Since the Prime Minister’s announcement of the Housing for All by 2022 initiative, affordable housing seems to have become the buzzword of the real estate industry.

Elevator and escalator industry expected to grow over 50 per cent in the next four years, to reach US$ 175 billion by 2021.

The government’s approval on the long-pending Mumbai DP 2034 is a welcome move. The DP is likely to spur real estate activity in the city and also pave the way for the development of much-needed affordable houses in Maximum City.

At our recent Smart Urbanation Summit in Hyderabad, organised by Smart Cities Council India, Tadipatri was not just felicitated for its initiatives under AMRUT, but its municipal corporation was also honoured for its solid waste management initiative.

It was introduced as the 29th state of India in 2014. And in 2017-18, Telangana's GSDP (gross state domestic product), at current prices, stood at Rs 7,326.57 billion (a growth rate of 14.1 per cent) compared to the all India GDP at Rs 167,516.88 billion (a growth rate of 9.8 per cent).

CREDAI-MCHI inked an important Memorandum of Understanding (MoU) with the Government of Maharashtra for affordable housing in the presence Maharashtra Chief Minister Devendra Fadnavis at the Magnetic Maharashtra Summit in Mumbai.

The year 2017 had been an action-packed one, not just for real estate but for the entire nation. Many new reforms were introduced in the real estate sector also, which are now showing positive results.

The Minister of State (Independent Charge) for Housing and Urban Affairs Hardeep Singh Puri, has reportedly said that out of the required 12 million houses by 2022, nearly 4 million houses have already been sanctioned under the Pradhan Mantri Awas Yojana (PMAY).

The largest city and summer capital of the Indian state of Jammu & Kashmir, Srinagar bagged the 10th place in the fourth list of the 30 cities to be developed under the government's Smart Cities mission.