Overview

• Srinivas Katikithala called on developers to partner with urban local bodies to operate utilities, transport and last‑mile services rather than focusing only on housing.
• He warned of a persistent mismatch between new projects and where networks are expanding, urging builders to pursue locations already served by roads, rail and water systems.
• Officials highlighted that about Rs 30 lakh crore was invested in urban infrastructure over the past decade versus Rs 1.78 lakh crore in 2004–2014, yet estimated limited developer participation at roughly Rs 25,000 crore.
• Compliance with the Real Estate (Regulation and Development) Act is a priority, with a recent review by the Prime Minister, a CBDT-led awareness drive, and parliamentary scrutiny underway.
• Coverage cited World Bank estimates that cities may need about $2.4 trillion by 2050 to build resilience to flooding and extreme heat, underscoring the scale of future urban financing.