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Amid growth and expansion, the symbiotic relationship between urban planning and real estate development plays a crucial role in shaping the fabric of our cities. The partnership between these two branches not only dictates the physical form of our urban spaces but also significantly influ- ences the quality of life for its inhabitants.
Let's delve into the reasons why fostering a close partnership between urban planning and real estate development is not merely advantageous but essential for creating sustainable, inclusive, and flourishing urban environments.
> INFRASTRUCTURE INTEGRATION
> The systematic integra- tion of infrastructure stands at the core of effective urban development, which balances various components like public services, sanitation, transport, healthcare, and more, that define a city's functionality. One of the fundamental components of this is planning for real estate development in areas already equipped with basic service systems such as drainage, storm water management, water supply, and solid waste management. Pankaj Joshi, principal director of a platform working on urban and social issues in the Mumbai Metropolitan Region (MMR), notes, "Building real estate in serviced locations ensures proper functioning of that area and prevents issues like...