INDUSTRY
HOMETHON Property Expo 2024 all set to go green with focus on bamboo
- IBJ Bureau
- Oct 04, 2024
The National Real Estate Development Council (NAREDCO) Maharashtra, which has organised the third edition of India’s largest real estate property expo, HOMETHON Property Expo 2024, from October 4 to 6, 2024, at the JIO World Convention Centre, BKC, Mumbai, is all set to go green.
In the backdrop of HOMETHON Property Expo 2024, NAREDCO Maharashtra has announced that it would sign a Memorandum of Understanding (MoU) as a part of its Sustainable and Environment-Friendly Future Housing Initiative in the presence of Maharashtra Chief Minister Eknath Shinde on the day of the inauguration of the expo on October 4. Over 50,000 homebuyers have already shown interest through registrations to fulfil their dream of home-ownership, with this year’s pre-event registrations nearly doubling compared to that of the last two years.
As a part of this initiative, NAREDCO Maharashtra has collaborated with Phoenix Foundation Sanstha, led by Pasha Patel, a veteran agriculturist and advocate of bamboo cultivation as a climate-resilient action. Mr Patel is also the chairman of Agriculture Price Commission of Maharashtra and executive chairman of the task force appointed by the Maharashtra government under the Atal Bamboo Sumruddhi Yojana. With this collaboration, NAREDCO Maharashtra, under the guidance of Mr Patel, will spread awareness among developers for using bamboos as a climate-friendly material in housing construction projects.
Commenting on this initiative, NAREDCO Vice-Chairman Rajan Bandelkar has said: “NAREDCO Maharashtra is dedicated to creating a robust sustainable ecosystem as a trade-off between homebuyers and developers, which would have a positive impact on the climate footprint. Exploring use of bamboo, other climate-friendly material and climate-friendly actions would mark our commitment to support the net-zero initiatives at the State and the national level.”
“In order to combat climate change in the State, the real estate industry can be a major contributor, as it can promote sustainable housing by extensively using material such as bamboo as an alternative to conventional materials in construction projects, Mr Patel has pointed out.
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