Deputy CM of Telangana urges real estate sector to partner in state’s growth; emphasizes the need for affordable housing

Deputy Chief Minister Mallu Bhatti Vikramarka and Social Welfare Minister Adluri Laxman Kumar at the 16th NAREDCO Telangana Property Show 2026 in Hyderabad on Friday. | Photo credit: SIDDHANT THAKUR

Deputy Chief Minister Bhatti Vikramarka said the Telangana government has drawn up a comprehensive development plan involving ₹84,790 crore for Hyderabad and its adjoining areas to transform the city into a world-class urban hub.

Addressing the NAREDCO Telangana Property Show at HITEX here, he said proposals and tenders for projects worth nearly ₹ 55,000 crore have been initiated while several other works are in various stages of implementation. He said the government views the real estate and construction sector not only as business entities but as wealth creators and partners in the development of the state.

Explaining the proposed expenditure, he said that ₹52,706 crore has been earmarked for infrastructure development through Hyderabad Metropolitan Development Authority, Hyderabad Growth Corridor, Metro Rail and other agencies.

Another ₹15,849 crore was allocated to Hyderabad Metropolitan Water Supply and Sewerage Board, ₹4,000 crore to Greater Hyderabad Municipal Corporation, ₹2,500 crore to Malkajgiri Municipal Corporation and ₹2,163 crore to Cyberabad.

Hyderabad Road Development Corporation has been allocated ₹500 crore for road works. The government has also chalked out plans to invest nearly ₹93,000 crore in road infrastructure across Telangana.

He urged real estate developers to give equal importance to affordable housing with respect to the poor and middle class and not just focus on luxury residential projects.

On the rejuvenation project, Musi said Chief Minister A. Revanth Reddy is determined to transform the polluted river into an economic and tourism asset for Hyderabad. The first phase of the project involving works worth around ₹ 7,500 crore is gearing up for launch.

Mr. Vikramarka said that the government has introduced the HILT policy to make Hyderabad environmentally sustainable. Industries within the outer ring limits are planned for gradual relocation outside the city to reduce pollution.

Published – 30 Oct 2026 19:00 IST