Urban centres to double in 25 years, helping real estate: Civil servant

With increasing urbanisation from 12 to 30 per cent, the next 20 years could see more development than in the last 50 years

Urban centres in India will double in the next 25 years as more people require facilities and residential and commercial spaces, said a senior civil servant on Tuesday.

The next 20 years could see more development than in the last 50 years, said Kuldip Narayan, joint secretary in the union ministry of housing and urban affairs, at the 16th real estate summit of Federation of Indian Chambers of Commerce & Industry (FICCI).