Summit to Shed Light on Infrastructure and Affordable Property in India

There is transformation just around the corner for property in India as a number of high-powered cabinet ministers alongside top honchos of the corporate sector have agreed to come together and build a roadmap to achieve the countries infrastructure targets.  The aim is to speed up the development of highways, ports, housing, smart cities, and railways in India.  

The Summits Participants

The panel will consist of Venkaiah Naidu, Nitin Gadkari, and Suresh Prabhu who will all interact with leading industrialists such as Hindustan Construction Companies Chairman Ajit Gulabchand, Chairman of Punj Lloyds Atul Punj, CEO of Adani Ports Karan Adani, and the Managing Director of Dalmia Bharat Group Puneet Dalmia to build a roadmap for major infrastructure projects. Discussions will be held on affordable real estate in India as well.  

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On the panel alongside these leading politicians and industrialists will be luminaries of the financial sector such as Shikha Sharma head of Axis Bank, Anita George who is the South Asia Chief for CDPQ, and Anoop Kumar Mittal who is the Chairman of NBCC. Chief Executives of other top corporates will also interact on the summit alongside the names mentioned above.

The Importance of Infrastructure

One of the priorities of the Modi Government is to develop the infrastructure of the country. This intent has been made plain by the government when it declared that it wants to provide housing for all and create “Smart Cities”.  The investment in the projects mentioned above will create a huge demand in the country at a time when India is trying to attract a great deal of private investment. Housing for all within the next five years is formidable project and realestate in India will be completely transformed if this goal is attained.

The Next Steps

Venkaiah Naidu minister for urban development, housing and urban poverty alleviation is expected to share his views on upcoming infrastructure projects in a session termed “Building Smartly”. Many other business leaders are expected to be a part of the panel in the “Building Smartly” session.    

Nitin Gadkari the minister for road transport, highways, and shipping is expected to face a panel consisting of Karan Adani, Puneet Dalmia, Ajit Gulabchand, and Anoop Mittal. Suresh Prabhu will host a session on “Innovative Infrastructure” and will face a panel consisting of Shikha Sharma, Anita George, Martin Kreignar (Head India and South East Asia LafargeHolcim) and Rajeev Jyoti who is the CEO Railways at Larson & Toubro. Among discussions on Infrastructure shall be discussions on the future of real estate in India.