Goyal Urges Real Estate Sector to Embrace Eco-Friendly Construction Practices
Union Minister Piyush Goyal has called on real estate developers to adopt environment-friendly construction techniques and focus on affordable rental housing to curb urban slum proliferation.
Real EstateEnvironmentfriendlyAffordable HousingCredaiNpaReal Estate MaharashtraNov 25, 2024
Established in 1999, CREDAI is a significant body with over 13,000 members across the country. The organization plays a pivotal role in shaping the real estate sector and promoting best practices among its members.
Goyal emphasized the need for better construction methods, such as using steel and precast fabrication, to reduce pollution. \
Frequently Asked Questions
What did Union Minister Piyush Goyal urge real estate developers to do?
Piyush Goyal urged real estate developers to adopt environment-friendly construction techniques and focus on affordable rental housing to curb urban slum proliferation.
What is CREDAI and when was it established?
CREDAI, the Confederation of Real Estate Developers' Associations of India, was established in 1999 and has over 13,000 members across the country. It plays a significant role in shaping the real estate sector.
Why did Goyal suggest setting up a task force to study the impact of construction on air quality?
Goyal suggested setting up a task force to study the adverse impact of construction activities on air quality in 20 major cities to understand and address pollution issues in metropolitan areas.
What are the benefits of using steel and precast fabrication in construction?
Using steel and precast fabrication in construction can help reduce pollution, speed up the construction process, and provide better quality construction.
What is the role of RERA in the real estate sector?
RERA, the Real Estate (Regulation and Development) Act, has helped eliminate bad developers from the market and enhanced consumer confidence by ensuring timely delivery of properties.
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