NAREDCO Champions Affordable Housing Amidst Real Estate Boom

10 Jan 2024 CW Team

Amidst the current surge in the real estate sector, the National Real Estate Development Council (NAREDCO) is taking a proactive stance in advancing the affordable housing agenda. Focusing on sustainable construction practices and labour welfare, NAREDCO aims to balance the real estate boom with inclusive development measures.

As the real estate graph witnesses an upswing, NAREDCO is championing initiatives to ensure that the momentum translates into accessible and affordable housing solutions. The emphasis on affordable housing aligns with broader national goals and addresses the need for housing options that cater to diverse economic segments.

NAREDCO's commitment to sustainable construction practices reflects an awareness of environmental concerns and the long-term impact of real estate development. By integrating eco-friendly approaches, the council seeks to contribute to environmental conservation while meeting the housing demands of a growing population.

The focus on labour welfare is a pivotal aspect of NAREDCO's agenda. Recognising the integral role of the workforce in the construction industry, the council aims to prioritise the well-being and rights of labourers, fostering a more equitable and humane approach to real estate development.

As NAREDCO spearheads these initiatives, it plays a crucial role in shaping the real estate landscape in alignment with national objectives. The emphasis on affordability, sustainability, and labour welfare not only reflects responsible development practices but also positions NAREDCO as a key player in driving inclusive growth in the real estate sector.

Infrastructure Urban

11 May 2026

Profit after tax rises tenfold as ARIS turns net cash positive

Arisinfra Solutions Limited reported strong FY26 results, with revenue rising 39 per cent year-on-year to Rs 10.67 billion. Profit after tax increased more than tenfold to Rs 603 million, while EBITDA margin expanded to 9.43 per cent from 6.53 per cent in FY25.The company turned net cash positive during the year, with net debt-to-equity improving from 1.25x to -0.09x. Cash flow from operations crossed Rs 1 billion, while net working capital days reduced from 110 to 66, reflecting stronger cash generation and improved operating efficiency.Q4 FY26 was the company’s strongest quarter, with reve..

Duravit Launches Manhattan Faucet Series

Duravit has introduced its Manhattan faucet series, bringing a cube-inspired design language to contemporary bathroom spaces with a focus on urban aesthetics, functionality and water efficiency.The German bathroom solutions brand said the collection features clean lines, precision edges and reflective surfaces created through advanced manufacturing processes. The range includes faucets for sinks, bidets, bathtubs and showers, offering a uniform design language across bathroom interiors.The sink faucet range is available in S, M, and XL sizes, along with concealed-installation variants. Finish ..

Sdeira Launches 27,000-Bed Workforce Community

Sdeira Group, part of AD Ports Group, has launched Aryam–KEZAD Al Mamourah, an integrated staff accommodation community with a total capacity of 27,000 beds in Abu Dhabi. The announcement was made during Make it in the Emirates 2026.Located within Al Mamourah in KEZAD A, the development offers proximity to Khalifa Port, the surrounding logistics zone, and the Abu Dhabi–Dubai transport corridor. The project will be developed in two phases, with Phase One comprising 14,000 beds across a 110,200 sq m site and a built-up area of 137,800 sq m.The community will include central kitchens, dining ..