Browsing Tag
smart cities
6 posts
No More Patchwork Development: State Approves New Policy to Build Iconic, World-Class Townships
Maharashtra’s new policy ends fragmented construction and introduces a unified approach to build iconic, master-planned townships via a structured Construction & Development Operator model, strict timelines, and integrated design standards.
India’s Real Estate to Become a ₹800 Lakh Crore Powerhouse by 2047 — Tier II Cities to Drive the Next Big Boom
A new Colliers–CII report projects India’s real estate sector to grow 20 times by 2047 — reaching USD 5–10 trillion and contributing up to 20% of GDP. Tier II cities, alternative assets, and redevelopment are set to lead the next big boom in India’s housing and infrastructure story.
“Redevelopment Must Be Inclusive, Sustainable”: New Report Charts Roadmap for India’s Urban Future
A new report by GRSF and Primus Partners warns India’s cities face an unsustainable future without bold redevelopment reforms. “We must craft urban spaces that are resilient, inclusive, and future-ready,” said Aarti Harbhajanka, MD, Primus Partners, as the study set out a roadmap for zero sprawl, affordable housing, and smart infrastructure by 2047.
Indian Real Estate Sector Poised to Cross $4.8 Trillion by 2047, PropTech to Reach $600 Billion, Says CREDAI-EY Report
India’s real estate sector is projected to exceed $4.8 trillion by 2047, contributing 18% to the country’s GDP. PropTech, driven by innovations like AI and IoT, is set to grow significantly, reaching a $600 billion market size. Strategic reforms and policy changes are key to unlocking the sector’s full potential.