Kishan Reddy Emphasizes Rapid Infrastructure Growth and 2047 Vision at NAREDCO Show
Union Minister for Coal and Mines, G Kishan Reddy, highlighted the rapid growth of India's infrastructure and real estate sectors under Prime Minister Narendra Modi's leadership at the NAREDCO Telangana Property Show.
InfrastructureReal EstateDevelopment2047 VisionNaredcoReal EstateOct 12, 2025
Reddy noted that the real estate sector is currently the fastest-growing sector in the country, supported by the Central Government's strong focus on infrastructure development. He stated, “From Hyderabad to Bombay, Nagpur, Vijayawada, Bangalore, travel has become easier with excellent national highways. Previously, when I went to America, I used to wonder, 'When will such roads come to India?' Today, under the leadership of Modi ji, our roads, railways, airways, and waterways are being developed to a world-class standard.”
Reddy highlighted ongoing greenfield expressway projects connecting major cities like Vijayawada and Nagpur. He mentioned that work is progressing rapidly and will soon become a reality once land acquisition is completed. The government's vision is clear — to make India a developed country by 2047, the centenary of its independence.
“The Prime Minister calls on every citizen and professional to contribute towards this goal. Development in all sectors is happening at a rapid pace, economic activities are increasing, employment generation is on the rise, and India has become the fourth-largest economy in the world,” Reddy said. He also stressed the government's focus on reforms, highlighting the principle of “Reform, Perform, Transform.” “No cabinet decision is taken without ensuring reforms. Every matter brought before the cabinet must include clear proposals for reform,” he added, underlining the systemic approach to India's growth.
Pointing to the economic achievements of the last decade, Reddy said, “Before 2014, India's GDP was about Rs 106 lakh crore. Today, in just eleven years, it has grown to Rs 331 lakh crore. Around 20 crore people have risen above the poverty line due to the effective measures taken by the government.” Reddy also highlighted reforms and expansion in the education and transport sectors, including the expansion of metro rail projects, new universities, skill development centres, and modernized educational infrastructure. These measures are expected to further strengthen India's growth trajectory.
Overall, Reddy's address at the NAREDCO Telangana Property Show underscored the government's commitment to transforming India into a global economic powerhouse by 2047. The focus on infrastructure, real estate, and economic reforms is expected to drive sustained growth and development across the country.
Frequently Asked Questions
What is the NAREDCO Telangana Property Show?
The NAREDCO Telangana Property Show is a three-day event organized by the National Real Estate Development Council (NAREDCO) in Telangana, aimed at showcasing and promoting real estate projects and developments in the region.
What are the key sectors highlighted by G Kishan Reddy?
G Kishan Reddy highlighted the infrastructure and real estate sectors as key areas of rapid growth under the leadership of Prime Minister Narendra Modi.
What is the government's vision for India by 2047?
The government's vision is to make India a developed country by 2047, the centenary of its independence, with a focus on rapid development in all sectors and the principle of 'Reform, Perform, Transform.'
What reforms has the government implemented in the real estate sector?
The government has implemented various reforms to support the real estate sector, including the expansion of metro rail projects, new universities, skill development centres, and modernized educational infrastructure.
How has India's GDP grown since 2014?
India's GDP has grown from Rs 106 lakh crore in 2014 to Rs 331 lakh crore in just eleven years, marking a significant economic achievement under the current government.
Related News Articles
Maharashtra Simplifies Property Registration: A Game-Changer for Homebuyers
Harsh Parikh, Partner, Khaitan & Co explains how Maharashtra's consolidation of property registration offices will benefit the real estate industry.
Maharashtra RERA Reverts to Old Website Due to Technical Glitches
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has temporarily switched back to its previous IT platform, Maha IT, after facing significant technical issues with the new system.
Rescued: Teenage Girl Kidnapped 6 Months Ago from Latur Found in Pune
A teenage girl, kidnapped six months ago from Latur, has been rescued in Pune. The kidnapper has been arrested, bringing relief to the victim's family and local authorities.
Mahindra Lifespace Developers Targets Rs 1500 Crore Fundraising - ET Realty
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, is set to raise Rs 1,500 crore to bolster its expansion plans.
Hyderabad Surpasses Mumbai with Rs 1.15 Lakh Crore in Home Sales in 2024
Hyderabad has emerged as the leading city in the real estate sector, recording Rs 1.15 lakh crore in home sales in 2024. According to the latest report by CREDAI, the North West region of Hyderabad continues to dominate the residential market, contributin
RBI Revamps Loan Exposure Limits for UCBs, Introduces 25% Cap
The Reserve Bank of India (RBI) has introduced new guidelines for Urban Cooperative Banks (UCBs), revising their loan exposure limits. The new rules cap the total exposure to housing, real estate, and commercial real estate loans at 25% of total assets, e