How Will the Real Estate Sector Impact Viksit Gujarat for Viksit Bharat? - CM Bhupendra Patel

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How Will the Real Estate Sector Impact Viksit Gujarat for Viksit Bharat? - CM Bhupendra Patel

Synopsis

Discover how Gujarat's real estate sector is set to play a pivotal role in the state's development under Chief Minister Bhupendra Patel's vision of 'Viksit Gujarat for a Viksit Bharat.' The Property Fest showcased significant projects and highlighted the importance of real estate in driving economic growth and creating jobs.

Key Takeaways

  • Real estate is crucial for Gujarat's development.
  • Gujarat has secured the Commonwealth Games 2030.
  • Initiatives like GIFT City are driving growth.
  • Property Fest highlights investment opportunities.
  • Real estate contributes to urbanization and job creation.

Ahmedabad, Dec 21 (NationPress) The Chief Minister of Gujarat, Bhupendra Patel, attended the Property Fest held by NAREDCO Gujarat in Ognaj, highlighting the increasingly important role the real estate sector plays in the state's development trajectory.

This three-day event, hosted by the National Real Estate Development Council (NAREDCO), has gathered over 40 real estate companies from both Ahmedabad and Gandhinagar, presenting a diverse array of residential, commercial, and urban development projects.

While addressing the importance of such events, the Chief Minister remarked that with Ahmedabad being awarded the Commonwealth Games 2030 hosting rights, initiatives like the Property Fest will pave the way for the development of parallel infrastructure and real estate.

He pointed out that landmark initiatives such as GIFT City, the Dholera Special Investment Region (SIR), and the expanding metro rail system have already triggered remarkable growth in both the real estate and infrastructure sectors throughout Gujarat.

Underlining the vision of ‘Viksit Gujarat for a Viksit Bharat’, Patel asserted that the real estate sector will be instrumental in realizing this vision through contributions to organized urbanization, economic activity, and job creation.

During his visit, the Chief Minister explored various booths established by prominent real estate firms and obtained comprehensive insights into modern construction methodologies and forthcoming urban development initiatives.

The NAREDCO Gujarat Property Fest, which commenced on December 19, features exhibits from 41 real estate firms. Over the three-day period, the event has seen enthusiastic engagement from investors, homebuyers, and property aficionados.

Present at the event were NAREDCO Gujarat's Chairman Suresh Patel, President Yogesh Bhavsar, Secretary Deepak Patel, along with numerous stakeholders from the real estate industry and a large turnout of visitors.

Gujarat has established itself as a frontrunner in India's infrastructure development, characterized by a robust emphasis on connectivity, industrial expansion, and urban planning.

Major projects like GIFT City, the Dholera Special Investment Region, extensive metro rail networks in Ahmedabad and Gandhinagar, and world-class expressways have significantly bolstered the state's economic framework.

The enhancement of ports, logistics hubs, and industrial corridors has fortified Gujarat's reputation as a premier manufacturing and investment locale, while smart city initiatives and sustainable urban infrastructure have elevated the living standards. Supported by consistent policy backing and timely implementation, Gujarat's infrastructure growth remains crucial in attracting investment and propelling overall development.

Point of View

It is evident that Gujarat is strategically positioning itself as a leader in infrastructure and real estate development. The initiatives presented during the Property Fest reflect a clear commitment to sustainable growth and urban planning that aligns with national objectives.
NationPress
21/12/2025

Frequently Asked Questions

What is the Property Fest in Gujarat?
The Property Fest is an event organized by NAREDCO Gujarat to showcase various real estate projects and encourage investment in the region.
Who attended the Property Fest?
Gujarat's Chief Minister Bhupendra Patel, along with numerous stakeholders from the real estate sector, attended the event.
What initiatives were highlighted at the fest?
The Chief Minister highlighted major initiatives such as GIFT City and the Dholera Special Investment Region as key drivers of growth.
When did the Property Fest take place?
The Property Fest commenced on December 19 and lasted for three days.
What is the importance of the real estate sector in Gujarat?
The real estate sector plays a vital role in urbanization, economic growth, and job creation, which are essential for achieving the vision of 'Viksit Gujarat for a Viksit Bharat.'
Nation Press