Why Indian Cities Are Especially Vulnerable

India is urbanising at remarkable speed. Every year, cities spread further outward. Buildings rise higher. Roads get wider. Green spaces shrink. That growth is essential for economic development. But experts say it must also become climate-sensitive. Parveen Jain, President of NAREDCO, believes the Urban Heat Island effect is no longer just an environmental concern.

"It directly affects the way people live, increasing indoor temperatures, pushing up electricity consumption and impacting public health," he says.

Residential developers are increasingly expanding into India's Tier-II cities as they see improving infrastructure, industrial growth, and changing home-buyer preferences creating new growth opportunities beyond the country's metropolitan markets.

Residential developers are increasingly expanding into India's Tier-II cities as they see improving infrastructure, industrial growth, and changing home-buyer preferences creating new growth opportunities beyond the country's metropolitan markets.

सिद्धार्थ जैन, प्रेसिडेंट, नारेडको नेक्स्टजेन एनसीआर एंड डायरेक्टर, ट्यूलिप इन्फ्राटेक के अनुसार, हर कोई चाहता है कि उसकी कमाई ऐसी जगह इन्वेस्ट हो, जहां आने वाले समय में अच्छा रिटर्न मिले। पिछले कुछ वर्षों में रियल एस्टेट भी इन्वेस्टमेंट का एक मजबूत ऑप्शन बनकर उभरा है।
 

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The 5th NAREDCO Mahi Real Estate Convention 2026 was held at Yashobhoomi, New Delhi, on June 20, in association with Bharat Buildcon 2026, bringing together women leaders, developers, entrepreneurs, policymakers and industry stakeholders to celebrate five years of NAREDCO Mahi's journey in advancing women's participation and leadership in the real estate sector.

Only 1 to 2 per cent of women occupy leadership positions in the country's real estate sector, despite increasingly influencing housing demand, property ownership, and sustainability-led development. A joint report by JLL and NAREDCO MAHI, titled "Building Inclusive Future: Empowering Women in India's Real Estate Transformation", revealed that women comprise 48.5 per cent of India's population, but only represent around 10 per cent of the 71 million workforce employed in the construction sector.

NAREDCO President Parveen Jain says India's housing demand will remain strong despite short-term headwinds. He calls for industry status, faster approvals, title insurance and skill development to accelerate real estate growth.

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The real estate body NAREDCO's women's wing (NAREDCO Mahi) calls for increasing women's participation in the sector. Talking to PTI Videos NAREDCO Mahi President Smita Patil said, "NAREDCO Mahi is putting all efforts to bring more and more women into the real estate sector." NAREDCO Mahi is a five-year-old outfit which initially started with 5 women but today it has 500 members working in the real estate industry.

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A renewed focus on affordable housing, rental housing reforms, stronger homebuyer protection through better RERA–IBC alignment, and more effective implementation of RERA is essential for India’s real estate sector to achieve its projected size of $5.8 trillion by 2047, according to a joint report by KPMG in India and NAREDCO.

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Women must play a central role in India's economic transformation if the country is to achieve its goal of becoming a developed nation by 2047, Union Minister of Labour and Employment Mansukh Mandaviya said while addressing the 5th NAREDCO Mahi Real Estate Convention 2026 in New Delhi.

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