Tech innovations is making housing affordable
The Indian real estate sector has undergone significant growth, projected to become a $5.8 trillion industry by 2047, as per the collaborative report titled “India Real Estate: Vision 2047” by Naredco and Knight Frank. This surge in growth emphasizes the sector’s crucial role in national economic development, with a focus on residential real estate. Despite this progress, challenges persist, particularly in providing affordable housing for all income groups. Addressing these challenges requires strategic attention to infrastructure development, integrating sustainability into construction and design, and leveraging technology as a transformative force.
