Business National Telangana

Major Benifits for Real estate Developers Announed KTR

Hyderabad: MAUD and IT Minister KTR announced that Telangana government will soon unveil Integrated Township Policy for all round development of Hyderabad.

This Major Initiative is to ensure Maximum growth of the State capital and to meet the challenges of urban infrastructure in the face of Fast urbanisation, the government will soon unveil an Integrated Township Policy that will offer substantial benefits and incentives to real estate developers who will Start the projects outside the Outer Ring Road (ORR).

Unveiling the State government’s proposed plan of action in this regard on Wednesday, Municipal Administration and Urban Development Minister K T Rama Rao said he had already signed the policy on Tuesday after Cabinet approval. “Its salient features will be out tomorrow.

The policy aims at decongesting the core city of Hyderabad, offering more benefits to real estate developers so that they can develop more satellite townships and counter magnets about 5 km outside the Outer Ring Road,” he said, speaking at the launch of new premises of real estate consultancy

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