As Prime Minister Narendra Modi becomes India’s longest-serving leader, industry leaders from the real estate, infrastructure and urban development sectors have highlighted a range of policy reforms and development initiatives that they believe have influenced India’s economic and urban growth trajectory.
Stakeholders across the sectors point to initiatives such as the Real Estate (Regulation and Development) Act (RERA), Pradhan Mantri Awas Yojana (PMAY), Smart Cities Mission and sustained infrastructure investments as key measures that have contributed to transparency, connectivity and investment confidence.
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Industry representatives also noted that long-term policy continuity and a development-focused agenda have supported growth across housing, infrastructure and urban development.
Mr. Kamlesh Thakur, President, NAREDCO Maharashtra and Co-Founder & Managing Director, Srishti Group, said, “Prime Minister Narendra Modi’s achievement of becoming India’s longest-serving leader is a testament to the trust reposed in his leadership by the people of India. Over the years, his government has undertaken transformative reforms that have strengthened the country’s economic foundation and accelerated infrastructure development. For the real estate sector, landmark initiatives such as RERA, PMAY, GST reforms, and the thrust on urban infrastructure have brought greater transparency, accountability, and confidence among stakeholders. His vision of creating world-class cities, enhancing connectivity, and promoting housing for all has significantly contributed to the sector’s growth. The government’s decisive and supportive measures during the Covid-19 pandemic helped the economy and industries navigate an unprecedented crisis, demonstrating its ability to respond effectively during challenging times. As the ongoing West Asia crisis creates global economic uncertainties, the industry looks forward to a similar proactive and supportive approach from the government to safeguard growth and maintain business confidence. We congratulate him on this historic milestone and look forward to India’s continued progress under his leadership.”
Mr. Shilpin Tater, Managing Director, Superb Realty, highlighted the government’s emphasis on technology and governance reforms.
“Prime Minister Narendra Modi has played a key role in accelerating India’s transformation through technology, infrastructure, and governance reforms. His focus on innovation and future-ready development has created new opportunities across industries. We congratulate him on this remarkable achievement and look forward to India’s continued progress,” he said.
Mr. Navin Rajagopalan, Director, City Lifts India Limited, said infrastructure development has supported growth across construction and allied sectors.
“Prime Minister Narendra Modi’s focus on large-scale infrastructure development has created immense opportunities for the construction and allied industries. His commitment to improving connectivity and urban infrastructure has strengthened India’s growth trajectory. We congratulate him on becoming India’s longest-serving leader and wish him the very best for the future,” he said.
Mr. Ashish Majithia, Founder & CEO, Nextkraft Parking Technologies, pointed to developments in mobility and smart infrastructure.
“We congratulate Prime Minister Shri Narendra Modi on this significant achievement and wish him continued success. His emphasis on smart infrastructure, mobility, and technology-driven development has transformed the way Indian cities are evolving. His vision for modern urban ecosystems has encouraged innovation across sectors,” he said.
Mr. Nihar Jayesh Thakkar, Founder, The Mandate House Private Limited, said reforms and entrepreneurship-focused policies have strengthened India’s competitiveness.
“Prime Minister Narendra Modi has strengthened India’s global standing through consistent reforms, economic growth, and a focus on entrepreneurship. His vision has helped create a more competitive and business-friendly environment. This achievement underscores the continuity of a development-oriented leadership,” he said.
Mr. Dhruman Shah, Promoter, Ariha Group, said infrastructure-led development has influenced multiple sectors.
“Prime Minister Narendra Modi’s tenure has been defined by decisive governance and a strong focus on infrastructure-led growth. The rapid pace of development across transportation and urban infrastructure has positively impacted multiple sectors. We congratulate him on reaching this historic milestone,” he said.
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Industry leaders believe that reforms, infrastructure investments and urban development initiatives have contributed to the evolution of India’s real estate and infrastructure sectors, while supporting broader economic activity and long-term development goals.
