban centers.
While the pace of urbanization in the country as a whole is slowing down as a result of the global recession, the pace of urban growth matching the developments in the metropolitan cities is now evident in certain cities and Kochi is racing towards that status. Among the various districts in Kerala, Ernakulam is now emerging as a major metropolitan area. The national government and the state government have already earmarked significant funds for urban development in Ernakulam.
In recent times, when considering the developments in Real Estate Ernakulam is the cynosure of all eyes. Perhaps no other district or city in Kerala could attract such phenomenal investments. Whether it is a boom time or a recession doesn’t matter for this most happening place in Kerala. While the global recession set in, there was a significant inflow of funds and other grants from scores of overseas destinations. The returning expatriates brought with them much experience, expertise and also significant amounts of money for investing in their home state.
