NAREDCO Praises Bhu Bharati and BuildNow Initiatives in Telangana
The National Real Estate Development Council (NAREDCO) Telangana has voiced strong support for the government’s Bhu Bharati and BuildNow initiatives, highlighting their potential to transform the real estate landscape in the state.
Real EstateBhu BharatiBuildnowNaredcoTelanganaReal EstateApr 24, 2025
Bhu Bharati, a groundbreaking initiative, aims to provide land documentation and transparency in land dealings. The program seeks to eliminate fraudulent land transactions and ensure that land ownership records are clear and easily accessible. This not only builds trust among buyers and sellers but also fosters a more regulated and efficient real estate market.
BuildNow, on the other hand, focuses on accelerating the construction and development processes. By streamlining approvals and reducing bureaucratic hurdles, the initiative aims to expedite project timelines and reduce costs. This is particularly beneficial for developers and investors, as it creates a more favorable business environment and encourages investment in the real estate sector.
NAREDCO Telangana, a prominent organization representing real estate developers and stakeholders in the state, has praised these initiatives for their potential to drive growth and innovation in the industry. The council believes that Bhu Bharati and BuildNow will not only enhance the transparency and efficiency of the real estate market but also attract more foreign and domestic investments.
According to the council, the implementation of these initiatives will have a ripple effect on the economy, creating jobs and boosting infrastructure development. The increased transparency and regulatory compliance will also help in building a more sustainable and equitable real estate market, benefiting all stakeholders, including homebuyers, developers, and the government.
In a recent press release, NAREDCO Telangana highlighted several key benefits of Bhu Bharati and BuildNow. These include the reduction of legal disputes, faster project completions, and improved overall economic performance. The council also emphasized the importance of ongoing collaboration between the government and the real estate industry to ensure the success of these initiatives.
The state government's commitment to modernizing the real estate sector through technology and policy reforms has been widely recognized. NAREDCO Telangana commended the government's efforts to prioritize transparency and efficiency, which are crucial for the long-term growth and stability of the real estate market.
As the real estate sector continues to evolve, initiatives like Bhu Bharati and BuildNow are expected to play a pivotal role in shaping the future of the industry. NAREDCO Telangana remains committed to supporting these programs and working closely with the government to achieve their goals and create a more robust and sustainable real estate market in Telangana.
In conclusion, the support from NAREDCO Telangana for Bhu Bharati and BuildNow underscores the potential of these initiatives to transform the real estate landscape in the state. By fostering transparency, efficiency, and sustainability, these programs are poised to create a more dynamic and prosperous real estate market in Telangana.
Frequently Asked Questions
What is Bhu Bharati?
Bhu Bharati is a government initiative in Telangana aimed at providing transparent and accurate land documentation. It seeks to eliminate fraudulent land transactions and ensure clear land ownership records.
What is BuildNow?
BuildNow is a government initiative in Telangana designed to accelerate the construction and development processes. It focuses on streamlining approvals and reducing bureaucratic hurdles to expedite project timelines and reduce costs.
What is NAREDCO Telangana?
NAREDCO Telangana is the National Real Estate Development Council's branch in Telangana, representing real estate developers and stakeholders. It plays a crucial role in advocating for the interests of the real estate industry in the state.
How do Bhu Bharati and BuildNow benefit the real estate market in Telangana?
These initiatives enhance transparency, reduce legal disputes, and expedite project completions, leading to a more efficient and sustainable real estate market. They also attract investments and create jobs, boosting the overall economy.
Why is NAREDCO Telangana supporting these initiatives?
NAREDCO Telangana supports Bhu Bharati and BuildNow because these programs align with their goals of promoting a more regulated and efficient real estate market. They believe these initiatives will drive growth and innovation in the industry.
Related News Articles
Godrej Properties Leases 11-Acre Land in Pune for Ambitious Rs 1800 Crore Project
Godrej Properties has acquired an 11-acre land parcel in Hinjewadi, Pune, to develop a project worth Rs 1,800 crore, featuring group housing and high-street retail.
Ayodhya's Real Estate Boom: Fractional Ownership Platform Closes ₹10.40 Crore Land Deal
The Indian fractional ownership market is taking a leap forward, making high-value real estate accessible to a broader audience through fractional ownership and property tokenization.
Government Proposes LTCG Tax Amendment for Real Estate Transactions
The government has moved an amendment to the Finance Bill 2024, allowing taxpayers to choose between a 12.5% LTCG tax rate without indexation or a 20% rate with indexation for properties acquired before July 23, 2024.
SEBI Chief Madhabi Buch Faces Congress Ire Over Alleged Conflict of Interest
Congress accuses SEBI chairperson Madhabi Puri Buch of running her consultancy firm while in office, sparking conflict of interest concerns. Mahindra Group defends Buch's husband, Dhaval Buch, over payments received.
Analysts Question Dharma Productions' Valuation: One Movie Could Tip the Scales
After Adar Poonawalla's Serene Productions acquired a 50% stake in Dharma Productions, a prominent name in Bollywood, industry analysts are raising questions about its valuation. The recent financial performance of Dharma Productions has been under scruti
LTSU Takes a Leap with RESEED: Redefining Real Estate Education
Lamrin Tech Skills University (LTSU) recently celebrated the first convocation of its groundbreaking RESEED program, ensuring 100% placement for graduates in the real estate sector.