RegNews Hyderabad: The realty sector, in spite of facing many challenges during the turbulent period of the Covid-19 pandemic, has surged forward not only in Hyderabad but also in various districts banking on the property market demand, opines new CREDAI Telangana chapter president Murali Krishna Reddy. Introducing his new executive to the media at a media conference held here, he said that that the CREDAI would be very active in enforcement of its code of conduct. It would strive for achieving the customer satisfaction and ensure that the customers get satisfaction for the money they invested in the property market.
Skill development programmes for construction workers and CREDAI members would be conducted, he said adding that the CREDAI functions within the framework of the RERA. CREDAI would strive for bringing about unity among the builders besides expanding its activities, he said. He stated increasing the number of chapters from 11 to 20 in Telangana as his objective.
CREDAI Telangana chairman Ch Ramachandra Reddy felt that the Telangana is forging ahead in all sectors of economy under the leadership of Chief Minister KCR and IT Minister KTR. Several companies from home and abroad are keen to invest in Telangana because the investment climate here is very favorable under KCR administration; he said adding that there is increased demand for property in the market. He said that the CREDAI would arrange property shows across the state to bring quality homes to the notice of the people. To encourage developers, the CREDAI plans to honor creative developers by presenting them with awards.
CREDAI secretary K Indrasena Reddy observed that the state is attracting investments in textiles, automobile and its ancillary industries, Pharma and healthcare, IT and ITES, civil aviation, food processing and other sectors. He observed that the state government has plans to implement one district –one product policy. Under the policy, the government will identify products which have good export potential and also identify viable alternatives to the imports. The government will encourage production of such goods, he said. Guaranteed development of industrial zones, extending various benefits to districts, creation of basic infrastructure, development of health care industries, creation of employment opportunities are some of the features of the policy, he elaborated.
