Infrastructure Projects Fuel Real Estate Boom and Economic Growth: Gadkari
Union Minister Nitin Gadkari highlights how highway projects not only ease transport bottlenecks but also trigger a chain reaction of economic growth, particularly in the real estate sector.
Real EstateInfrastructureEconomic GrowthSkill DevelopmentHighwaysReal EstateNov 02, 2025
Citing the Dwarka Expressway near Delhi as an example, Gadkari said that real estate worth Rs 5 lakh crore has come up along the corridor. 'I thought my job was over once the expressway was built and congestion was eased. Later, a study revealed that property worth Rs 5 lakh crore had developed on both sides,' he said.
Gadkari was speaking at the signing of a memorandum of understanding between Nagpur Municipal Corporation (NMC), Tata Strive, and the Association for Industrial Development (AID) for establishing a major skill development centre at Punapur. He recalled how one of his projects transformed the fortunes of a struggling businessman. 'Once, on a flight, a man wearing a tie fell at my feet. He told me his company was facing insolvency proceedings before the National Company Law Tribunal (NCLT), but the construction of a single road changed everything. His business grew into a Rs 50,000-crore enterprise,' Gadkari said.
Calling it a 'chain effect,' the minister said that 'one development leads to another.' Referring to the Dwarka Expressway and Urban Extension Road (II), he said the project was initially caught in a dispute between the Haryana and Delhi governments. 'The Haryana chief minister requested that the roads be made part of the national highways. Considering the traffic, I asked officials to prepare a plan keeping 50 years in mind. The stretch now includes tunnels above an airstrip and four lanes supported on a single pillar,' he said.
On the upcoming skill development centre, Gadkari suggested that it train at least 5,000 youth from each assembly constituency, targeting 5 lakh skilled individuals in five years. 'Imagine the growth if all 5 lakh trained persons get employment. All MLAs will be told to send candidates from their constituencies,' he said. He added that similar scepticism had surrounded the Mihan project, but it eventually generated 1 lakh jobs. 'When I set targets, I ensure they are met,' Gadkari said, adding that the state government has accepted AID's policy proposal for rural and agriculture-linked training, which could open large employment avenues.
'Growth happens through employment potential, and that comes from skill development,' he said.
Frequently Asked Questions
What is the significance of the Dwarka Expressway?
The Dwarka Expressway near Delhi is significant because it has led to the development of real estate worth Rs 5 lakh crore along the corridor, demonstrating the economic impact of infrastructure projects.
How does infrastructure development boost the economy?
Infrastructure development, such as highways, not only eases transport bottlenecks but also triggers a chain reaction of economic growth, creating jobs and boosting sectors like real estate and manufacturing.
What is the role of skill development in economic growth?
Skill development plays a crucial role in economic growth by providing employment opportunities and enhancing the productivity of the workforce, leading to overall economic development.
What is the target for the skill development centre in Punapur?
The target for the skill development centre in Punapur is to train at least 5,000 youth from each assembly constituency, aiming to produce 5 lakh skilled individuals in five years.
What was the impact of the Mihan project?
The Mihan project, despite initial scepticism, generated 1 lakh jobs, highlighting the potential of such projects to create significant employment opportunities.
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