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Telangana's next phase of real estate growth will depend on planned urban expansion, improved regional connectivity and infrastructure development beyond Hyderabad, Union Minister for Coal and Mines G. Kishan Reddy said at the 16th NAREDCO Telangana Property Show 2026, which concluded at HITEX Exhibition Centre on Sunday.
Addressing the valedictory ceremony, Kishan Reddy highlighted the importance of developing multiple growth centres across the state rather than concentrating economic and residential activity within Hyderabad. He said investments in roads, Metro rail, high-speed rail, drinking water and drainage infrastructure would play a crucial role in shaping the state's urban development.
He noted that India's real estate sector contributes around 7% to the country's GDP, with its share projected to increase to 13% by 2030. He also highlighted India's entry into the top 30 of the Global Real Estate Transparency Index 2026 for the first time, describing it as a reflection of improving investor confidence and transparency.
₹1 Lakh Crore Urban Challenge Fund
Highlighting the Centre's support for urban infrastructure, Kishan Reddy referred to the ₹1 lakh crore Urban Challenge Fund and more than ₹4 lakh crore in 50-year interest-free loans extended to states. These initiatives are intended to support urban redevelopment and strengthen essential infrastructure, including water supply, sanitation and drainage networks.
He described homeownership as an important emotional aspiration, providing families with security, confidence and stability. Urging developers to look beyond property transactions, he said the sector should focus on fulfilling people's aspirations through quality housing and planned communities.
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RRR to Expand Telangana's Growth Centres
Emphasising Hyderabad's expanding economic potential, the minister said the growth of Global Capability Centres (GCCs) and technology hubs was generating high-income employment and supporting housing demand.
He called for a multicentric development model that connects satellite towns and emerging economic centres through major infrastructure projects. The proposed Regional Ring Road (RRR), Hyderabad Metro Rail Phase-II, and three high-speed rail corridors were highlighted as important components of this strategy.
The proposed bullet train connectivity would link Hyderabad with Mumbai via Pune, Bengaluru and the Vijayawada–Chennai route, he said. Land acquisition discussions for the high-speed rail corridors were also underway.
Kishan Reddy stated that the proposed RRR could bring nearly 50% of Telangana's population within its influence area, potentially creating opportunities for residential, commercial and industrial development across several regions.
Housing Affordability & RERA Compliance
On affordable housing, the minister said five crore houses had been constructed under the Pradhan Mantri Awas Yojana. He also referred to GST 2.0, stating that changes had reduced construction costs by approximately 3% to 5%, or around ₹1,000 per square metre, and urged developers to pass on the benefits to homebuyers.
Highlighting regulatory compliance, he said Telangana had registered nearly 10,000 real estate projects and 4,000 agents under RERA. He stressed the importance of protecting homebuyers through transparency and adherence to regulatory requirements.
Related: ₹84,790 Crore for Hyderabad Development: Deputy CM Bhatti Vikramarka
Technology & Sustainable Construction
The minister encouraged developers to adopt emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT), data analytics and prefabricated construction to improve project execution, reduce material wastage, and enhance efficiency.
He also called for greater emphasis on sustainable development through green buildings, solar energy, rainwater harvesting, and structural safety.
Warning against large residential developments without adequate supporting infrastructure, Kishan Reddy said roads, drinking water and drainage facilities must be planned alongside housing projects. He urged developers to explore emerging growth centres such as Warangal, Mahabubnagar, Nalgonda, Nizamabad, and Karimnagar.
He further emphasised transit-oriented development, integrating residential communities, offices, commercial establishments and public transport to create more accessible urban centres.
Developers Seek Policy Support
Speaking at the event, NAREDCO Telangana President Sreedhar Reddy Koppula said rising construction material costs and the 18% GST on commercial and rental properties were increasing the financial burden on developers.
He urged the Centre to review the existing provisions and consider extending project timelines to prevent construction delays and interruptions. He also called for additional policy support to enable the real estate sector to contribute effectively to India's development vision for 2047.
The three-day NAREDCO Telangana Property Show 2026 brought together 75 developers and builders, five financial institutions and 10 allied industry participants. More than 500 projects were showcased, covering apartments, villas, plotted developments and commercial properties across different locations and price segments.
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