Telangana Minister Uttam Kumar Reddy believes the state is set for significant development and a real estate boom in Hyderabad. At CREDAI Telangana Statecon 2024, he assured ongoing government support for the construction sector and praised builders for their role in urbanization.
Reddy committed to addressing builders’ concerns, including reducing stamp duty and supporting construction in cities like Karimnagar and Warangal. He emphasized Hyderabad’s potential as a global destination and announced plans for world-class infrastructure. The establishment of a Skill University reflects the government’s commitment to the industry.
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