Hyderabad: Telangana government reinforced its dedication to advancing infrastructure, housing, and tourism sectors, emphasizing real estate as a vital economic driver. During the 15th NAREDCO Telangana Property Show at HITEX, Deputy Chief Minister Mallu Bhatti Vikramarka announced a substantial investment of ₹25,631 crore targeting Hyderabad's sewerage and water supply improvements. The government approved 39 new sewage treatment plants (STPs), allocating ₹11,927 crore for sewerage and water facilities, with an additional ₹13,704 crore worth of proposals under active review. Highlighting the surging real estate market, the Deputy CM referenced a recent land auction where prices reached ₹177 crore per acre. Major infrastructure projects include a ₹1,487 crore elevated corridor connecting Paradise Junction to the National Highway and road widening initiatives valued at ₹3,619 crore in Shamirpet. He also emphasized Hyderabad’s transition towards sustainability, noting plans to convert the entire public bus fleet to electric vehicles supported by tax incentives. Deputy CM Vikramarka underscored the government’s commitment to balanced urban development, environmental sustainability, and job creation. He urged developers to prioritize affordable housing for middle and lower-income groups alongside premium real estate projects. Tourism and Culture Minister Jupally Krishna Rao described real estate as the backbone of Telangana’s economy, underpinning over 300 allied industries. He highlighted infrastructure advancements such as the Regional Ring Road (RRR) and the greenfield road to Machilipatnam port, which are expected to establish new growth corridors. Rao emphasized that sectors like IT, pharmaceuticals, and aerospace rely heavily on the real estate sector for their expansion. The three-day NAREDCO convention attracted developers, investors, and industry leaders who praised Telangana’s progressive policies as a benchmark for real estate-driven growth.