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Summary of vision 20-20
By 2020, the people of India will be more numerous, better educated, healthier and
more prosperous than at any time in our long history. The compounded e ect of
achieving the targeted annual GDP growth rate of 8.5 to 9 per cent over the next 20
years would result in a quadrupling of the real per capita income and almost eliminating
the percentage of Indians living below the poverty line. This will raise India's rank from
around 11th today to 4th from the top in 2020 among 207 countries given in the World
Development Report in terms of GDP. Further, in terms of per capita GDP measured in
ppp India's rank will rise by a minimum of 53 ranks from the present 153 to 100. This will
mean, India will move from a low income country to an upper middle income country.
This is a very real possibility for us to seize upon and realize.
It is estimated the size of the real estate sector may increase 5 ve to reach to reach USD
676 billion 2025. This phenomenal growth is expected to provide strong opportunities
to global real estate stake holders as signi cant nancial support lacks in India.
According to the government Our vision of India 2020 is of a country having a welldeveloped
network of roads and railways, with adequate capacity to handle the growth
in transport demand. The volume of road tra c will multiply about ve-fold, carried on a
70,000 km network of national highways. State highways with at least two way lanes will
link most districts Creation of 100 smart cities and reducing interest rate on home loans
to ensure housing for all will be the focus of the new Urban Development and Housing
and Poverty Alleviation Minister (HUPA) Venkaiah Naidu.
Urban Development Ministry will also give priority to linking of twin cities and
infrastructure development of satellite towns and cleaning of religious cities across the
country. "Housing is a priority area and it is my passion. My priority will be to ensure
housing for all by 2020 and to reduce interest rate on home loans," Mr Naidu said in new
Delhi today after assuming charge of the ministries.
Summary Indian opportunity The Bangalore Boom
The new Bangalore
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