The Confederation of Real Estate Developers Association of India (CREDAI) Telangana on Friday announced the election of office-bearers, with the new team now being led by chairman D. Murali Krishna Reddy.
The other office-bearers include president E. Premsagar Reddy, president-elect K. Indrasena Reddy and secretary G. Ajay Kumar.
Speaking on the occasion, the CREDAI chairman described real estate as a key driver of the growth in Telangana. He pointed out that a clear master plan is required for sustainable growth even as he sought CREDAI representation in preparing the master plan. Permissions, with appropriate development charges, should be given based on the master plan.