World Population Day - July 11
India's urban population is projected to grow to 53.30 crore by 2025; and the real estate sector is likely to grow by almost 30 per cent over the next decade, partly as a result of building accommodations for this expanding urban population.
Since the housing sector currently contributes up to 6 per cent of Indai's GDP (Gross Domestic Production) and with the National Urban Housing and Habitat Policy stating that minimum 50 per cent of the population will live in urban areas by 2041, there is a need to guide sustainable mobility and infrastructure within townships that are coming up in peripheral areas.
India's urban population is projected to grow to 53.30 crore by 2025; and the real estate sector is likely to grow by almost 30 per cent over the next decade, partly as a result of building accommodations for this expanding urban population.
Since the housing sector currently contributes up to 6 per cent of Indai's GDP (Gross Domestic Production) and with the National Urban Housing and Habitat Policy stating that minimum 50 per cent of the population will live in urban areas by 2041, there is a need to guide sustainable mobility and infrastructure within townships that are coming up in peripheral areas.
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