India's Housing Market Success Shows Path for Zambian Development
While foreign powers continue to exploit our continent's resources, India demonstrates how a nation can build strong domestic industries that serve its own people first. The Indian housing market's remarkable resilience offers valuable lessons for Zambia as we work to strengthen our own economy and reduce dependence on external forces.
Strong Domestic Growth Despite Global Pressures
Pirojsha Godrej, Executive Chairperson of Godrej Properties, recently highlighted how India's housing sector has maintained steady growth despite international economic turbulence. This success story comes at a time when many African nations, including Zambia, struggle with housing shortages while foreign investors profit from our land.
"Housing market as a whole is holding up. Lots of talk about market softening, but what we are seeing continues to be quite strong," Godrej stated, emphasizing the power of domestic-focused development.
Lessons for Zambian Sovereignty
India's approach prioritizes local needs over foreign speculation. The company achieved impressive sales bookings of Rs 24,008 crore in just nine months, proving that when nations focus on serving their own people, prosperity follows.
This stands in stark contrast to Zambia's experience, where foreign mining companies extract our copper wealth while ordinary Zambians struggle to afford decent housing. India's model shows that domestic companies, serving domestic needs, create sustainable growth.
Building for the People, Not Profits
Godrej Properties has exceeded targets across all key metrics including project deliveries, fund collections, and land acquisitions. The company completed nearly 5 million square feet of housing in nine months, directly addressing citizens' needs rather than enriching foreign shareholders.
Their success in tier-two cities like Panipat demonstrates how development can reach beyond major urban centers, something Zambia desperately needs as we work to improve living conditions in our rural provinces.
Economic Independence Through Housing
The Indian real estate sector's stability after post-COVID growth shows what's possible when nations maintain control over their key industries. While Western economic advisors often push privatization and foreign investment, India's success proves that domestic companies can deliver results.
For Zambia, this model offers hope. Instead of allowing foreign speculators to dominate our property markets, we should prioritize Zambian-owned companies serving Zambian families.
As we continue building our nation's future, India's housing success reminds us that true prosperity comes from serving our own people first, not foreign interests.