Real Estate’s Role in Climate Action
The Minister highlighted the real estate sector’s significant impact on energy consumption, water use, waste generation, air quality, and urban heat. He stressed that achieving India’s Net Zero 2070 target depends heavily on sustainable construction practices and climate-resilient city planning. Urban layouts, heat-adaptive materials, green cover, and sustainable mobility solutions, he added, are essential for future-ready cities.
Shri Yadav urged industry stakeholders to adopt energy-efficient designs, renewable energy, water-positive developments, circular construction practices, and green buildings. “Sustainability is no longer optional; it is the foundation of resilient, inclusive cities that serve citizens for decades,” he remarked.
Government Reforms for Environmental Governance
The Minister outlined reforms by the Ministry of Environment, Forest and Climate Change to modernize environmental governance. These include enhanced environmental clearance mechanisms, risk-based regulatory approaches, promotion of digital systems, and initiatives like Mission LiFE and the Green Credit Programme. He also emphasized strengthening urban air and water quality frameworks to safeguard public health.
Assuring developers, Shri Yadav stated that compliance will be rewarded while violations are addressed firmly. He highlighted that ease of doing business must coexist with strong environmental safeguards, ensuring timely approvals without compromising environmental standards.
Collaboration for Sustainable Cities
Shri Yadav commended CREDAI for its engagement and encouraged real estate associations to actively partner with the government in promoting sustainable practices. He reaffirmed the Government’s commitment to collaborative governance, regulatory reforms, and technology-driven solutions to ensure Indian cities are inclusive, resilient, and in harmony with nature.
He concluded that long-term value creation for cities and citizens depends on aligning urban development with climate-resilient and green building practices, ensuring India’s cities meet the challenges of climate change while enhancing quality of life.
