Housing Minister: Luxury real estate presents vast opportunities
Real Estate

Housing Minister: Luxury real estate presents vast opportunities

Kaushal Kishore, who serves as the minister of State in the Ministry of Housing and Urban Affairs, remarked that the real estate sector presents significant opportunities. He expressed that luxury real estate holds vast potential for developers in the foreseeable future, citing India's substantial need for affordable housing to fulfill the fundamental requirements of all citizens.

Kishore conveyed these sentiments while addressing an event organized by the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi. During his speech, he also underscored the significance of initiatives aimed at ensuring housing for all and promoting affordable housing.

Chittaranjan Dash, the principal commissioner of the Delhi Development Authority, commented that the government has played a crucial role in facilitating luxury housing for everyone. He projected considerable growth for the real estate sector in the next 10 to 15 years, estimating its GDP contribution to be around 13%. Dash emphasized the multifaceted impact of regulatory and policy changes on the luxury real estate segment, including effects on warehousing, schools, hospitals, and other sectors.

Kaushal Kishore, who serves as the minister of State in the Ministry of Housing and Urban Affairs, remarked that the real estate sector presents significant opportunities. He expressed that luxury real estate holds vast potential for developers in the foreseeable future, citing India's substantial need for affordable housing to fulfill the fundamental requirements of all citizens. Kishore conveyed these sentiments while addressing an event organized by the PHD Chamber of Commerce and Industry (PHDCCI) in New Delhi. During his speech, he also underscored the significance of initiatives aimed at ensuring housing for all and promoting affordable housing. Chittaranjan Dash, the principal commissioner of the Delhi Development Authority, commented that the government has played a crucial role in facilitating luxury housing for everyone. He projected considerable growth for the real estate sector in the next 10 to 15 years, estimating its GDP contribution to be around 13%. Dash emphasized the multifaceted impact of regulatory and policy changes on the luxury real estate segment, including effects on warehousing, schools, hospitals, and other sectors.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?