Realty Market Growth Attributed to BRS Policies

In a recent address to the Telangana Realtors Forum, BRS working president K. T. Rama Rao (KTR) credited the robust growth in Telangana’s real estate sector to the foundational policies and initiatives enacted by the previous BRS government. According to KTR, the proactive steps taken under the leadership of the former chief minister not only fuelled a surge in property rates in Hyderabad but also led to a steady appreciation in land values across the entire state. Middle-class families have increasingly invested in land assets, viewing real estate as a reliable source of wealth creation and a secure option for long-term returns. KTR expressed concern, however, over the recent downturn in the market, which he attributes to “misguided decisions” made by the current Congress-led administration over the past ten months.

Reflecting on the early days of Telangana’s formation, KTR highlighted how BRS’s strategies dispelled fears that land prices would plummet if the state achieved independence. Instead, the past decade has seen remarkable growth, with land prices now averaging Rs 15 lakh per acre, a testament to the state’s dynamic economic progress under BRS governance. He emphasised that these gains are the result of systematic planning, which not only encouraged urban growth but also stabilised rural economies by attracting investments in land across the state. The opposition’s scepticism, he noted, has been proven unfounded as the market data demonstrates the BRS’s success in uplifting Telangana’s property landscape.

KTR also pointed to the broader implications of BRS’s policies in creating a sustainable model of urban development. With an increasing population and rising infrastructure demands, the emphasis on structured land use and planned development has mitigated environmental impact. Sustainable practices in real estate, such as preserving green spaces and ensuring responsible urban sprawl, have set Telangana apart as a forward-looking region. This vision, KTR stressed, is integral to creating cities that meet economic needs while remaining liveable and environmentally conscious for future generations.

In response to the current market challenges, KTR urged for a return to policies that prioritise steady, sustainable growth in real estate. The state’s success, he argued, lies not just in increasing land prices but in fostering a resilient and diversified real estate sector that can withstand political changes and economic cycles. As Telangana’s real estate sector navigates this period of flux, he remains hopeful that with the right policies in place, the market will continue to thrive, delivering long-term benefits for both the people and the economy.