Telangana's Construction Sector Booms with 11.97% Growth, Says Minister

IT and Industries Minister Duddilla Sridhar Babu highlights a significant 11.97% growth in Telangana's construction sector, contributing over Rs 80,000 crore to the state's economy.

Construction SectorReal EstateEconomic GrowthInfrastructure ProjectsTelanganaReal EstateOct 12, 2025

Telangana's Construction Sector Booms with 11.97% Growth, Says Minister
Real Estate:Hyderabad: IT and Industries Minister Duddilla Sridhar Babu announced a robust growth rate of 11.97% in the construction sector of Telangana for the fiscal year 2024-25. This sector has contributed more than Rs 80,000 crore to the state’s economy, showcasing a significant economic impact.

Speaking at the 15th Naredco Telangana Property Show on Sunday, the minister revealed that the combined output of the real estate and professional services sectors saw a growth rate of 15.4%. Together, these sectors now account for 24.9% of the state’s services GDP, with the construction sector alone contributing over Rs 80,000 crore.

Sridhar Babu pointed to a marked increase in housing registrations in key districts such as Hyderabad, Rangareddy, and Medchal-Malkajgiri during September. A total of 6,612 housing units valued at Rs 4,804 crore were registered, compared to 4,903 units worth Rs 2,820 crore in the same month last year. This indicates a 35% rise in volume and a striking 70% surge in transaction value.

“These statistics dispel any notion that Telangana’s real estate sector is facing a slowdown,” the minister asserted. He also reported that registrations of properties valued above Rs 1 crore surged by 151%, representing 53% of the total transaction value in September.

Noting the real estate sector's role as India’s second-largest employment-generating sector after agriculture, Sridhar Babu emphasized the need to raise India’s real estate GDP contribution, currently at 6-8%, closer to that of developed countries and China, where it ranges between 10-25%.

The minister outlined several major infrastructure projects aimed at reshaping Telangana’s economic and urban landscape. These include Elevated Corridors, Metro Rail Phase-II, Bharat Future City, Musi Riverfront Beautification, and the Regional Ring Road. These projects are expected to further boost the state's economic growth and enhance urban development.

Sridhar Babu announced plans to complete zonal planning for Bharat Future City by December and to launch the groundbreaking for a 200-acre AI City within two to three months. This AI City will be developed to international standards, further positioning Telangana as a hub for advanced technology and innovation.

The event was attended by Naredco officials, including Vijayasai Make, Kali Prasad Damerla, Dr. Lion Kiran, K. Sridhar Reddy, and R. Venkateshwara Rao. Their presence underscores the importance of these developments in the real estate and construction sectors for Telangana’s future growth.

Frequently Asked Questions

What is the growth rate of the construction sector in Telangana for the fiscal year 2024-25?

The construction sector in Telangana grew by 11.97% in the fiscal year 2024-25.

How much did the construction sector contribute to Telangana's economy in the fiscal year 2024-25?

The construction sector contributed over Rs 80,000 crore to Telangana's economy in the fiscal year 2024-25.

What is the combined growth rate of the real estate and professional services sectors in Telangana?

The combined growth rate of the real estate and professional services sectors in Telangana is 15.4%.

What are some of the major infrastructure projects planned in Telangana?

Some major infrastructure projects planned in Telangana include Elevated Corridors, Metro Rail Phase-II, Bharat Future City, Musi Riverfront Beautification, and the Regional Ring Road.

When is the zonal planning for Bharat Future City expected to be completed?

The zonal planning for Bharat Future City is expected to be completed by December.

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