MoHUA senior official emphasizes the need for real estate developers to incorporate rainwater harvesting and solar energy into all housing projects
Rainwater HarvestingSolar EnergySustainable LivingReal EstateMohuaNaredcoReal EstateJun 14, 2024
Rainwater harvesting is important in housing projects as it reduces dependence on external water sources and promotes water conservation within communities.
MoHUA plays a crucial role in promoting sustainable living by formulating and implementing policies related to housing and urban development in India.
Naredco's objective is to promote the interests of its members and contribute to the growth of the real estate sector in India.
Women empowerment in the real estate sector is significant as it promotes diversity and inclusion, and contributes to the growth of the sector.
The government has plans to construct an additional 3 crore housing units in the affordable housing sector, which would give a new direction to the real estate sector for its all-around transformation.
Property registrations in Mumbai have witnessed a significant increase of 22% in May, with a promising trend expected to continue in the coming months.
Homes priced above Rs 1 crore now dominate India's residential real estate market, accounting for 37% of the overall market share.
Bengaluru's real estate market is poised for substantial growth in 2024, with prices expected to rise by 10% in prime locations, driven by demand from the tech industry.
The Indian real estate sector attracted foreign institutional investments of $436 million in Q3 2024, marking a 139% increase from the same period last year. Overall, the sector saw institutional investments totaling $0.96 billion.
A sudden leakage in the 600 mm diameter water pipeline supplying the Fosbery Reservoir in Mumbai has led to a disruption in water supply in areas like Sewri, Darukhana, and Indiranagar. The BMC is working on emergency repairs.
Zerodha’s Nithin Kamath is raising eyebrows over the questionable practices surrounding app reviews in India. He points out the existence of a parallel economy where ratings are bought and sold, undermining the integrity of the app market.