Real Estate Sector Key to Building a Developed India by 2047: CM Bhupendra Patel
Chief Minister Bhupendra Patel on Friday highlighted the crucial role the real estate sector will play in realizing Prime Minister Narendra Modi’s vision of a developed India by 2047. Speaking at the National Conclave of the Confederation of Real Estate Developers’ Associations of India (CREDAI) in Delhi, Patel called upon developers to closely align with the Centre and state governments to achieve this ambitious goal.
Addressing the conclave, Patel referred to the Prime Minister’s Housing for All initiative and urged the real estate industry to make significant contributions to inclusive and sustainable urban development. He emphasized that real estate development is not just about constructing buildings but creating spaces where family aspirations take shape, businesses expand, and livelihoods are created.
Patel encouraged developers to build homes that are rooted in Indian ethos, adopting indigenous designs supported by global technology. He stressed the importance of reflecting the spirit of ‘Made in India’ while preserving the country’s heritage and values. This approach, he said, would ensure that the real estate sector plays a key role in the nation’s development.
Sustainability and innovation were key themes in Patel’s address. He called for eco-friendly construction practices, the promotion of research and development, and long-term planning to manage resources effectively amid rapid urbanization. Patel noted that initiatives such as the Single Window Clearance system, digital land records, and time-bound approvals have made Gujarat an attractive destination for real estate developers.
Gujarat has been focusing on green buildings, renewable energy, water conservation, and waste management, which have further boosted its appeal for real estate investments. Patel highlighted that these efforts have made Gujarat a preferred destination for developers looking to invest in sustainable and innovative projects.
In a separate development, Chief Minister Bhupendra Patel approved the construction of a new bridge over the Sabarmati River at Rinza village in Tarapur Taluka, Anand district, for Rs 110 crore. The decision was taken after residents of Rinza, Nabhoi, Pachegam, and Dugari villages in Tarapur Taluka brought to the Chief Minister’s attention the issue of disrupted connectivity during the monsoon season due to changes in the Sabarmati River’s flow.
The new bridge is expected to significantly improve connectivity and ease the daily lives of the residents in these areas. It underscores the state government’s commitment to infrastructure development and enhancing the quality of life for its citizens.
Overall, Chief Minister Bhupendra Patel’s remarks and actions reflect a strong commitment to leveraging the real estate sector for the broader goal of national development and sustainability.