In India, cities populations are expanding due to the growing interest of the populations and to avail advance facilities. Most of the cities are overcrowded and for that reason cities need to be developed. To provide advance facilities and for betterment of the life, cities in India are modernized and re developed as a smart or intelligent city. Smart City is highly enriched and progressive city in context of technology emergence. Therefore, the smart city far ahead than normal city regarding area development, technology based smart applications and planning of the city. Many cities are approved and also wait for the approval for development as a smart city in India. Numerous projects of smart city are designed according different perspective of city. ICT has huge impact on smart city-based project to build intelligent or automated solutions. Cities economy depends on the population growth. Economic condition of the cities much

better than village or town. Growth of the urbanization accelerate very fast according to the increasing demand and potentialities. Economic impacts on the society and urbanization analyzed in this paper. Fund allocated for the various projects of smart cities. Various projects in different fields and estimated funds approved for development of projects analysis in this paper.

Highlights

• Smart city is the advanced city in terms of technological intelligent solutions.
• Smart city is the knowledge economy city.
• Smart city is the environment friendly city.