Winning CWG 2030 Bid: A Boon for Gujarat's Real Estate Sector
Gandhinagar: Speaking at a property fest organised by NAREDCO at Ognaj on Sunday, Chief Minister Bhupendra Patel emphasized that the state's bid to host the Commonwealth Games (CWG) 2030 will create substantial opportunities for growth in the real estate sector.
Quoting the CM, an official statement noted that with ongoing projects like the Gujarat International Finance Tec-City (GIFT City), Dholera Special Investment Region (SIR), and the metro rail, Gujarat has already seen unprecedented progress in the real estate and infrastructure sectors. Patel added that these developments will play a crucial role in achieving the goal of a developed India.
The property fest, organized by the National Real Estate Development Council, saw the participation of over 40 real estate groups from Ahmedabad and Gandhinagar. The event provided a platform for developers to showcase their projects and discuss the future prospects of the real estate market in Gujarat.
The CWG 2030 bid, if successful, will not only boost the state's international profile but also attract significant investments in infrastructure and real estate. The games require the construction of world-class sports facilities, accommodation for athletes, and improved transportation networks. These developments will have a ripple effect on the local economy, creating jobs and stimulating business growth.
Gujarat's real estate sector has been on an upward trajectory, driven by government initiatives and private investments. The state's strategic location, robust industrial base, and favorable business environment have made it an attractive destination for both domestic and international investors. The CWG 2030 bid is expected to further accelerate this growth, making Gujarat a hub for real estate and infrastructure development.
The Chief Minister also highlighted the importance of sustainable and inclusive growth. He emphasized that while the focus will be on large-scale projects, efforts will be made to ensure that the benefits of development reach all sections of society. This includes affordable housing, improved public services, and better quality of life for residents.
In conclusion, the CWG 2030 bid represents a golden opportunity for Gujarat to showcase its potential and attract global attention. The real estate and infrastructure sectors stand to gain the most, with the potential to create thousands of jobs and drive economic growth. The state government is committed to leveraging this opportunity to build a more prosperous and developed Gujarat.
NAREDCO, the National Real Estate Development Council, is a leading organization in the real estate sector, dedicated to promoting sustainable and inclusive growth. The council brings together developers, investors, and policymakers to foster a conducive environment for real estate development. The property fest organized by NAREDCO at Ognaj is a testament to the council's commitment to advancing the real estate sector in Gujarat.
