Urban Infrastructure Has Potential to Receive ₹10 Lakh Cr Investment in Coming Years

New Delhi, August 29, 2025: The urban sector is expected to witness an investment of around INR 10 lakh crore in the coming years for creating infrastructure. According to Srinivas Katikithala, Secretary, Ministry of housing and urban affairs, housing would be one of the key components of this investment.

He urged the infrastructure industry on Friday to contribute proactively. “The ministry of housing and urban affairs is at the centre of policymakers’ focus, including the top political leadership of the country,” he said at the NAREDCO 17th National Convention “India Builds: Reimagining Growth through Real Estate and Infrastructure”.

Katikithala highlighted that urban infrastructure, including housing, remains a top priority for Prime Minister Narendra Modi, who continuously monitors the sector’s progress.

He pointed out that nearly INR 30 lakh crore worth of investment has been made in urban infrastructure over the last decade, ensuring India’s accelerated growth trajectory. He called upon participants from the infrastructure sector to partner with government agencies and institutions to take this momentum forward.

Katikithala also indicated that necessary reforms will be introduced to further strengthen RERA in multiple states so that housing projects, particularly in the affordable housing segment, do not suffer delays due to registration issues.

Virtually addressing the convention, Tokhan Sahu, Minister of state for housing and urban affairs, said that the infrastructure sector has been growing at a fast pace under the leadership of Modi, who is committed to ensuring its continued growth and contribution to the national economy. He also emphasised that the extension of RERA should be designed to create a “win-win” scenario for all stakeholders while meeting the government’s objectives.

Sudhansh Pant, chief secretary, Rajasthan government, shared that nearly INR 25,000 crore worth of infrastructure projects have been grounded in the last seven to eight months in the state. He expressed confidence that projects worth INR 1 lakh crore would be grounded well before 2026, and invited industry stakeholders to explore Rajasthan as a destination for infrastructure investment.

G Hari Babu, President, NAREDCO, appreciated the government’s efforts to strengthen the housing and infrastructure sectors, describing them as the twin engines of growth.

However, he highlighted the need to multiply project registrations under RERA to accelerate housing momentum. He pointed out that in Delhi, only 123 projects were registered recently under RERA compared to nearly 5,000 in Tamil Nadu and about 6,000 in Maharashtra.

Niranjan Hiranandani, Chairman, NAREDCO, while felicitating senior government officials and policymakers, noted that the housing and infrastructure sectors have benefited from a proactive government approach in recent years. He urged the government to continue with forward-looking policies so that the objectives of various housing and infrastructure schemes are achieved effectively.