CH Prabhakar Rao, President of TBF
The TBF association expressed condolences to the family of young builder Mutyala Venugopal Reddy, who resorted to suicide due to the inability to sell flats. The association conveyed its sympathy to the family in distress and assured them of support as fellow builders.
On this occasion, TBF President CH Prabhakar Rao shared that Mutyala Venugopal Reddy, from Karimnagar, had been in the real estate business for over 15 years. Recently, he had purchased a plot of land and completed nearly 80% of the construction. However, due to a lack of sales and the burden of debts, he was unable to cope and tragically took his life in one of the apartments he had built. He also mentioned that Venugopal Reddy had a 5-year-old daughter.
In such a tragic situation, he appealed for all construction associations to come forward and support the grieving family. Those who visited the family to express their condolences included TBF Vice Presidents Vidyasagar, Maram Satish Kumar, Rajireddy, Gopal, Mohan Rao, and other members.
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