BRS MLC Dasoju Sravan has accused the Telangana government, led by Chief Minister A Revanth Reddy, of misusing regulatory bodies like RERA and HYDRAA. He criticizes the CM for his lavish lifestyle and indifference towards the city's infrastructure and real estate sectors.
TelanganaReraHydraaDasoju SravanReal EstateReal Estate NewsAug 17, 2025
RERA stands for Real Estate Regulatory Authority. It is a regulatory body established to protect the interests of homebuyers and ensure transparency in the real estate sector in Telangana.
Dasoju Sravan is a Member of the Legislative Council (MLC) from the BRS (Balusu Raja Sanskruti) party in Telangana. He is known for his critical stance against the ruling government.
Dasoju Sravan has accused the Telangana government, led by Chief Minister A Revanth Reddy, of misusing regulatory bodies like RERA and HYDRAA, collecting ‘RR tax’ for granting permissions, and showing indifference towards the functioning of GHMC and HMDA.
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Hyderabad is often referred to as the 'revenue engine of Telangana' due to its significant contribution to the state's economy, particularly through the IT, real estate, and infrastructure sectors.
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The Maharashtra government is considering a 10% hike in the Ready Reckoner (RR) rate, the state’s benchmark for property valuation. Real estate stakeholders are raising concerns over the potential impact on housing affordability and market dynamics.
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