Hyderabad's Strategic Development and Real Estate Momentum Highlighted at CREDAI Event
Deputy Chief Minister Mallu Bhatti Vikaramarka, speaking at the inaugural of the three-day CREDAI Hyderabad property show on Friday, positioned Hyderabad as one of India's fastest-growing and most investor-friendly cities. He attributed this status to strong governance, meticulously planned development, and close coordination with stakeholders across the board.
Balanced Infrastructure Development Across the City
Development is being evenly distributed throughout Hyderabad, ensuring no area is left behind. Vikaramarka detailed that this includes enhancements in the KBR Park area in central Hyderabad, the IIIT–Gachibowli and western corridors, alternative road networks in the northern parts, flyovers in the eastern city, and comprehensive road-widening projects in the southern regions.
He emphasized, "Equal focus on the core city, peripheral areas, and emerging growth corridors guarantees balanced growth in all directions."
Major Infrastructure Projects Underway
Under the Hyderabad City Innovative and Transformative Infrastructure Programme, a significant push is being made with 45 major infrastructure works and 10 road-widening projects currently in progress. The total outlay for these initiatives stands at an impressive ₹7,032 crore.
These projects are strategically designed to reduce travel time across the city, improve logistics efficiency, and enhance land values on a citywide scale, according to the deputy CM.
Real Estate Sector Shows Robust Recovery
Chief Secretary Ramakrishna Rao pointed out that the real estate sector has been central to Telangana's growth trajectory since 2014. He highlighted a notable 8% growth in the sector over the past year, marking a strong bounce back after the slowdown experienced during the Covid-19 pandemic.
Rao provided compelling data: "Stamp and registration revenues have surged from ₹3,000 crore annually in 2014 to nearly ₹15,000 crore last year, representing a five-fold increase. Approximately 70% to 80% of this growth is driven by Hyderabad and its surrounding districts."
He further noted that while property registrations have only doubled, transaction values have increased over five times, reflecting strong market appreciation and heightened investor confidence.
CREDAI Property Show Highlights Market Strength
At the property show, over 300 RERA-approved projects were showcased by more than 60 CREDAI members, underscoring the sector's vitality. N Jaideep Reddy, President of CREDAI Hyderabad, stated that Hyderabad's real estate market continues to demonstrate formidable momentum.
Reddy revealed, "In the last year alone, the city recorded the sale of over 55,000 residential units across various segments. This includes mid-range homes, premium apartments, luxury villas, and large gated communities."
He added that office space leasing has also reached record levels, reinforcing confidence in the city's ongoing economic and employment growth. Reddy emphasized, "While real estate, like any asset class, experiences cycles, it remains a tangible and dependable investment that people can see, use, and live in, offering a sense of long-term security."
Regulatory Reforms and Consumer Protection Initiatives
To modernize and streamline building regulations across Telangana, the Municipal Administration and Urban Development (MAUD) department is actively formulating a Unified Development and Building Code (UDBC). This initiative aims to harmonize and simplify processes for developers and buyers alike.
CREDAI members reported significant progress in easing approval processes, with 40 out of 55 proposal approval processes related to electrification, irrigation, mortgage, and other statutory clearances agreed to be simplified by the state department.
The association also addressed concerns about illegal pre-launch sales, which can distort prices and mislead buyers. CREDAI is working closely with the Real Estate Regulatory Authority (RERA) to curb such practices and enhance transparency in the sector.
Members urged potential buyers to engage only with verified, compliant, and credible developments to ensure security and value in their investments.
