Indian social housing

There is a lot of talk about smart cities. To be able to convert our homes and cities into decidedly more avant-garde concepts. But this modality focused on intelligent renewal does not materialize only and exclusively in areas already clearly developed. Developing countries are also adopting this new inclination towards territorial redevelopment. Well, today we are going to analyze a nation that appears to be very backward, but which is embracing an all-European project in terms of real estate.

We are talking about India and the smart social housing project. In fact, a project aimed at building about a thousand affordable homes in an Indian city of over six million inhabitants has been approved and is being implemented. The lucky location is Pune in western India. What does this project involve?

This is a new territorial redevelopment, declined through a combined urban planning project. On the one hand, a modern design will be applied, on the other, a network of sustainable solutions in environmental, social and economic terms will be adopted. Services aimed at improving the quality of life, with zero impact on the ecosystem through the help of ICT (information and Communication Technologies).

But how will all these services be managed? And that's where the fun comes. Everything will be managed and monitored by a simple and intuitive application: the Planet App. This digitalized platform, and above all free, guarantees constant monitoring of consumption, and direct access to services dedicated to people, such as sharing.

But why is that of Pune such an innovative project for real estate? Because it is one of the first activities that will allow this continent to have a decidedly more open and innovative perspective than the real estate concept (backlog in India).

In India, in fact, the excessive demographic dynamism has caused an important housing deficit, quantifiable with a physical need of about 27 million affordable housing (to be reached by 2030).

To achieve this goal, thirty other projects, currently in the pipeline, will always come to the aid of social housing.

A truly ambitious project, which will use well-known and renowned investors who will increase and invest in this redevelopment plan. There is no real concrete certainty if the times mentioned above will then be respected.
What is certain is that, in such a critical period as the one we are currently experiencing, such an alternative solution can really be a turning point both for local real estate, but also for a country that needs at all costs to improve its economy, in order not to remain the tail light of other nations.

So, we invite you as always, to stay tuned on our portal, where we will upload daily updates on the world situation related to real estate!

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