Telangana CM inaugurates CREDAI Hyderabad expo CREDAI Hyderabad Property Show 2014 was inaugurated by the Chief Minister of Telangana State K Chandrashekar Rao – along with the Guest of Honor Md. Mohamood Ali, Deputy Chief Minister and Nayani Narshimha Reddy , Home Minister Government of Telangana State, other ministers, in the presence of CREDAI senior leadership team comprising of C Shekar Reddy- president, CREDAI National, N. Jaiveer Reddy-president, CREDAI Hyderabad, S. Ram Reddy, general secretary CREDAI Hyderabad and a large number of developers, stakeholders and industry members. CREDAI Hyderabad Property Show which will be open till 31st August 2014 has the participation from over 150 developers and financial institutions, building materials manufactures , suppliers and other stakeholders. The home buyers will get a wonderful opportunity to find out the best projects on offer in the city under one roof. CREDAI believes that the Hyderabad Real Estate is poised to grow further and the outlook is highly positive. The city of Hyderabad, which has better infrastructure comparable to other metros, offers residential properties at a much lower price. With the new government under the progressive leadership of K. Chandrashekar Rao, CREDAI is confident that “Brand Hyderabad” will emerge as the leading destination for the real estate investments in the future. Welcoming the dignitaries S Ram Reddy General Secretary CREDAI Hyderabad said “The development plans outlined by the government under the leadership of Chief Minister , K Chandrashekar Rao will put Telangana on a fast pace growth and fuel development. We share your vision to make Hyderabad a Global smart city and bring forth a 5 pronged strategy to make it a reality. The development of physical infrastructure is the key. The removal of the roadblocks like DAGDA stamp duty, VAT of real estate, Seignorage charges, nala- abolition, city level impact and high electricity charges will facilitate growth. Developing transparent market friendly single window concept will give a major boost to real estate and infrastructure at local level. Grid planning and improving the accessibility to ORR and a clarity on growth corridor along ORR will help stimulate development and last but not the least the need to improve the image of Hyderabad with the financial institutions to improve credit availability to fuel growth. Speaking about the CREDAI Hyderabad Property Show, N Jaiveer Reddy, president CREDAI Hyderabad said, “We thank K. Chandrashekar Rao Chief Minister of Telangana State for inaugurating the 1st CREDAI Hyderabad Property Show in Telangana. The property show is displaying more than 350 projects comprising of apartments, gated communities, villas and row houses available to the home buyers across the twin cities. The present property market is stable and is showing signs of improvement. The twin cities of Hyderabad & Secundrabad offer the world class infrastructure and amenities to the consumers. The Hyderabad property show is poised to further accelerate the market and will provide the best real estate options to the consumers. We strongly believe that this is the right time to purchase property as the prices are going to increase in the near future. ”
Posted on: Mon, 01 Sep 2014 05:55:47 +0000
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