Mumbai's rapid growth comes at the cost of its ecology and sustainability, risking its future as a liveable city. Despite being a climate-sensitive city with high population density and urban inequality, the city authorities have not paid attention to its
MumbaiEcologySustainabilityClimate ChangeUrban PlanningReal Estate MaharashtraAug 05, 2024
Mumbai's growth is coming at the cost of its ecology and sustainability, risking its future as a liveable city.
Mumbai is a climate-sensitive city with high population density and urban inequality, and climate change-induced extreme weather is a major concern.
The BMC is responsible for key civic services, but some areas and projects are exclusively governed by autonomous bodies with no accountability to the city’s elected body.
Mumbai has one of the worst instances of urban inequality in India, with over 54% of its population living in slums and affordable housing within city limits being a distant dream.
A comprehensive urban planning approach that takes into account the city's ecology, economy, and social welfare is needed to address Mumbai's problems.
India's top 100 real estate companies have witnessed significant growth, with a total valuation of Rs 14.2 trillion, indicating the country's potential to become the real estate capital of Asia.
REC Ltd shares surged over 3% on the NSE after the company signed non-binding MoUs worth ₹1.12 lakh crore with renewable energy developers.
A recent report by Knight Frank and NAREDCO indicates a positive yet cautious outlook for India's real estate market, which is poised to become a major employment hub and a hub for PropTech innovation.
The PROPEL initiative was launched at Excelerate 3.0, a leading event dedicated to fostering innovation and technology in the real estate sector, marking a significant step towards enhancing PropTech startups in Maharashtra.
Maharashtra's 288 assembly seats need 145 seats for a majority. According to Matrize, the Mahayuti alliance is projected to win between 150–170 seats...
Delhi NCR's real estate industry is booming, but at what cost? Malnourished and overworked migrant labourers are the backbone of this growth, living in deplorable conditions and facing severe exploitation.