HYDERABAD : Union minister for urban development and parliamentary affairs M Venkaiah Naidu has urged the private sector to work in tandem with the government to enhance the image of Brand Hyderabad.
Speaking after inaugurating the 5th TREDA Property Show 2014 here on Friday, he said “The Central government is going to allow foreign investors in private sector. Hyderabad is a cosmopolitan city and all players from the government should work in coordination with the private sector to enhance Brand Hyderabad. The Central government will provide all support for speedy development of the city.”.
The three-day TREDA Propery Show will be open to a mix of populace, including prospective purchasers, businessmen, investors, architects, designers, consultants, developers, among others.
“For the real estate industry to grow, we want prices to come down and for that the economy must be strong. Today India is being considered as a strong country,” Venkaiah pointed out.
Reaffirming the Centre’s support to government of Telangana for the development of the state and Hyderabad, Venkaiah said, “Satellite townships will be established in and around Hyderabad to relieve congestion in the city. Centre will also support Telangana government with its scheme of providing 2-bedroom housing for all. It is is our vision that there must be water to every land, work to every man, food for every person and a house for everybody,” he said.
“There is a need to relax agricultural land ceiling for urban land once an area is brought under master plan and ear-marked for non-agricultural use,” he said.
The exhibition has about 180 stalls put up by many real estate developers and buildings showcasing their properties.
A conference on ‘Resurgent Hyderabad- Tomorrow Beckons’, organised jointly by the National Real Estate Development Council (NAREDCO TS), TREDA and Jones Lang LaSalle (JLL), was also held as part of the three-day property show on Friday.