Anita lauds Credai for promoting home ownership
By : Laxmi Pranathi
Update: 2024-12-02 06:39 GMT
Visakhapatnam: Home minister Vangalapudi Anita emphasised the vital role that the Confederation of Real Estate Developers' Associations of India (CREDAI) plays in promoting homeownership among middle and lower-middle-class families.
Addressing the valedictory ceremony of the 10th CREDAI Property Expo held in Visakhapatnam on Sunday, she highlighted the support that the government is providing to such initiatives through measures, such as the single-window system for expediting approvals of layouts, which enhance the real estate sector's efficiency.
Anita spoke about ongoing challenges that the construction industry is facing, like sand shortages. She pointed out that recent government policies have significantly mitigated these issues.
Pendurthi MLA Panchakarla Ramesh Babu echoed Minister Anita's sentiments, praising CREDAI's contributions to national growth. He said the state government is proactive in helping builders.
The expo showcased a variety of housing options, from luxury apartments to affordable homes, allowing families to explore opportunities and discuss financing options with banks. The event served as a platform for direct interaction between developers and potential buyers, fostering trust and transparency in the market.
Home Minister, Vangalapudi Anitha presents the memorial awards to the students at the concluding ceremony of the CREDAI 10th Property Expo at Gadiraju Palace in Visakhapatnam on Sunday. (Photo: K Murali Krishna)
CREDAI Visakhapatnam chairman K.S.R.K. Raju (Sai) expressed satisfaction with the enthusiastic turnout at the expo. Joint Secretary B. Raja Srinivas emphasised the event’s role in fostering trust between developers and buyers.
The event concluded with the presentation of the B.R. Raju Memorial Award to outstanding architecture students from Andhra Pradesh, underscoring CREDAI's commitment to nurturing future talent in the real estate sector.