The Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, today said this is a good time to buy real estate in Hyderabad as prices are reasonable and affordable for the middle class.

Speaking after inaugurating the Andhra Pradesh Real Estate Developers Association (APREDA) property show here today, Mr Reddy said bandhs and strikes have affected several sectors in the State, including real estate and IT. But people are coming out of this issue.

He assured that the Government would deal firmly with the violators of law and order and ensure that Government and private property is not affected.

Summit

Coinciding with the sixth APREDA Property Show 2011 at Hitex Exhibition Centre, a summit on ‘Vibrant Cities for a Vibrant Economy' was hosted in the the presence of industry experts.

Mr P. Premkumar, President, APREDA, said, “The show has over 190 stalls exhibiting their properties and developments from across the State. This show serves as a platform and provides an opportunity for developers to exhibit their projects and run exclusive promotions to attract prospective buyers. Visitors also get firsthand experience of meeting the leading real-estate developers, financiers, associates and interior designers at one place.” A book titled Sculpt your City which encompass 21 strategies, including green housing, traffic control and waste management, compiled with inputs provided by 100 leading companies, was released today. ICICI Bank and Huawei were the event sponsors along with Confederation of Indian Industry (CII), National Real Estate Development Council (NAREDCO), The IT and ITES Industry Association of AP (ITS AP), TIE, Amec and LIC Housing as their event partners.

Related Topics