Additional Secretary of the Ministry of Housing and Urban Affairs, D. Thara, has urged the real estate industry to prepare for constructing affordable housing as per the envisioned practices of the new NDA Government led by Prime Minister Modi.
Real EstateHousingNaredcoAffordable HousingMinistry Of Housing And Urban AffairsReal Estate NewsJun 14, 2024
The Government has cleared 3 crore housing units for the next five years, of which 2 crores would be built in rural areas, while the remaining 1 crore would be constructed in urban areas.
The real estate sector needs to create walkable spaces and provision for parks, school-ways, and pathways powered by solar energy, and incorporate ample rain harvesting and water resource management within the project site.
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Investment in rain harvesting projects should be a core infrastructure plan for the private sector in housing complexes, particularly in the affordable housing sector, to counter the challenges of obesity and provide basic amenities.
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