Hyderabad, October 10 (UNI) – Telangana Deputy Chief Minister Mallu Bhatti Vikramarka underscored the state government's commitment to fostering growth and partnership within the real estate sector. Speaking at the inauguration of the 15th NAREDCO Telangana Property Show at Hitex Exhibition Centre, Madhapur, Bhatti assured developers of enhanced transparency, streamlined digital approvals, and strict adherence to time-bound clearances. "Regulation should guide, not grind. The government must act as a facilitator rather than a spectator or dictator," Bhatti emphasized, highlighting the administration's supportive stance towards the real estate industry. He lauded NAREDCO’s pivotal role in Hyderabad’s real estate expansion and urged developers to focus on affordable housing solutions for middle and lower-income groups. Additionally, he encouraged channeling Corporate Social Responsibility (CSR) funds towards strengthening education and healthcare infrastructure. Describing Hyderabad as "a city directed by projects rather than landmass," the Deputy Chief Minister reflected on the city’s dynamic growth and continuous transformation. Under the leadership of Chief Minister A. Revanth Reddy, the Telangana government is making significant investments in urban infrastructure and sustainable development. "For the second consecutive year, we are allocating no less than Rs 10,000 crore annually towards Hyderabad’s development. This investment is evident in improved roads, drainage systems, green spaces, and overall quality of life," Bhatti stated. He further outlined key initiatives aiming to make Hyderabad a resilient, future-ready, and sustainable metropolis, including the revitalization of the Musi River, the Regional Ring Road (RRR) project, and a comprehensive master plan integrating housing, mobility, and environmental concerns. "Restoring a city’s river is synonymous with restoring its dignity," he remarked. The Deputy Chief Minister also highlighted government efforts to ensure uninterrupted 24x7 water and power supply, expand sewage treatment capacity through 39 new sewage treatment plants (STPs), promote battery-operated buses to reduce pollution, and protect natural resources such as lakes, parks, and rock formations. Reaffirming Hyderabad’s robust economic prospects, Bhatti pointed to recent land auctions reaching up to Rs 177 crore per acre as a testament to strong investor confidence. "No other city in the country has witnessed land value appreciation comparable to Hyderabad’s. This success stems from dedicated governance and sustained investment," he noted. Tourism, Culture, and Archaeology Minister Jupally Krishna Rao added that Telangana remains the fastest-growing state in India, with the real estate sector playing a crucial role in Hyderabad's urban expansion. He attributed the city’s top position to progressive policies and world-class infrastructure under Chief Minister Revanth Reddy’s leadership. Rao also highlighted Rs 15,000 crore investments in tourism, further boosting investor confidence. Earlier, NAREDCO Telangana President Vijaya Sai Meka requested the Deputy Chief Minister to abolish the 10% mortgage system and reduce power tariffs for the construction sector. He acknowledged the government's focus on infrastructure development, industry growth, and new projects like satellite city development, the metro network, and the Regional Ring Road as drivers of Hyderabad’s thriving real estate market. The event witnessed participation from numerous builders, developers, and NAREDCO office-bearers, reflecting the sector’s vibrant engagement with government initiatives.