Housing in peace!

Across the world, the stride of migration from rural to urban areas is increasing. By 2050, about 70 per cent of the population will be living in cities, and India is no exception. It will need about 500 new cities to accommodate the influx. A 'smart city' is an urban region that is highly advanced in terms of overall infrastructure, sustainable real estate, communications and market viability.

In India, many of cities will include special investment regions or special economic zones, which has already begun happening; with modified regulations and tax structures to make it attractive for foreign investment. This is essential because much of the funding for these projects will have to come from private developers and from abroad. The concept is not without challenges, especially in India. There are many ways to make residential, commercial and public spaces sustainable by ways of technology, but a high percentage of the total energy use is still in the hands of end users and their behaviour.

Top Builders like Hiranandani Group, Mantri realty, Raheja Developers, DLF, Waves group, etc are dedicated to make India Smart and Green. Where Hiranandani Group and Mantri Realty are active in South India, Raheja Developers is going to build North India. Raheja Developers have a number of projects in Delhi-NCR area.

Raheja has Raheja Oma located on NH-8 in Dharuhera, comes as a breath of fresh air to fulfill the vacuum that exists in this vast industrial belt for quality and premium luxurious housing needs. These completely stacked homes can be effortlessly rented out and utilized all the more as your own particular adjusted flats under a game plan with the service provider company.

Navin Raheja, CMD, Raheja Developers, and Chairman of NAREDCO, said: “The Government must ensure decentralization of power to reach the local level, apart from focusing on accountability for results and timelines. It is important that each smart city has its own economic hub for job creation.”

Niranjan Hiranandani, Building Blocks Of Success

Hiranandani is a name synonymous with beautiful homes. Homes that combine style with comfort. An architect of his own dreams, Niranjan Hiranandani, head of Hiranandani Constructions, chats with Reema Sisodia about his passion for building communities.

The man is on the move, quite literally too. As I make my way to meet Niranjan Hiranandani, managing director of Hiranandani Constructions Private Limited, I am told that he is on his customary morning round when he meets his staff - right from the shop floor level to the higher executives.

His secretary requests me to wait in his chamber for a few minutes and sure enough he is with me in a few moments. He arrived actively in conversation with one of his project heads as he headed towards his well-designed office, not forgetting however to acknowledge my presence and apologise for the delay.

I overheard the dialogue; he was speaking firmly but clearly about the importance of being a performer and a go-getter, the responsibility that comes with authority and the necessity of being humble while being assertive. This was not, of course, orchestrated because there was no need to and the proceeding interview proved this.

Read More: http://www.businesstravellerindia.com/200602/hiprofile01.shtml

IT brings in realty boom in Mahabalipuram road

Chennai's old Mahabalipuram road is set to see a huge supply of residential property -- 10,000 new apartments, with 4 major residential townships. All on the back of investments to the tune of Rs 4,000 crore, reports CNBC-TV18.

Peripheral Smart Cities! Changing urban landscape

A city that thinks for you! This should focus on creating an entirely new way of living with infrastructure and facilities that extend beyond a regular housing society. The city promises to offer a nurturing environment to its residents and is being developed to provide an entirely new living experience that is beyond comparison.

City which would be equipped with high-tech pre-paid energy meters, GPS tracked bus systems, fiber optic connectivity, and an online Smart City Portal that gives you real-time information on various utility services and other city level services like bus service timing and availability of parking space in the neighborhood mall. Rain water harvesting as well as water recycling plants that recycle grey water for re-use will ensure a minimum strain on the ecosystem. The Central Command Center would monitor all services in the city and would also monitor traffic situation, security across sectors and provide emergency services during flood, fire, accident etc.

A smart city's core infrastructure is information technology, where a network of sensors, cameras, wireless devices, data centers forms the key infrastructure providing essential services. Being environmentally friendly, smart cities use sustainable materials for building facilities and reduce energy consumption.

There is availability of huge land parcel at affordable rates in peripheries of main cities, access of natural resources, scope of development in every corner etc. It includes Net connectivity, intact connectivity, work-life balance with scope of commercial setup in vicinity, amenities & entertainment, socio-economic environment, decongestion, Eco-friendly surrounding, Public safety, Architecture marvels, planned township, public service mgt like traffic, sewage & waste mgt, healthcare facilities, smart infrastructure. These cities are to be exemplified as more instrumented, inter-connected & intelligent. Union government is also considering funding Rs 7060cr signals recognition of unleashing tech dreams.

Role of Hiranandani Group in this township is  one of the best CBD with facilities like horticulture, green blgd, infrastructure & connectivity, road, water, power, residential & commercial, education, retail, healthcare, high street, banks & ATM, entertainment, hospitality, commercial hub town with conglomerates, barren land to smart city in city, better standard of living,areas which are considered and has scope for such developments are Alibaug, Panel-Navi Mumbai, Mumbai-Pune road, Chennai, Nasik, Ahmedabad, etc to meet governments manifesto of having house for all by 2022 with 100 smart cities.

Skilled Workforce - Transformer for Construction Industry

As the construction and other infrastructure building activities in the country flourish, there is a growing need to mobilise and train individuals in the construction sector so that the rising need for skilled manpower can be fulfilled. Ensuring a steady pool of qualified, globally-competitive and job-ready workforce for the construction industry will not only ensure high quality output, it will also lead to a higher employment generation in urban, semi-urban and rural areas, consequently having a multiplier effect on the country's GDP growth.
India has 11million students currently pursuing higher education, which represents only 11% of the age group 17-23, which is expected to rise up till 21% by 2017. India is emerging as human capital and knowledge driven economy on the world map. Therefore, govt must acutely address to the inadequacies in vocational education domain to make it more prominent. Govt is expected to draw huge investment on ICT (Information & Communication Technology) front, considering the fact that world is turning around to digitalization.
The value of the construction sector with respect to India's economy has never been more impactful. The Real Estate sector- Residential, Commercial & SEZ and Corporate - is growing at a significant rate of approximately 10 to 15 % p. a. The GDP contribution of construction sector is estimated to grow at a CAGR of 9.5% to 10% till 2022 in real terms. This bodes well for the many millions who could find employment opportunities in this sector. If all goes well, the overall employment in the industry could grow from 36 million to over 83 million by 2022.
Investments in the real estate sector also have a positive and multiplier impact on allied industries. As per statistics, 78% of the sum spent on construction of a housing unit in India gets added back directly to the India's GDP. Thus industries such as building material cement, steel, sand, timber, architectural and interior design, and financing institutions also benefit. These are more skill driven.
The hitch is that productivity in this sector is diminishing owing to low labour quality and skills need to be upgraded for millions of workers.
The Construction Skill Development Council needs to devise industry-based curriculum, set training standards, offer vocational training and provide industry based certification.
Acknowledging the skill deficit in the country, Prime Minister Narendra Modi has created a ministry to undertake the agenda of skill development and entrepreneurship. Sarbananda Sonowal has been appointed minister of state for skill development and entrepreneurship, with the Government pledging its intent and purpose on a variety of issues.
Major objectives include strategically developing high impact domains like labour-intensive manufacturing (viz. textile, footwear, electronics assembly, etc. and Tourism), strengthening the traditional employment bases of agriculture and allied industries, and retail - through modernization as well as stronger credit and market linkages, harnessing the opportunities provided by the up gradation of infrastructure and housing, for its job generating potential, encouraging and empowering our youth for self-employment - incubating entrepreneurship as well as facilitating credit, addressing the employability issue by initiating a multi-skills development programme in mission mode. Focus will be on perennial job creation and entrepreneurship, in both rural and urban areas.
Other areas involve transforming our Employment Exchanges into Career Centres - connecting our youth with job opportunities in a transparent and effective manner through the use of technology; as well as providing counselling and training, construction Skill Development - Massive thrust on construction skill development (Skilled/ Semi skilled and Unskilled) - for employment generation - would lead to 25 million new jobs.
It is proposed to initiate 100 New Smart Cities - With doubling of urban population from 28crs (2001) to 56crs (2030), the urban land footprint presently at 4% of total land mass to be doubled - creation of 100 new smart integrated cities with latest technologies and infrastructure.
Although the construction industry employs 36 million people, second only to the agricultural sector, the incremental workforce requirement is around four million people per year over the next seven years to sustain the current growth rate. The construction industry is set to face challenges in terms of sourcing skilled manpower. The bulk of workforce at around 82.5% constitutes of unskilled labour and rest of them is skilled labour.
Strategic investment in human capital and advancement in quality can be regarded as key to building a knowledge economy. India needs to revamp its skill development strategies with a focus on industry needs and attempt to balance labour demand and supply.
Skill development will act as dynamic vehicle to pace up & accelerate productivity & entrepreneurship. We can take cognisance that PM Modi has given utmost importance and priority to the subject which can have a paradigm shift to the employment generation in India.

Niranjan Hiranandani: Indian billionaire in real estate business

Niranjan Hiranandani has achieved immense success as a real estate entrepreneur at his own stance