Deputy Minister Mallu Bhatti Vikramark at the 15th Convention of the National Council for the Development of Real Estate, which took place on Friday in Hitex, Hyderabad.
Representatives of the main Minister Malla Bhatti Vikramark mocked the efforts of the opposition parties to undermine the real estate sector in Hyderabad and asked if it was true why companies would buy ACR main land at 177 GBP Crore.
“In the recent government auction of land brought ACR Crore 177 Crore and shows how fast real estate in Hyderabad is rising. About 25 builders were attended and quoted up to 150 crore for acre,” said Nedco on Friday.
Mr. Vikramarka said that the government allows 10,000 crore from the budget for the development of cities every year. Over the past two years, 20,000 GBP development has been intrigued and their impact is now becoming visible. These projects transform the Hyderabad landscape itself, he said.
Recently, the approval was approved for 39 STP projects (wastewater treatment plants). Approximately 11,927 GBP is spent on sewer plants and drinking water facilities and other designs worth 13,704 GBP are considered. A total of around 25,631 GBPs are invested in improving sewerage and drinking water supply systems, he explained.
He also said that the increased corridor from Paradise Junction on the national highway is being built at the price of CRORE 1,487 GBP, he informed. Main Minister A. Revanth Reddy personally camped in Nový Delhi and convinced the Minister of Defense of the Union to allow the use of defensive land for public purposes, he added. Similarly, in Shamirpet, work was carried out to expand roads worth 3,619 crore.
However, Mr. Vikramarka recalled that builders must remember the needs of middle and lower middle class families when they design projects.
Tourism Minister Jupally Krishna Rao appealed to builders and real estate agencies to become partners in the state development of tourism, and added that Telangana was blessed by the huge travel potential in the form of dense forests, waterfalls and tiger reserves.
He also recalled that the hospitality was rooted in the TELANGANA and Hyderabad International Connectivity, associated with a strong infrastructure, real estate agencies should promote the city for investment and tourism.
Published – October 10, 2025 9:32
