Real estate oversight must go AI-first as urban population heads to 80 crore by 2050: MoHUA Joint Secy
New Delhi [India], February 15 (ANI): India’s real estate regulatory architecture must shift towards artificial intelligence-led oversight and machine-to-machine digital integration even as the country prepares for an unprecedented urban expansion, a senior official in the Ministry of Housing and Urban Affairs (MoHUA) said.
Addressing the National Urban & Real Estate Development Conclave organised by NAREDCO at the Yashobhoomi Convention Centre, Kuldip Narayan, Joint Secretary, MoHUA, said India’s urban population is projected to grow from around 50 crore at present to nearly 80 crore by 2047-2050, and may even exceed that level.
