Real estate developers must work closely with municipalities: Housing min official

Real estate developers should work more closely with city municipalities to create the physical infrastructure needed for their residential and commercial projects, a senior official from the ministry of housing and urban affairs has said.Addressing a real estate conference organised by industry body CII, D Thara, secretary (department of capital development) in the ministry, urged developers to assess the impact of their projects beyond their own boundaries and coordinate more closely with municipal agencies.“Every development creates an interaction with the larger urban environment, and we need to understand and mitigate the externalities that construction can create for the city,” she said, according to a CII statement.Focus on water, sewage and resource useThara asked developers to pay greater attention to critical facilities such as rainwater harvesting, water recycling and sewage treatment as part of their projects.Calling for a new public-private paradigm in urban development, she said developers should work closely with…