Business EconomyPosted at: Nov 1 2026 8:43PM


Hyderabad real estate sector must expand to tier-II cities: Kishan Reddy

Hyderabad, Nov 1 (UNI) union Minister for Coal and Mines G Kishan Reddy on Sunday called upon the real estate sector to expand its activities beyond Hyderabad to emerging cities such as Warangal, Mahabubnagar, Nalgonda, Nizamabad and Karimnagar to promote balanced development across Telangana.
Addressing the closing ceremony of the three-day 16th edition of NAREDCO Telangana Property Show 2026 at HITEX Exhibition Centre here, he said real estate was a major pillar of economic growth, employment generation and the aspirations of millions of families.
He said Hyderabad had emerged as a leading destination for real estate investments, attracting investors from across the country due to its infrastructure, technology ecosystem, healthcare facilities and cosmopolitan culture.
Kishan Reddy urged developers to focus on planned urban expansion, better connectivity, adequate drinking water, drainage, wider roads and rainwater management while developing new residential areas.
He cautioned against unplanned construction and traffic congestion, stressing the need for sustainable and well-connected communities.
He also called upon NAREDCO to address issues relating to land disputes, land grabbing and the alleged influence of land mafias, which were affecting the confidence of builders and investors.
Referring to infrastructure development, he said projects such as the Outer Ring Road, the second phase of Hyderabad Metro and the proposed Regional Ring Road would open up new opportunities for real estate growth.
He expressed confidence that the Regional Ring Road project would be taken forward soon after resolving certain issues.
The union minister also urged developers to adopt modern construction technologies, artificial intelligence and environmentally sustainable practices, including green buildings and rainwater harvesting, while ensuring timely project completion.
He said the real estate sector should focus on providing affordable and quality housing while contributing to the vision of a developed India by 2047.
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