Telangana CM Revanth Reddy cautions real estate developers against falling for ‘politically motivated rumours’

Telangana Chief Minister A Revanth Reddy cautioned the real estate developers and construction companies not to fall for politically motivated rumours on real estate scenario or else they would lose out.

“If you give weight to politically motivated rumours, you are the ones who will lose. I am here to clear any such doubts among you. For us, you are the priority when it comes to investment,” he said, inaugurating the CREDAI Hyderabad Property Show in Hyderabad on Friday (August 15, 2025).

Mr. Reddy assured investors and developers that his government was committed to moving forward with clear and transparent policies to drive the state’s growth, overcoming rumours and doubts spread by political opponents. “Both policy and the construction sector serve as ‘growth engines’ for Telangana’s development.”

The Chief Minister asserted that even if leadership changes, Telangana always avoided policy paralysis, which allows the State to compete globally. “Investment protection and profitability were key responsibilities of the government,” he said.

Mr. Reddy warned against supporting misinformation campaigns when his government acts against illegal encroachments. “Plans for Telangana will be made by us, but it is your responsibility to promote them. Real estate thrives on a positive sentiment, and we must work together to protect that,” he urged the developers.

Mr. Reddy described himself as “a Chief Minister with middle-class thinking” and said he would never misuse public office for personal gain. “I will not plunder and take wealth abroad. My focus is entirely on the welfare of society. While I may not agree with every request, I will support any development that benefits people in a transparent manner,” he said.

Referring to infrastructure needs, he lamented that Hyderabad’s Metro Rail had not been expanded for ten years after being introduced through the efforts of the late Jaipal Reddy. The Congress government has again given an impetus to the Metro extension in various routes.

Highlighting other initiatives, the Chief Minister said proposals were sent for a dry port on the Hyderabad-Amaravati Greenfield Highway, 11 new radial roads connecting the Outer Ring Road to the Regional Ring Road, and more airports for Telangana. The State is also being planned in three zones – core urban, semi-urban, and rural, for balanced development.

He also recalled the contributions of Chief Ministers of erstwhile Andhra Pradesh late Y.S. Rajasekhara Reddy and N. Chandrababu Naidu, crediting them with creating the Outer Ring Road and HITEC City respectively.