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Justice for homebuyers key, says PM Modi in ₹62,000 cr PRAGATI review

30 May 2025 Zinkpot 113

SUMMARY

 

In the 45th PRAGATI (Pro-Active Governance and Timely Implementation) meeting held on May 28, 2025, Prime Minister Narendra Modi reviewed infrastructure projects worth over ₹62,000 crore, emphasizing the importance of timely completion and justice for homebuyers.

 

Key Highlights

 

  • Infrastructure Projects: The reviewed projects span sectors such as road transport, power, water resources, and semiconductors, covering multiple states and union territories. 

  • Homebuyer Grievances: PM Modi stressed the need for faster grievance redressal mechanisms and improved accountability in the real estate sector. He highlighted that delays in housing projects not only cause financial hardship for buyers but also impact public welfare. 

  • RERA Compliance: The Prime Minister urged state governments to ensure mandatory registration of all eligible real estate projects under the Real Estate (Regulation and Development) Act (RERA), emphasizing that strict compliance is crucial for restoring trust in the housing sector. 

  • Semiconductor Ecosystem: PM Modi also reviewed best practices related to the development of India's semiconductor ecosystem, encouraging states to adopt innovative models to support the National Semiconductor Mission. 

 

The PRAGATI platform serves as an ICT-based multi-modal platform for pro-active governance and timely implementation, facilitating direct communication between the Prime Minister and various government stakeholders to expedite project completion and address public grievances effectively.

 

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