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The Hindu
The Hindu
National
The Hindu Bureau

Real estate an important contributor to State revenue and growth: Minister Punguleti

The State government accords priority to the real estate sector as an important contributor to the State revenue and growth, Minister for Revenue and Housing Ponguleti Srinivas Reddy said on Friday.

He observed that the major concerns of the realty sector in the State include the loopholes in the revenue system and Dharani, the flagship land record management system which was implemented by the erstwhile Bharata Rashtra Samithi (BRS) government.

“From common man to real estate businesses, everyone was harassed. Dharani has caused such disaster,” he said. But as per the promise made by the Congress party at the time of elections, the government will resolve all the hindrances, he said assuringly.

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