The Economics of Vertical Growth in India: Addressing Urban Density and Sprawl
Briefly

India is at a critical juncture in its urban evolution, with a projected urbanization rate of 68% by 2050. The urban population is anticipated to exceed 600 million by 2030, necessitating an adaptation of metropolitan regions to handle increased density and sprawl. The shift towards high-rise developments marks a significant change in India's approach to urban growth. While the country’s skyscraper development began in 1961, it accelerated in the 2000s due to economic growth and wealth accumulation, providing economic benefits and efficiency in public services.
The cost of providing basic services such as water and sanitation is 30-50% less in densely populated areas compared to sparsely populated ones, leading to significant public infrastructure savings.
Urban sprawl is an elusive concept driven by demographic, economic, geographic, social, and technological factors, reflecting rising incomes and preferences for low-density living.
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