+
Highly Matured Real Estate Sector Needed for Developed India by 2047: Housing Minister
Real Estate

Highly Matured Real Estate Sector Needed for Developed India by 2047: Housing Minister

The Housing Minister has underscored the critical importance of nurturing a highly matured and developed real estate sector to realise India's aspiration of attaining developed nation status by 2047. This vision necessitates concerted efforts towards enhancing transparency, efficiency, and sustainability across the real estate landscape.

The minister's remarks highlight the pivotal role of the real estate sector as a cornerstone of economic growth and urban development. A robust and well-regulated real estate market is essential for creating livable cities, fostering economic prosperity, and ensuring social inclusion for all segments of society.

As India charts its course towards becoming a developed nation, stakeholders in the real estate industry will play a crucial role in driving innovation, investment, and policy reform. The minister's call for a highly matured real estate sector underscores the need for comprehensive reforms and collaborative initiatives to address challenges and unlock the sector's full potential.

The Housing Minister's emphasis on the importance of a highly matured real estate sector underscores the government's commitment to fostering sustainable urbanisation and economic progress. By prioritising the development of the real estate sector, India aims to create vibrant and inclusive cities that serve as engines of growth and prosperity in the years to come.

The Housing Minister has underscored the critical importance of nurturing a highly matured and developed real estate sector to realise India's aspiration of attaining developed nation status by 2047. This vision necessitates concerted efforts towards enhancing transparency, efficiency, and sustainability across the real estate landscape. The minister's remarks highlight the pivotal role of the real estate sector as a cornerstone of economic growth and urban development. A robust and well-regulated real estate market is essential for creating livable cities, fostering economic prosperity, and ensuring social inclusion for all segments of society. As India charts its course towards becoming a developed nation, stakeholders in the real estate industry will play a crucial role in driving innovation, investment, and policy reform. The minister's call for a highly matured real estate sector underscores the need for comprehensive reforms and collaborative initiatives to address challenges and unlock the sector's full potential. The Housing Minister's emphasis on the importance of a highly matured real estate sector underscores the government's commitment to fostering sustainable urbanisation and economic progress. By prioritising the development of the real estate sector, India aims to create vibrant and inclusive cities that serve as engines of growth and prosperity in the years to come.

Next Story
Infrastructure Urban

CJ Logistics’ Global CEO visits India to align growth strategy

Jonathan Song, newly appointed CEO of the Global Business Division at South Korea-based CJ Logistics, concluded a strategic three-day visit to India from July 29 to 31, reinforcing the company’s long-term commitment to the market through its subsidiary, CJ Darcl Logistics Ltd. Mr Song held high-level discussions with the CJ Darcl leadership and key customers to understand India’s evolving logistics needs, identify synergy areas, and enhance business alignment. His visit highlighted the strategic significance of India in CJ Logistics’ global network, especially amid the country’s g..

Next Story
Real Estate

Max Towers secures five star rating in safety audit by British Council

Max Estates, a leading NCR-based real estate developer, has achieved a five star rating in its first attempt at the British Safety Council’s ‘Five Star Occupational Health and Safety’ Audit for Max Towers, its premium commercial office project in Noida. The grading reflects the organisation’s commitment to the continual improvement of its occupational health and safety systems. The comprehensive audit covered documentation, interviews with senior management and employees, stakeholder feedback, and rigorous sampling of on-ground activities. It assessed performance against best prac..

Next Story
Real Estate

India’s Tier 2 & 3 Cities: The Next Growth Frontier for Real Estate

Introduction India’s metropolitan cities have long dominated the real estate landscape, shaping both market trends and public discourse, but the narrative is shifting towards India’s tier 2 and 3 cities. Beyond the metro cities, Tier 2 and Tier 3 cities such as Indore, Ahmedabad, Chandigarh, Jaipur, Coimbatore, Lucknow, Bhubaneswar, Kochi, Surat, Guwahati, and many others are emerging as vibrant real estate hubs. This growth is driven by impetus from rapid urbanisation, logistics corridors like the Delhi Mumbai Industrial Corridor, IT/ITeS investment zones, emergence of global capabil..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?