Tuesday, September 08
India’s urban infrastructure sector, which has already seen investments worth Rs 30 lakh crore over the past decade, is expected to attract an additional Rs 10 lakh crore in the next four years, Union Housing and Urban Affairs Secretary Srinivas Katikithala said on Friday.Speaking at the 17th annual convention of real estate body NAREDCO, Katikithala noted that India is urbanising at a rapid pace. “In the next 20 years, more than 50 per cent of the population would live in urban areas,” he said, calling this transformation both a challenge and an opportunity.The secretary urged real estate developers to align their projects with infrastructure development and to look beyond housing. “In the last one decade under the inspiring leadership of Prime Minister Narendra Modi, urban infras
