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Hyderabad Real Estate: Builders Seek Clarity on Section 22-A, Approvals and Property Registrations

Hyderabad Real Estate: Builders Seek Clarity on Section 22-A, Approvals and Property Registrations

— Maram Satish Kumar
President, Greater East Zone Builders Association

“Banala Ram Reddy’s death has caused deep pain. I hope that the complete facts surrounding his death will emerge through the investigation and that justice will be done to his family. At this difficult time, it is important for construction industry associations to stand by his family and extend their support.”

At the same time, the circumstances faced by Hyderabad’s construction sector should also be discussed constructively. Following developments related to HYDRAA actions and Section 22-A, some doubts arose among property buyers for a period of time. Based on our experience in the industry, some buyers postponed their purchase decisions even in projects that had RERA registration and the required approvals from the concerned authorities. This had some impact on the pace of the market. The experience highlighted the importance of providing buyers with clear and reliable information.

We welcome the government’s recent decision aimed at facilitating the registration of eligible properties with valid approvals. If there is clarity at every stage of implementation, it will further strengthen confidence among buyers. The construction sector will extend its full cooperation towards protecting lakes and government lands. At the same time, if official information on approvals, land documents and project status is made easily accessible, buyers will be able to make decisions with greater confidence about legally compliant projects.

The construction sector supports the livelihoods of numerous families, including builders and developers, workers, engineers, suppliers and sales personnel. Timely completion of projects benefits homebuyers, helps sustain employment opportunities and generates revenue for the government. Therefore, we urge the authorities to strengthen systems that ensure timely decisions on building permissions and occupancy certificates. If the government consults construction industry associations and develops an action plan on these issues, it can produce positive results.

The responsibility of industry associations is equally important. They must listen carefully to the problems faced by their members and extend support to those in difficulty and to their families. They should bring issues backed by facts and evidence to the attention of the government and participate constructively in finding solutions.

Let us all stand by the family of Banala Ram Reddy. There is a strong need for the government, authorities and industry associations to work together to strengthen buyer confidence and protect the livelihoods of families dependent on the construction sector.”