New Delhi, Dec. 13 -- About 60% of India's population is tipped to reside in urban areas by 2030. The country will have to build between 70 crore and 90 crore square meters of residential and commercial space a year until 2030 to put up with the population. This has led the government to launch three flagships programmes: Atal Mission for Rejuvenation and Urban Transformation (AMRUT), Pradhan Mantri Awas Yojna (PMAY), and Smart Cities Mission. But urbanisation confronts, as the World Economic Forum notes, five significant challenges such as environmental threats, resources, inequality, technology, and governance.

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