Hyderabad is on the cusp of becoming a prominent global real estate investment hub, according to Telangana’s Irrigation and Civil Supplies Minister, Uttam Kumar Reddy. Speaking at the Statecon 2024 conference, organised by the Confederation of Real Estate Developers’ Association of India (CREDAI) at the Hyderabad International Convention Centre (HICC), Reddy attributed this anticipated growth to the Telangana government’s relentless focus on infrastructure development.
Minister Reddy, addressing a gathering of industry leaders and stakeholders, emphasised that Hyderabad’s transformation into a major investment hub is significantly driven by the state’s robust infrastructure initiatives. “The infrastructural strides we are making are pivotal in positioning Hyderabad as a global investment destination,” Reddy stated. His comments reflect a broader strategic vision to enhance the city’s appeal to real estate investors, both domestic and international.
The Minister assured the real estate sector of unwavering support from the government. “We are committed to supporting your growth and business activities,” Reddy added, underscoring the administration’s proactive stance in fostering a conducive environment for real estate development. His remarks were aimed at reinforcing the government’s dedication to advancing the construction and real estate sectors, which are critical components of Hyderabad’s economic expansion.
The Statecon 2024 event, held at the HICC in Madhapur, highlighted the significant role of infrastructure in bolstering Hyderabad’s real estate landscape. The conference gathered industry experts, developers, and policymakers to discuss the evolving trends and opportunities in the real estate market.
As Hyderabad continues to attract substantial investment and development, the Minister’s insights signal a promising future for the city’s real estate sector. With continued governmental support and strategic infrastructure enhancements, Hyderabad is well-positioned to achieve its ambition of becoming a leading real estate investment hub.
