The Confederation of Real Estate Developers’ Associations of India (Credai) Hyderabad organised a real estate summit in association with Telangana Real Estate Developers’ Association, Telangana Builders Federation (TBF) and Telangana Developers Association (TDA).
Telangana Minister KT Rama Rao was the Chief Guest at the summit, which was attended by well-known developers from the state.
Research Agency CBRE conducted a session on Alternate Asset Class – Warehouse, Data Centers, Retail, Co-Living and Co-Working, Retirement Homes. Knight Frank shared insights on the trends in the Residential Market in the city and JLL conducted a session on Capital Market & Office Space- Six Years Growth of Hyderabad, Influencing Factors and the Outlook for the future.
The industry players reviewed the initiatives and progress made by the sector and also gathered inputs on the way forward to propel the growth for this sector in the future.
Speaking at the occasion, P Ramakrishna Rao, President, Credai Hyderabad said, “We are thankful to the Chief Minister Shri K Chandrashekar Rao and his team for the series of reforms to streamline the approval and operational processes, facilitating the ease of doing business for the real estate sector.”
Ch. Ramchandra Reddy, President, Credai Telangana, said, “Telangana has achieved global prominence as a site for largest establishments for housing, commercials, office spaces, MNCs and a vibrant and rapidly growing local entrepreneurship ecosystem driving the growth and job creation in the state.”
GV Rao, President of the Telangana Developers Association, said “The real estate sector is continuously growing and with the Telangana Government’s growth initiatives and policies, we have established Telangana as a destination for investments.”
R Chalapathi Rao, President, TREDA, added: “Telangana’s real estate sector is at an inflection point with the new policies, emerging trends and various initiatives in the sector.”