Chief Minister Revanth Reddy today declared that despite the conflict area, those who have obtained all the necessary permissions to build houses need not fear.
He stressed that their properties will not face any problems if they can show permission to the authorities.
Revanth Reddy also said that some social media channels and WhatsApp groups are targeting the Telangana government and tarnishing the image of real estate in Hyderabad.
“We will not spare them,” he said.
X’s unofficial handle, Hyderabad Real Estate, said, “We have now received official confirmation from HYDRAA as well. Buyers can now purchase HMDA and RERA approved projects without fear! I look forward to the revival of Hyderabad,” he wrote. After these guarantees, you will acquire the property. ”
Revanth Reddy’s assurance to real estate agents and real estate companies may give a boost to the real estate sector in Hyderabad.
However, it remains to be seen how the FTL (full tank level) issue of the lake, which has become a major concern for Hyderabad real estate, will be addressed in the near future.
