The show was a huge success with
industry and political leaders stressing the need for building “Brand
Hyderabad” and focus on building related infrastructure
Hyderabad, June 29th 2014: The
state of Telangana and the residual Seemandhra has finally revived from years
of political and economic turmoil. This year marks the age of transformation
and planned development in both the states. On the event of Gruhapravesham- the
1st Property Show post bifurcation, Hyderabad realty sector has shown signs of
positivity and revival with active participation of top builders and buyers
alike. Supporting this exciting venture, Honourable Cabinet Minister for IT and
Panchayat Raj, Shri. K T Rama Rao inaugurated the property show.
Speaking on the occasion C Shekar
Reddy, CREDAI National President said "Hyderabad is a global city with
unmatched infrastructure, climate, culture and availability of skilled
manpower. Now that the state has been bifurcated and TRS (Telangana Rashtra
Samithi) voted to power with a thumping majority, the work has begun under the
leadership of Shri. K Chandrasekhar Rao towards shaping a brighter future for
the state with Hyderabad being the pivot for development. The government is
planning to introduce a single window approval for projects and will announce a
new industrial policy with a package of incentives to boost the industrial
growth in Telangana, which will make Hyderabad a destination for investments.
With the platform set for growth, I complement IndiaProperty.com for organizing
this property show to provide the buyers in Hyderabad a great platform to
evaluate the best properties from a large number developers in the city and
choosing their perfect dream home while making the most of the current low
price of property in Hyderabad."
Speaking on the occasion Mr. K T
Rama Rao Honourable Cabinet Minister for IT and Panchayat Raj said “The
Telangana government is pro Industry and is working towards enhancing the image
of Brand Hyderabad. The government aims to promote the existing industries like
IT, Pharma and Biotechnology, education besides making it a hub for aerospace,
poultry and other industries. We are
keen on introducing a plan to make an extended outer ring road connecting
Bhongir etc. with radial roads to the existing ORR and use the extended region
to develop industrial clusters to boost growth and job creation. We are keen on
introducing smart policing with use of latest technology to improve the law and
order situation in the city. "
Shri. K.T. Rama Rao, welcomed the
Industry bodies and urged Mr. C Shekar Reddy and team CREDAI to work with the
government and share their wishlist to help boost the growth of the sector. He
further added that “Indiaproperty.com’s property show Gruhapravesham is the 1st
property show being conducted after the new government has been formed in the
new state of Telangana. He stated the tough scenario
in real estate industry should be viewed as stepping stone. The land
cost of Hyderabad is 1/3 of Bangalore and 1/2 of Chennai, making Hyderabad
affordable for investors and advised the people to purchase the property in
Hyderabad now as the prices are very low in spite of the futuristic
infrastructure, as the price advantage would not stay for very long.”
Ganesh Vasudevan, CEO
IndiaProperty.com, further adds, “Being the 1st show post bifurcation, we have
received tremendous response from buyers. Builders participating in the event
have showcased nearly 200+ new projects in different budget ranges catering to
a wide range of home buyers. Gruhapravesham 2014 will set new standards in the
realty sector and facilitate active home buying in the previously dormant
industry.”
About IndiaProperty.com
India Property Online Pvt. Ltd.
is country’s leading portal in the online real estate space. Launched in 2006,
IndiaProperty.com offers one-stop property marketing solutions serving builders, real
estate agents and home owners to sell or rent their properties, while
offering a feature rich interface for property buyers to search and identify
properties that match their requirement. India Property has pioneered several
innovations such as Assisted Property -India's first online assisted property
search service, Gruhapravesh - India's first series of virtual and offline
property shows and India's first augmented reality based Real Estate Mobile
Application amongst others. The portal receives over 1.2 million unique
visitors a month, has 4.5 lakh properties listed across 20 cities, 3 million
active registered users and over 1000 new projects advertised.