Budget 2022: Real estate players want ‘affordable housing’ redefined, tax relief and more

As urban India grows in means and aspirations, the youth gravitates towards geographies for job opportunities. This has led to a shift in home preferences towards smaller-homes and fully-furnished homes with a lesser need to buy immovables like furniture. Moving for work becomes a plug-and-play exercise while selecting a home to rent and stay in for young mobile professionals. Universe, Planet’s flagship project in Pune, India has launched 1 BHK fully furnished apartments to meet the huge market demand in the Hinjewadi belt, which is a prominent IT hub

Recently, India saw the introduction of much-anticipated next-generation 5G network services.  It has the potential to be the driving force behind economic progress in all sectors and businesses. 5G is a dependable, high capacity, low latency communications network that is ubiquitous and less expensive than existing high bandwidth solutions, according to Stephen Dunphy, Global Head of IoT. In the future 5G networks will coexist with LoRaWAN networks for IoT in general, and Proptech, real estate, and property management in particular for eg. smart infrastructure management

More than 2.1 billion people still lack access to safely managed drinking water and about 40% of the global population face water scarcity. Despite how valuable this resource is, water can sometimes lead to maintenance problems in housing societies. Be it receiving contaminated or unclean water, experiencing a shortage of water, or dealing with unforeseen leaks and wastage, housing societies are facing a lot of challenges in the cover of water scarcity in metro cities. Water is one of the most undervalued but overused commodities while being a necessity for people. Let’s find out how and where are we going wrong while dealing with this major water crises.