The Andhra Pradesh Government will take all steps to ensure that Hyderabad’s real estate industry bounces back to normalcy soon, said Chief Minister N Kiran Kumar Reddy.
Hyderabad realtors are expecting the government to announce a revision in the mandatory quota for low income groups and the poor pegged at 20 per cent for big plots now that the by-polls are over.
Hyderabad continues to be a favoured destination for investments due to its unique infrastructure, and real estate prospects are promising despite the Telangana agitation.
Track2Realty: Andhra Pradesh may become the first state to grant much-demanded single window clearance to realty projects. Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has said his government will further simplify procedures and extend incentives to the real state sector if they ensure self-regulation and pass on benefits to consumers.