The concept of mixed land is now part of lingo in real estate development. it has many benefits as apelled out by the experts but they also warn that consequences may be extremely bad if the scale of undertakings under this banner is not properly regulated. However, the idea is here to stay.
According to Sunil Jindal, CEO of SVP group, the trend now is to go for mixed uses, particularly commercial in residential, but unless the local agencies take the job of regulation seriously, particularly in infrastructure provision and maintenance, the result can be disastrous.
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