PS Reddy of Shilpa Estates and CMD of Muppa Group, Muppa Venkaiah Chowdary, were elected as Naredco Vice Presidents. PS Reddy, who has more than three decades of experience in Hyderabad’s construction sector, was the chairman of Apreda in the past. He has worked very hard to develop the real estate sector in Hyderabad. Especially during the tenure of the late CM YSR and CM Nallari Kirankumar Reddy, he played a key role in bringing many GOs into action. He brought various problems faced by the real sector to the attention of the then governments and worked hard to solve them.
On the other hand, city-based Muppa Group is developing residential gated communities, luxury villas, high-rise apartments, and gated ventures in various parts of Hyderabad. Muppa Venkaiah Chowdary, who has shown his uniqueness in the real sector for more than 30 years in Hyderabad, was actively involved in NAREDCO national programmes from the beginning. The real estate sector is expressing joy over the election of two vice presidents of the national-level NAREDCO association from Hyderabad.