Andhra Pradesh's Rapid Progress Attracts Telangana Investors
Former Telangana minister Ch. Malla Reddy praises Andhra Pradesh's development and notes the shift in real estate investments from Telangana to AP.
Andhra PradeshTelanganaReal EstateDevelopmentInvestmentReal EstateSep 09, 2025
The former minister emphasized the substantial funds allocated by Prime Minister Narendra Modi for development projects in Andhra Pradesh. This financial support has played a crucial role in accelerating the state's growth and infrastructure development.
Malla Reddy contrasted Andhra Pradesh's progress with Telangana's current situation. He noted that under the leadership of K. Chandrasekhar Rao and the Bharat Rashtra Samithi, Telangana experienced unprecedented growth over the past decade. He praised K.T. Rama Rao for attracting multinational companies to Hyderabad, significantly boosting the city's economy.
However, the MLA pointed out that the real estate sector in Telangana is currently facing challenges. 'Earlier, people used to sell properties in Andhra Pradesh and move to Hyderabad. But now, the trend has reversed. Telangana residents are investing in properties and businesses in Andhra Pradesh,' he stated. This shift indicates a growing confidence in Andhra Pradesh's economic stability and potential.
Malla Reddy remained optimistic about the future of Telangana. He maintained that once KCR returns to power, the state will see a return to its former glory. 'The good old days will be back in Telangana,' he asserted.
The contrast between the two states underscores the importance of effective governance and strategic economic planning. Andhra Pradesh's success in attracting investments and fostering development serves as a model for other states looking to enhance their economic prospects.
Frequently Asked Questions
Who is Ch. Malla Reddy?
Ch. Malla Reddy is a former minister from Telangana and currently serves as the MLA for Medchal. He has been a prominent figure in Telangana's political landscape.
What did Ch. Malla Reddy praise about Andhra Pradesh?
Ch. Malla Reddy praised Andhra Pradesh's rapid development under Chief Minister Nara Chandrababu Naidu, highlighting the significant funds allocated by Prime Minister Narendra Modi for development projects in the state.
What challenges is the real estate sector in Telangana facing?
The real estate sector in Telangana is currently facing challenges, leading to a trend where residents are now investing in properties and businesses in Andhra Pradesh instead.
What did Malla Reddy say about K.T. Rama Rao's contribution to Hyderabad?
Malla Reddy praised K.T. Rama Rao for attracting multinational companies to Hyderabad, which has significantly boosted the city's economy.
What does Malla Reddy believe will happen if KCR returns to power in Telangana?
Malla Reddy believes that if KCR returns to power, Telangana will see a return to its former glory, with the good old days coming back to the state.
Related News Articles
Boosting India's Housing Market: Developers Seek Tax Incentives and Industry Status in Budget 2024
The Indian housing sector is looking forward to the Union Budget 2024, expecting tax reliefs and other sentiment boosters to stimulate growth in the market.
Kalpataru Ltd Set to Enter Nagpur Real Estate Market with Plotted Development Project
Mumbai-based Kalpataru Ltd plans to launch a plotted development project in Nagpur, marking its entry into the city's real estate market. The project will be spread across 37 acres and will have 400 plots of sizes 1,200 to 4,000 sq ft range.
Hong Kong Halts Commercial Land Sales for Seventh Consecutive Quarter
Hong Kong's government has announced that it will not sell any commercial land in the quarter from October to December, citing low demand and high office vacancy rates.
Homebuyers Forum Claims RERA Act Falls Short of Objectives, Urges Consumer Affairs Ministry for Action
A forum representing homebuyers in Maharashtra claims that the Real Estate (Regulation and Development) Act, 2016, has failed to meet its objectives. The forum is now urging the Union Consumer Affairs Ministry to issue specific guidelines to protect consu
Ahmedabad Shines with Top Rental Yields in India
Ahmedabad leads the pack with the highest rental yields in India, clocking in at 3.9%, according to a recent report by Magicbricks. Other cities like Hyderabad, Kolkata, and Pune are also seeing significant increases in rental returns.
Incuspaze Expands with Major Leasing Deal in Gurugram's Thriving Real Estate Market
Incuspaze, a prominent player in the commercial real estate sector, has announced a significant leasing deal in Gurugram, marking a major expansion in one of India’s most booming real estate markets. This move underscores the growing demand for quality of