India's Urban Infrastructure Set for Major Boost with Rs 10 Lakh Crore Investment
India’s urban infrastructure sector is poised for significant growth, with an additional investment of Rs 10 lakh crore expected over the next four years, as announced by a top government official.
Urban InfrastructureReal EstateInvestmentReraNaredcoReal EstateAug 31, 2025
The cities are expanding at an unprecedented pace, and more than half of the country’s population will be living in urban areas within the next two decades, Union Housing and Urban Affairs Secretary, Srinivas Katikithala, said while speaking at the 17th annual convention of industry body NAREDCO.
This change is both a challenge and an opportunity for the economy, according to the secretary. He emphasised that spending in the sector has increased significantly over the last ten years, with Rs 30 lakh crore invested in urban infrastructure, up from just Rs 1.78 lakh crore between 2004 and 2014.
Under Prime Minister Narendra Modi's leadership, the urban sector has attracted a lot of attention and investment over the past 10 years. Contributing to this economic activity becomes our shared duty, he said to real estate developers. Instead of waiting for connectivity to catch up to them, Katikithala advised developers to schedule their projects to coincide with future infrastructure expansion. Don't wait for infrastructure to come after us.
He pointed to significant investments in water supply, sewage systems, metro rail, roads, and railroads, saying, Let's pursue the areas where infrastructure is already going. Additionally, he emphasised how crucial private sector involvement is to providing effective urban services.
The provision of services by local bodies alone is no longer sufficient. He stated that to guarantee high-quality services, the private sector must intervene. Katikithala advocated for increased project registrations and appropriate training for registered brokers to strengthen adherence to the Real Estate (Regulation and Development) Act (RERA).
The secretary said that state chief secretaries had recently reviewed the Act's implementation with Prime Minister Modi, who instructed them to make RERA a major reform initiative. He added that the ministry is collaborating with the CBDT to educate taxpayers about RERA, and that a parliamentary panel has also taken up the matter.
Frequently Asked Questions
What is the expected additional investment in India's urban infrastructure sector?
The expected additional investment in India's urban infrastructure sector is Rs 10 lakh crore over the next four years.
Who made the announcement about the significant investment in urban infrastructure?
Union Housing and Urban Affairs Secretary, Srinivas Katikithala, made the announcement.
What is the current trend in urban population growth in India?
More than half of India's population is expected to live in urban areas within the next two decades.
What is the Real Estate (Regulation and Development) Act (RERA)?
RERA is an act that regulates the real estate sector to ensure transparency, accountability, and consumer protection.
Why is private sector involvement crucial in urban infrastructure development?
Private sector involvement is crucial for providing high-quality urban services and ensuring the efficiency and effectiveness of infrastructure projects.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of