Transforming India's Housing Landscape: NAREDCO's Vision In a recent presentation at the 16th NAREDCO National Convention, the call for a "#RentalHousingPolicy" reminiscent of successful models in developed nations, coupled with "National and State Master Plans," takes center stage. This strategic approach aims to foster the growth of India's construction sector, providing housing solutions for those unable to build their own homes. Emphasizing comprehensive planning, the need for All #IndiaMasterPlans and All #IndiaStatePlans is highlighted to catalyze the development of #GreenFieldCities. This aligns with India's ambitious goal to become a 30 Trillion Dollar Economy by 2047, addressing challenges posed by urbanization and migration from rural areas. The discussion on a rental housing policy echoes the success observed in other nations, where a significant portion of the population opts for such accommodations. The economic and prudent benefits of adopting a similar model in India, especially for those who cannot afford their own homes, are stressed. The proposed Rental Housing Policy could involve collaboration with Centre and State Governments, as well as various financial institutions, including the RBI. In addition to advocating for a rental housing policy, #NAREDCO underscores the pivotal role of reducing interest rates for housing projects. The plea to lower interest rates from 8 to 9 percent to 6 and 6.5 percent aligns with the goal of stimulating housing activities, contributing to the vision of robust growth set by the current government. As India stands at the cusp of economic transformation, NAREDCO's recommendations envision a holistic approach to housing and construction, ensuring inclusivity and sustainability for the nation's burgeoning urban landscape. #RealEstate #HousingPolicy #ConstructionGrowth #NAREDCOInsights #NAREDCO #NAREDCO16thNatCon #FutureOfRealEstate #NAREDCOInnovates #RealEstate #NAREDCONatCon2024 Hardeep Singh Puri l Praveen Jain l Dr. NIRANJAN HIRANANDANI l Rajan Bandelkar l Gaurav Jain l Anil K Suri l Harsh Vardhan Bansal l Bharat Agarwal l Kashi Nath Shukla l Kishore Bhatija l Jyoti Prakash Gadia l Suresh D. Patel l Praveen Jain l Jay Morzaria l Dr. Ananta Singh Raghuvanshi l Ashok Patni l Manoj Joshi l NAREDCO West l NAREDCO Maharashtra l Naredco Karnataka l NAREDCO Haryana l Naredco - Pune Chapter l Knest Aluform l Fujitec India Pvt Ltd l Everest Industries Limited l RICS l GEM ASSOCHAM l Institute of Indian Interior Designers (IIID) l Indian Plumbing Association l PHD Chamber of Commerce and Industry l KPMG India l Alliance for Inclusion and Accessibility l K Raheja Corp l CII - Indian Green Building Council (IGBC) l Gujarat Guardian Limited l Ganga Realty l Birla Pivot l Hiranandani Group l
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Columbia Pacific to invest Rs 200 crore, add senior living projects in 4 new cities Columbia Pacific Communities, a US senior living community operator, plans to invest more than Rs 200 crore to widen its presence in India by entering Pune, Hyderabad, Kottayam and Kochi in FY25, company director Sivakumar V told Moneycontrol. "In Kerala, we are doing four projects, currently in the process of finalising the land parcels and design for two projects. In this case, we are partnering with Asset Homes where the developer will develop the project and be serviced by us," Sivakumar said. Each project will require an equity investment of Rs 50 crore. The company is currently not looking at fundraising, he said. #realestate #property #housing #residential #demand #growth #seniorliving #investors #investments #therealtynews #homebuyers Columbia Pacific Communities https://lnkd.in/g65U8GE3
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India's Growth Story to be Three Fold in Real Estate by 2035 @realestateindia #indianinfra #indianeconomy Predicting the growth of any market, including real estate, involves a multitude of factors such as Economic growth, Government policies, Population trends, Urbanization rates, and Technological advancements, among others. While it's challenging to make precise predictions, the Real Estate market in India has shown significant growth potential due to its large population, rapid urbanization, and increasing disposable incomes. Several factors could contribute to a threefold Growth by 2034: (i) Urbanization: India is undergoing rapid urbanization, with more people moving from rural to urban areas. This trend is expected to continue, driving demand for housing and commercial spaces in cities. (ii) Economic Growth: India has been experiencing steady economic growth, which is likely to continue in the coming years. A growing economy usually translates to increased investments in real estate. (iii) Infrastructure Development: Government initiatives such as Smart Cities Mission and various infrastructure projects contribute to the growth of the real estate sector by improving connectivity and livability in cities. (iv) Demographic Dividend: India has a young population, with a significant portion entering the workforce. This demographic dividend can boost demand for residential properties, especially in urban areas. (v) Policy Reforms: Continued reforms and policies aimed at boosting the real estate sector, such as the Real Estate (Regulation and Development) Act (RERA), can improve transparency and attract more investments. (vi) Technology Adoption: The adoption of technology, such as PropTech solutions, can streamline processes in the Real Estate sector, making it more efficient and attractive for Investors. While these factors suggest Potential Growth, challenges such as regulatory hurdles, Geopolitical uncertainties, and market cyclicality could also influence the trajectory of the real estate market. It's essential to monitor these Factors closely to make informed Projections about Future Growth.
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#Urban | While the first cooperative housing society in India was started in Bangalore in 1909, Bombay followed rapidly in 1913. So in Bombay (now called Mumbai) we have had over a century of the successful working of cooperative housing societies. A basic feature of these cooperative societies is that each occupant not only owns the apartment occupied but, as a member and shareholder of the society, also owns a share of the land on which the building stands. This share of land ownership is normally in proportion to the size of the apartment occupied. So the apartment and a proportion of the underlying land are both owned by the occupant. Ownership of both land and building is entirely consistent with a market-oriented society in which land is a commodity, to be treated like any other commodity, fully open to the forces of supply and demand. However, land is not a commodity like other commodities, and subjecting it to market forces has devastating consequences for sensible urban development. The maximum damage is suffered by the poorer half of a city’s population. Read this article by Shirsh Patel to learn more. *This article was originally published on Scroll Media. https://lnkd.in/dk6-YStz
What would it take for low-income urban housing to succeed?
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Explore the emerging trends shaping India's affordable housing market. From government initiatives and policy support to urbanization and demographic shifts, we're witnessing a transformation in how we live. Discover how technology integration and sustainable building practices are paving the way for a brighter, more affordable future. 👉Govt. Initiatives & Policy Support: The Indian government has introduced several initiatives to boost affordable housing. Key policies like Pradhan Mantri Awas Yojana (PMAY) and Credit Linked Subsidy Scheme (CLSS) provide financial aid and subsidies, making home ownership more accessible for low and middle-income households. 👉Urbanization & Demographic Trends: Rapid urbanization and population growth in India drive the demand for affordable housing. With a burgeoning middle class and increasing migration to urban centers, the need for accessible and affordable living spaces is more critical than ever. 👉Technology Integration in Construction: The integration of advanced technology in construction, such as prefabrication, modular building, and smart home solutions, is transforming the affordable housing sector. These innovations help reduce costs, improve efficiency, and speed up project completion times. 👉Focus on Sustainable & Green Building Practices: Sustainable and green building practices are becoming a priority in affordable housing projects. Eco-friendly materials, energy-efficient designs, and sustainable construction methods ensure that new developments are both environmentally responsible and cost-effective. 👉Rising Metro Demographics Shift: The shift in demographics within metro areas is significantly impacting the affordable housing market. With a growing number of young professionals and nuclear families seeking affordable living options, metro regions are seeing increased demand for well-located, cost-effective housing solutions. For more queries call: 📞 8010101010 📧 Info@investors-clinic.in 🌐 www.investorsclinic.in [Affordable Housing] [Affordable Living] [Housing For All] [Real Estate] #investorsclinic #affordablehousing #sustainableliving #urbandevelopment #smartcities #housingtrends
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Thought-Provoking Question on India's Real Estate Market As India urbanizes rapidly, we're facing multiple challenges in our real estate sector. Let's discuss: 1. How can we balance the need for affordable housing with sustainable development practices? 2. Are green buildings and eco-friendly construction methods viable solutions for the mass market, or will they remain niche luxuries? 3. With property prices skyrocketing in recent years, has the housing market become out of reach for the middle and lower-middle classes? Consider this: - The average home price in major Indian cities has increased by over 50% after Covid-19. - Meanwhile, wage growth hasn't kept pace, especially for middle and lower-income groups. - Sustainable building practices often come with higher upfront costs. How do we address these conflicting needs? Can technology or policy interventions help? What solutions have you seen work? Share your thoughts and experiences. Let's brainstorm on making housing both affordable and sustainable for all income levels. #RealEstateIndia #AffordableHousing #SustainableDevelopment #UrbanPlanning
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This Man took a bet on Noida and turned it into one of India's largest townships with over 150,000 residents, this is the story of the Founder of the Gaurs Group - Manoj Gaur. Greater Noida was a dead barren land in 1995. He took a chance when nobody believed in, and turned it into a city that houses over 30,000 families today. What’s even crazier? He started during the 2008 recession when the world thought he was crazy. He saw a deeper issue: ❌ The National Capital Region was expanding, but no one was thinking beyond quick fixes. Affordable, quality housing that offered more than just four walls was a distant dream. 🟢 He wanted to build not just homes, but communities—places where families could grow, thrive, and enjoy modern amenities at an affordable price. Here’s what he did: → Launched Gaur City in an undeveloped Greater Noida West, betting on its future potential. → Adopted South Korean construction techniques for faster, earthquake-resistant buildings. → Pioneered selling homes via live lotteries on YouTube, where 1,200 units sold in just 3 days. → Focused on eco-friendly infrastructure, receiving the Green Building Gold certification. The Struggles: 🔴 2008 Recession: Real estate was hit hard globally. Investors were pulling out, and projects were stalling. 🔴 Location Skepticism: Greater Noida was seen as too far and too underdeveloped for serious investment. 🔴 Construction Delays: Building an entire township from scratch with limited resources and emerging technology wasn’t easy. How He Solved It: ✅ Instead of slowing down, Manoj pushed through, delivering on-time when others were failing. ✅ Developed a self-sustaining township with schools, malls, and parks, making it a hot destination for families. ✅ Used fast, earthquake-resistant techniques to ensure the highest standards of safety and speed. The Results: - Over 65 projects completed, generating billions in revenue. - Sold 1,200 units in three days, generating Rs 3,100 crore. - Delivered 45,000 units between 2014 and 2023, despite market downturns - Gaur City became the first township in Greater Noida West to get a completion certificate, earning Green Building Gold certification. - Built the largest mall in Greater Noida, adding more community spaces like an 18-acre sports complex. - Manoj was named CEO of the Year at the BAM Awards, alongside his leadership in CREDAI Manoj Gaur didn’t just build homes—he built a future. Where others saw risk, he saw an opportunity. Today, Gaur City isn’t just a township. It’s a testament to what happens when you think big, act bold, and stay true to your vision. ------------------------------- PS: I write damn good stories for Founders who are building incredible companies for Bharat. If you're one of them, I'd love to write a story for you. DM "story" #realestate #founder #entrepreneurship
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𝗪𝗵𝘆 𝗠𝗮𝗻𝗰𝗵𝗶𝗿𝗲𝘃𝘂𝗹𝗮 𝗶𝘀 𝗮 𝗣𝗿𝗶𝗺𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗛𝘂𝗯 Manchirevula, a burgeoning locality in Hyderabad, is quickly emerging as a prime destination for real estate investment. This transformation is driven by several key factors that position it as an attractive investment hub. Let's delve into why Manchirevula is capturing the attention of real estate investors. Manchirevula, once a serene village, has evolved into a vibrant locality with a rich historical backdrop. The area's historical significance adds to its charm, attracting both investors and homebuyers who value a blend of heritage and modernity. Recent years have seen substantial investments in infrastructure within Manchirevula. The locality boasts enhanced road networks, upgraded public amenities, and improved sanitation facilities. These infrastructural advancements not only elevate the quality of life but also increase the area's appeal to potential investors, promising long-term value appreciation. Manchirevula's residential potential is immense. The area offers a range of housing options, from affordable apartments to upscale villas, catering to diverse demographic needs. With its growing residential appeal, Manchirevula presents a lucrative opportunity for developers and investors looking to tap into the expanding housing market. Connectivity is a standout feature of Manchirevula. The locality is well-connected to major business districts, educational institutions, and healthcare facilities. The development of new transport links, including roads and public transit options, further enhances its accessibility. This connectivity, coupled with a high livability quotient, makes Manchirevula a preferred choice for both residents and investors. Moreover Manchirevula's unique blend of historical charm, improved infrastructure, residential potential, and excellent connectivity makes it a compelling investment hub. For those seeking a promising real estate opportunity, Manchirevula stands out as a location ripe for growth and development.
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#socialhousing in #india is the #affordablehousing sector. As per the Pradhan Mantri Awas Yojana (PMAY) scheme, the unit's carpet area should be up to 30 sq. mt for Economically Weaker Section (EWS) and up to 60 sq. mt for Low Income Group (LIG) to qualify for affordable housing. Similarly, for Middle Income Group I (MIG I) it should be up to 160 sq. #HousingSocieties in India. 10 prominent ones. However all situated in the North , Central and West India. More awareness and Government intervention is an absolute must. https://lnkd.in/esDShHYx
Top 10 Affordable Housing Schemes in India
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Sonipat is seeing a deluge of investments and commercial establishments. Let’s find out what has shaken up the real estate market of this city, once considered a sleepy town on the brinks of Delhi. Read More- https://lnkd.in/gbSbDAdT #SonipatGrowth #NCRDevelopment #RealEstateBoom #Urbanization #CommercialHub #ResidentialHotspot #InfrastructureGrowth #AffordableHousing #InvestmentOpportunities
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