Innovative Designs: Gadkari's Vision for Affordable Housing
Union Minister Nitin Gadkari emphasized the importance of designing affordable housing by considering the purchasing power of people. Addressing a gathering at the 'Design Showcase and Confluence 3.0', he underscored the real estate sector's rapid growth and its role in job creation and revenue generation.
- Country:
- India
Union Minister Nitin Gadkari advocated for construction designs that align with the purchasing power of people, stressing the critical need for low-cost and affordable housing. Speaking at the 'Design Showcase and Confluence 3.0' hosted by the Indian Institute of Interior Designers, he highlighted the real estate sector's rapid expansion.
Gadkari remarked that the real estate industry is set to generate a significant number of jobs, contributing greatly to both state and central revenues through GST. He urged the sector to focus on reducing production costs while promoting new design, innovation, and research.
Emphasizing the importance of strategic planning in construction design, Gadkari noted that the housing sector must adapt to economic realities to meet demands for more affordable options.
ALSO READ
-
Bangladesh Secures $100m ADB Loan to Help 40,000 Families Build Safer Homes
-
EIB and Intesa Sanpaolo Sign €300 Million Deal to Expand Affordable Housing in Italy
-
Slovenia’s €300M Housing Push Opens Doors to Affordable Homes and Fair Rents
-
Ecuador’s $800M Infrastructure Plan Promises Better Services for Millions
-
France Plans Housing Hub to Unlock European Funding and Technical Expertise
Google News