The global shift from rural to urban lifestyle will stand as the most important demographic change of the 21st century. For developing countries such as India, this will be a major challenge, since overcrowded cities with major shortages in the range of services make it difficult to move towards sustainable and peaceful development. This urgent need has inspired a number of bold solutions. In what is perhaps the largest single real estate investment in India ever, Ajit Gulabchand of the Hindustan Construction Company (HCC) has invested the family's fortune in a handful of cities. This is a group of five planned cities that will be built along some artificial fjords about four hours east of Mumbai. Gulabchand calls the project Lavasa.
Italian city in India. By 2040, another 300 million people will move to India's cities, which. . .
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