Mumbai's growth and housing policies discussed
Real Estate

Mumbai's growth and housing policies discussed

The NAREDCO Maharashtra’s flagship ‘Real Estate Forum 2023’ held in Mumbai today had distinguished speakers who gave their valuable insights on the growth curve for Mumbai. Speaking on making Mumbai slum-free Valsa Nair Singh IAS, Additional Chief Secretary, Housing Department, Govt. of Maharashtra, said that cluster-based development would be favourable to improve housing stock in the city.

“The ambitious Dharavi slum redevelopment project, the largest renewal initiative in Asia, will serve as a model for several other clusters that are planned across Mumbai. We will soon announce a new cluster development policy after taking all stakeholders into confidence,” she said.

Speaking on the new housing policy, she said that innovation in smarter homes and technology would be a part of the policy. In addition, homes for senior citizens, and students housing will be given priority. These two sectors should be incentivised in the new housing policy, once the draft goes into the public domain.

She went on to add, “An ideal housing policy is one that promotes affordable housing, walk to work concept and offers a better work-life balance. A skilled labour force and skilling of all agents in the real estate sector is crucial for its proper growth and development.”

“Mumbai and the MMR are growing exponentially with a number of infrastructure projects like MTHL, Navi Mumbai International Airport, the Coastal Road and the Worli Sea connector all set to be completed within the next three to four years that will merge Mumbai with the mainland, reducing travel time across the harbour to just 30 minutes,” said Dr Sanjay Mukherjee IAS, Metropolitan Commissioner, MMRDA.

Speaking on sustainable development, Shri Pravin Darade IAS, Principal Secretary, Department of Environment and Climate Change, Govt. of Maharashtra, said that development and environment should go hand in hand and that the general perception that development destroys the environment is a misnomer. Infrastructure development in fact reduces carbon footprint. There are a growing number of projects that are sustainable and green projects that are LEED and GRIHA certified. 


The NAREDCO Maharashtra’s flagship ‘Real Estate Forum 2023’ held in Mumbai today had distinguished speakers who gave their valuable insights on the growth curve for Mumbai. Speaking on making Mumbai slum-free Valsa Nair Singh IAS, Additional Chief Secretary, Housing Department, Govt. of Maharashtra, said that cluster-based development would be favourable to improve housing stock in the city.“The ambitious Dharavi slum redevelopment project, the largest renewal initiative in Asia, will serve as a model for several other clusters that are planned across Mumbai. We will soon announce a new cluster development policy after taking all stakeholders into confidence,” she said.Speaking on the new housing policy, she said that innovation in smarter homes and technology would be a part of the policy. In addition, homes for senior citizens, and students housing will be given priority. These two sectors should be incentivised in the new housing policy, once the draft goes into the public domain.She went on to add, “An ideal housing policy is one that promotes affordable housing, walk to work concept and offers a better work-life balance. A skilled labour force and skilling of all agents in the real estate sector is crucial for its proper growth and development.”“Mumbai and the MMR are growing exponentially with a number of infrastructure projects like MTHL, Navi Mumbai International Airport, the Coastal Road and the Worli Sea connector all set to be completed within the next three to four years that will merge Mumbai with the mainland, reducing travel time across the harbour to just 30 minutes,” said Dr Sanjay Mukherjee IAS, Metropolitan Commissioner, MMRDA.Speaking on sustainable development, Shri Pravin Darade IAS, Principal Secretary, Department of Environment and Climate Change, Govt. of Maharashtra, said that development and environment should go hand in hand and that the general perception that development destroys the environment is a misnomer. Infrastructure development in fact reduces carbon footprint. There are a growing number of projects that are sustainable and green projects that are LEED and GRIHA certified. 

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?