Tag: sustainable construction

IndustryLatest Stories

AI and Sustainability Driving Real Estate Growth: Experts

NEW DELHI: During the NAREDCO Real Estate Conclave 2026, experts highlighted that artificial intelligence, sustainable construction, regulatory compliance, and skill development will be pivotal in shaping India’s real estate landscape. Anand Kumar, Chairman of AIFORERA and Delhi RERA, emphasized that while significant growth is expected in the sector, it necessitates investor confidence, regulatory compliance, and strategic long-term planning. “The Real Estate (Regulation and Development) Act (RERA) has been essential in restoring trust among homebuyers, investors, and developers. All stakeholders must understand and fulfill their responsibilities under the law for sustainable sector growth,” Kumar stated. Kumar identified emerging segments like commercial…

IndustryLatest Stories

India Must Speed Up Construction to Meet Urbanization Needs: Minister

NEW DELHI: To address the demands of rapid urbanization, India must significantly enhance its construction activities, stated Union Minister for Housing and Urban Affairs, Manohar Lal Khattar, at Bharat Buildcon 2026. Khattar emphasized that future construction efforts should prioritize speed, quality, durability, sustainability, and affordability. He projected that India’s urban population will grow dramatically in the coming decades, leading to increased demands for housing, infrastructure, and public amenities. To meet these future needs, over one crore urban homes will need to be constructed annually, he noted. Additionally, Khattar suggested implementing a durability certification system for buildings to reflect their expected…

Latest StoriesResidential

PMAY-U 2.0 Extended to Sept 2026; Aims for 1 Crore Urban Homes

Representative AI image NEW DELHI: The Central Government has extended the deadline for the Pradhan Mantri Awas Yojana–Urban (PMAY-U) until September 30, 2026, to support the completion of ongoing housing projects and the release of necessary funds, as stated by Minister of State for Housing and Urban Affairs, Tokhan Sahu, in a written response to the Lok Sabha. Initiated on June 25, 2015, PMAY-U aims to ensure eligible urban households across India have access to durable housing with essential civic amenities. Learning from the previous implementation of the scheme, the government has launched PMAY-U 2.0, effective September 1, 2024. This…