Telangana CM Revanth Reddy Supports Local Investors and Economic Growth
Telangana Chief Minister Revanth Reddy emphasizes his government's commitment to encouraging local investors and promoting economic growth, while cautioning real estate businessmen against political influences.
TelanganaRevanth ReddyLocal InvestorsEconomic GrowthCredaiReal EstateAug 15, 2025
He, however, warned real estate businessmen not to fall under the influence of political rivals, whom he accused of creating doubts about the government. “I chose to attend this event to dispel such misconceptions,” he added.
Reddy highlighted the state's efforts to attract international investments, stating, “We are visiting countries like the United States, Singapore, Japan, South Korea, Dubai, and also Davos (WEF) for investments and roadshows. If we are inviting investments from abroad, why would we not prioritize those of you working for the development of our country, state, and city? You come first.”
Describing himself as having a 'middle-class mentality', he claimed he does not intend to “accumulate ill-gotten wealth or transfer it abroad.”
In a veiled critique of the previous BRS government, Reddy questioned why the Hyderabad Metro project was not extended to the international airport and other areas. Responding to criticism of his frequent Delhi visits, Reddy said, “Where else would I go if not the National Capital, the seat of the Central government? A bungalow is provided to the chief minister to secure approvals for various projects, not to be used as a farmhouse or party venue.”
Reddy also cited financial reforms, noting that the previous government took loans for the Kaleshwaram project at 11.5 per cent interest over 12 years. He claimed he secured the restructuring of Rs 26,000 crore at 7.5 per cent interest over 35 years with Prime Minister Modi's support, and is now pursuing the restructuring of Rs 2 lakh crore on similar terms.
The chief minister added that former students of Hyderabad Public School, including World Bank Chairman Ajay Banga, Microsoft's Satya Nadella, Adobe's Shantanu Narayen, and investor Prem Watsa, are donating around Rs 300 crore for a new building at the school.
Reddy also pledged to develop the proposed Future City on Hyderabad's outskirts into “a great city and a role model for the world for 1,000 years.”
Frequently Asked Questions
What is the main focus of Telangana Chief Minister Revanth Reddy's speech at the CREDAI property show?
Revanth Reddy emphasized his government's commitment to encouraging local investors and ensuring profitable returns for them, while cautioning against political influences.
How does the Telangana government plan to attract international investments?
The government is visiting countries like the United States, Singapore, Japan, South Korea, and Dubai, as well as participating in the World Economic Forum in Davos to attract international investments and promote roadshows.
What financial reforms has Revanth Reddy implemented?
Revanth Reddy has secured the restructuring of Rs 26,000 crore at 7.5 per cent interest over 35 years with Prime Minister Modi's support and is now pursuing the restructuring of Rs 2 lakh crore on similar terms.
Why did Revanth Reddy criticize the previous BRS government?
Revanth Reddy questioned why the Hyderabad Metro project was not extended to the international airport and other areas, and criticized the previous government's financial practices, such as taking loans at higher interest rates.
What is the proposed Future City project, and what is its significance?
The proposed Future City on Hyderabad's outskirts is planned to be developed into a great city and a role model for the world for 1,000 years, emphasizing long-term sustainable development and innovation.
Related News Articles
Alexandria Real Estate Stock Downgraded by Bank of America: What You Need to Know
Get the latest insights on Alexandria Real Estate's financial health and market position
Luxury Home Sales Boom by 37.8% in Jan-Sep 2024: CBRE Report
Luxury property sales in India saw a significant surge of 37.8% YoY in the first nine months of 2024, with key cities like Delhi-NCR, Mumbai, and Hyderabad leading the growth. The report by CBRE South Asia highlights the increasing preference for high-end
I-T Department Delves into Unconventional Sources for Tax Evidence
The Income Tax Department is expanding its data collection efforts by exploring unconventional sources, including real estate, manufacturing, and telecom sectors. The primary goal is to identify and prevent tax evasion and misreporting.
Bengaluru's Rental Crisis: Landlords Suffer as Overpriced Properties Sit Vacant
Bengaluru's real estate market is facing a significant rental crisis as landlords struggle to find tenants due to overpriced properties. With the IT sector experiencing layoffs and job uncertainty, many potential tenants are hesitant to commit to high ren
Exploring SEBI's Proposal to Boost Investment Limits in REITs and InvITs
The Securities and Exchange Board of India (SEBI) has proposed increasing the investment limits in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). This move aims to enhance liquidity and attract more investors. Here’s what you need to know.
Shapoorji Pallonji, KREEVA, and ASK Property Fund Launch Ambitious Residential Project in Gurugram
Shapoorji Pallonji, KREEVA, and ASK Property Fund have collaboratively launched a new residential project in Gurugram, projected to generate revenues of over ₹1400 crore over the next five years. This strategic partnership aims to redefine the residential real estate landscape in the region.