In a webinar, Rebuilding the Nation and New Avenues for Real Estate, organised by Confederation of Real Estate Developers’ Association of India (CREDAI)- MCHI and National Real Estate Development Council (NAREDCO), Sadhguru, Founder, Isha Foundation, called upon responsible builders to change the image of the real estate industry by strongly advocating for unambiguous laws.
The Indian real estate industry, employing over 5 crore labourers, is reeling under the onslaught of the COVID-19 pandemic with stalled projects and an unprecedented reverse exodus of migrants. The industry is in dire need of rejig and be prepared to cash in on the potential investment that will come its way in the near future. It is herein that the message of Sadhguru holds importance. “From being just a builder, you must become a Nation builder,” he said, encouraging the industry to “rejig itself” to leverage new investment opportunities that will come India’s way with some companies deciding to wholly or partially shut down their China operations. He reiterated that unless investment and development are spread, migration can neither be stopped nor can quality of life be offered.
Responding to the question of Dr Niranjan Hiranandani as to how cities can be rejuvenated, Sadhguru outlined his concept of ‘One Building City’. This is a vertical complex with residential blocks, office blocks, schools, healthcare and entertainment facilities contained in a single building with the land around it left free and forested. This according to him is a self-contained unit generating no waste can significantly improve living standards in villages as well as cities. When Rajeev Talwar, CEO, DLF Limited, sought to know what the relationship between environment and the realty industry would be like in the future, Sadhguru suggested that realty space and ecology must be friendly to each other. He emphasised the importance of ensuring adequate percolation of rainwater underground in cities. He suggested that if we take care of the soil, water is naturally taken care of. “Vertical buildings (with foliage around it) will make our cities liveable,” he remarked.
Sadhguru called on CREDAI and NAREDCO to examine how the realty industry can change its relationship with migrant labourers by offering them better healthcare, accommodation, livelihood security and other facilities to encourage them to return to cities.