AIFORERA members delve into Auroville's innovative urban development and sustainability practices, eyeing potential real estate governance applications.
AurovilleSustainable Urban PlanningReal Estate GovernanceGreen BuildingsCommunitydriven DevelopmentReal EstateMar 06, 2025

Auroville is an experimental township in Tamil Nadu, India, founded in 1968. It is known for its holistic approach to urban development, emphasizing sustainability, community, and harmony with nature.
AIFORERA is a leading real estate regulatory association established in 2010. It promotes ethical and sustainable practices in the real estate sector and works with various stakeholders to ensure environmentally sound and socially responsible projects.
Auroville's urban planning is guided by principles such as sustainable design, renewable energy, waste management, and participatory governance. The township is divided into different zones to ensure a balanced distribution of resources and minimize environmental impact.
Auroville employs innovative waste management techniques, including composting and recycling, and focuses on water conservation through the use of rainwater harvesting and efficient water systems.
Auroville operates on a participatory and consensus-based governance model. All residents have a say in decision-making processes, ensuring that the community's needs are met and that development is inclusive and equitable.

The real estate sector is hoping for a boost from the new government, with fine-tuning of RERA, industry status, and a relook at GST on under-construction homes topping the agenda.

The Ministry of Statistics & Programme Implementation (MoSPI) recently organized a brainstorming session to improve response to surveys from high-income groups and gated societies.

Senior lawyer and former Rajya Sabha MP Mahesh Jethmalani has strongly criticized the indictment against the Adani Group in the United States, stating that there is no allegation of bribery in India and the case is speculative and lacks evidence.

Analysts are optimistic about the future performance of HUDCO, Anant Raj, and other key stocks in the real estate and manufacturing sectors. The target price for HUDCO is set at Rs 900 to Rs 950 per share, expected to be achieved within the next 12-18 mon

Vishal Garg, the founder and CEO of Better.com, has announced the shutdown of the company's real estate unit, leading to significant layoffs. This decision comes amidst a challenging period for the mortgage industry.

The Mumbai real estate market is entering a phase of stability, a positive sign for developers, investors, and homebuyers alike. According to Prashant Sharma, President of NAREDCO Maharashtra, the market is showing promising signs of recovery and growth.