Sustainable Housing Societies: A New Era for Indian Real Estate

The Indian government is pushing for decentralized water and energy production in housing projects, making them self-sustainable

Sustainable HousingReal Estate IndustryRainwater HarvestingSolar EnergyWomen EmpowermentReal EstateJun 14, 2024

Sustainable Housing Societies: A New Era for Indian Real Estate
Real Estate:The Indian government is taking a significant step towards making housing societies sustainable. Housing and Urban Affairs Additional Secretary D Thara emphasized the need for decentralized water and energy production in housing projects, making them self-sustainable. Speaking at the 3rd convention of Naredco's women wing 'NAREDCO Mahi', Thara asked real estate developers to make provisions for rainwater harvesting compulsory in their projects and to add playing areas for children.

Thara stressed that it's essential to change the way we build houses, moving away from centralized energy and water production to decentralized citizen-based water and energy production. She also encouraged builders to explore the provisioning of cool pathways powered by solar energy in housing societies.

The real estate sector still lacks women entrepreneurs, with only 8-10% participation. Naredco President G Haribabu highlighted the need for increasing women's enrollment in the sector. Naredco Chairman Niranjan Hiranandani praised the government's initiatives, including the construction of 3 crore housing units in the next five years, which would transform the real estate sector.

Naredco is a realtors' body that aims to promote sustainable real estate development in India. The organization's women wing, NAREDCO Mahi, focuses on women empowerment in the real estate sector. The Indian government has been taking steps to promote affordable housing and sustainable living in the country.

Naredco is a leading realtors' body in India, dedicated to promoting sustainable real estate development and women empowerment in the sector.

Frequently Asked Questions

What is the government's initiative for sustainable housing?

The government is pushing for decentralized water and energy production in housing projects, making them self-sustainable.

What is the role of Naredco in promoting sustainable real estate?

Naredco is a realtors' body that aims to promote sustainable real estate development in India.

Why is women empowerment important in the real estate sector?

Women's participation in the real estate sector is currently low, and empowering them can help increase their enrollment and contribution to the sector.

What is the government's plan for affordable housing?

The government plans to construct 3 crore housing units in the next five years, with a focus on affordable housing.

What is the significance of rainwater harvesting in sustainable housing?

Rainwater harvesting is an essential aspect of decentralized water production, making housing societies self-sustainable.

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