Real Rich’s Post

India, a land of contrasts, presents a paradoxical narrative when it comes to housing. On one hand, it boasts of a rich architectural heritage and a burgeoning real estate sector, yet on the other, it grapples with a severe #housing #crisis that affects millions. This crisis, rooted in a complex interplay of socio-economic factors, has profound implications for the country's urban landscape, #economic #growth, and #social #cohesion. Rapid #urbanization, fueled by rural-to-urban #migration and natural #population #growth, has placed immense pressure on India's cities to provide adequate #housing for its swelling populace. However, the supply of affordable housing has failed to keep pace with demand, leading to the proliferation of informal settlements, slums, and inadequate housing conditions for a significant portion of the population. For more details, read here! https://lnkd.in/ddmBfCy5

India’s expanding population and urbanization make real estate investment a strategic opportunity for growth and income. That’s why right now is the time to invest! #EmeraldDevelopers #Indore #RealEstate #InvestinginRealEstate #craftingimaginationintorealty

Expensive housing in India. Man-made problem. How? The top ten most populous cities occupy only about 0.2 percent of the national land mass. (Das, Prashant, Ramya Aroul, and Julia Freybote (ed.), 2019, Real estate in South Asia, Routledge, Abingdon, p. 100) No wonder, the price of land is high in urban India. And, that is the main reason for expensive housing.

Yesterday India announced ambitious affordable housing program. Total 30 million new homes in next 60 months. In other words, every five seconds a deserving family is targeted to get their dream home. This is on top of 40 million new affordable houses built in last decade or a speed of new house every eighth second already achieved. This is the most impactful inclusive event in the entire human history. Assuming five people per household, it’s impact footprint, over 15 years, is bigger than each of continents except Asia and Africa. This is even surpassing the well documented recent Chinese “housing boom”, as this Indian program is targeted and based on democratic feedback.

Pradhan Mantri Awas Yojana (PMAY) 2.0 is set to revolutionize urban living in India! This ambitious initiative aims to provide affordable housing to 1 crore urban poor and middle-class families by 2029. With a massive investment of ₹10 lakh crore, PMAY 2.0 focuses on ensuring that every Indian has a roof over their head. The scheme emphasizes sustainable and inclusive urban development, promoting the construction of eco-friendly and disaster-resilient homes. It also aims to boost the real estate sector, creating numerous job opportunities and contributing to the overall economic growth of the country. Stay informed and be a part of this transformative journey towards 'Housing for All'! 🌆🏠 #AffordableHousing #PMAY2 #UrbanDevelopment #HousingForAll #RealEstateGrowth #IndiaHousing #SustainableLiving #EconomicGrowth #goldenbrx #gbrx

"The Indian real estate market witnessed an unprecedented surge in 2023, surpassing all expectations and setting new records. A big booster to housing demand has been the increased importance of owning a property backed by consumer confidence in the overall vibrant economic scenario. India’s real estate industry is predicted to make up 13 per cent of the nation’s GDP. " Hear from Mr Ramani Sastri, Chairman & MD of Sterling Developers as he shares his views on the Real Estate Boom in Urban India. Read the full article at: https://lnkd.in/gUG_FtZ8 #SterlingDevelopers #UrbanIndia #Bengaluru #INdian #RealEstateBoom

🏠 Affordable Housing Solutions: Meeting India's Growing Demand 🏠 India's rapid urbanization presents both opportunities and challenges. As cities expand, the need for affordable housing becomes critical. Let's delve into how we can address this pressing issue: 🔹 The Challenge: India faces a shortage of 18 million homes, with 15 million needed for low-income families earning less than ₹16,000 ($250) per month. Slums and unplanned real estate exacerbate the housing crisis. 🔹 Government Initiatives: The "Pradhan Mantri Awas Yojana" aims to provide affordable houses to low-income families across 2,508 cities in 26 states by 2022. However, challenges persist. 🔹 Investment Landscape: While developers are active in affordable housing, mainstream private equity investors hesitate due to thin margins. We must align commercial viability with social impact. 🔹 Land Availability: Faster land acquisition processes and smoother approvals can enable developers to create units at predetermined prices. 🔹 Inclusive Approaches: Encourage mixed-use development, efficient land use planning, and green housing. Involve communities in quasi-legal structures for dispute resolution. Let's build a future where every Indian has a safe and affordable place to call home! 🌟 #AffordableHousing #India #UrbanDevelopment

Real estate has always been and continues to be a major contributor in the economic expansion of India. Here are some numbers. #RealEstate #India #EconomicExpansion #Investment #PropertyMarket #Infrastructure #Growth #Development #Urbanization #Opportunity #Housing #CommercialRealEstate #ResidentialRealEstate #Construction #Investing #AadinathIndia #AadinathUrHomes #OfficeSpace #RetailSpace

#newepisode #theurbanagenda Amidst the post-COVID surge in home prices and rents, the pursuit of affordable housing in India's major cities intensifies. Young professionals and low-income families grapple with the daunting question: will owning a home ever be feasible? Despite significant strides by PMAY (U) under the Modi Government, years, surpassing its predecessor JnNURM, the affordable apartments and units in India's top 7 cities, still fall short of fulfilling the needs of many urban low-income families. Should the government address this gap by providing homes priced under INR 40 Lakh, rather than relying solely on the private sector? Moreover, why are private players not building affordable homes? Explore this vital issue as Manisha Natarajan discusses it with Anuj Puri - Chairman, ANAROCK Group, and Vipul Roongta - MD & CEO, HDFC Capital Advisors Limited, for valuable insights. https://lnkd.in/ggYgwHEX NDTV #housing #homeindelhincr #sothebysrealty #indiasothebysrealty #realestate #delhiplan #ndtvindia

Are you planning on buying a house? Are you thinking of a flat or a bunglow at a colony? The culture of investing in colonies and gated communities has evolved in both tier 1 and 2 cities. It being true that real estate is one of the safest investments, you can expect a profit margin of 50% with your 5 crore real estate investments. The real estate business in India is crazy. The construction just does not stop- be it tier 1 or tier 2,3 cities. The spaces built in tier 1 is high end apartments  and the ones in tier 2,3 are colonies People purchase houses for both personal use and business purposes or investment purpose. The real estate market in India is 0.33 trillion $ and will soon reach 1 trillion $ I recently met the founder of Tirupati Constructions, Mr. Dilip Paryani. In the past 15 years they constructed 50 colonies and 20k homes. He is an encyclopedia of the real estate of a tier 2 city like Ujjain. We discussed about the following-  How to recognise a potential land or plot and how to purchase it  How to sell the plots How to get approvals from the government and deal with rampant regulations How to market, how much to invest How to recognise and stay away from real estate frauds and scams And lastly, how to start a real estate business. I have shared all of this in my short YouTube video. Comment below for the link!