CREDAI Karnataka should look into Bangalore’s infra development’: Mr.Ramalinga Reddy

Posted on Feb 4 2015 - 6:03pm by IBC News

Karnataka Minister for Transport urges developers at Statecon 2015 to support in realizing Chief Minister’s vision 

CREDAI Karnataka should look into the development of infrastructure such as lakes, ponds, roads and storm water drains around the city of Bangalore, said the Karnataka Minister for Transport Mr Ramalinga Reddy at the Statecon 2015.

The annual Statecon 2015, organised by CREDAI Karnataka, held recently. The day-long event was attended by over 350 delegates from the CREDAI chapters of Bengaluru, Belgaum, Bijapur, Gulbarga, Hubli-Dharwad, Karwar, Mangalore, Mysore and Udupi.

Delivering his address, the state minister, who was also the chief guest of the event, said, “The city is constantly expanding and the demand for real estate will continue to grow.

I believe that there is a need for the urban pool to be provided with affordable housing options as well. The Chief Minister has a great vision for the development of Bangalore and we would like the help of CREDAI to see this dream through.â€

Mr Reddy also said that he identified with the problems faced by real estate developers and declared his whole-hearted support in bringing in changes that will help the sector.

An important forum for real estate developers

Welcoming the gathering, Mr C.N. Govindraju, President, CREDAI-Bengaluru (which hosted the event), said, “This forum is to discuss important issues on real estate, related to the state and city.

I believe that progress is possible with a friendly policy approach.â€

In his message, Mr R Nagaraj, President, CREDAI-Karnataka, spoke on the role of industries in developing real estate in the state. He said, “CREDAI has been given life by the state of Karnataka and we only want to give back. We believe that boundaries need to change in all sectors, including realty and only then will we be able to see progress.â€

The Chairman of the convention, Mr Suresh Hari, also Secretary – CREDAI Bengaluru, presented the concept and contents of the seminar.  The sessions covered varied topics like marketing, technology, finance, safety  and administration.

Past-President Mr Balakrishna Hegde presented the various issues affecting the growth of real estate Industry like cement price hike, sand rate etc in Karnataka. During his address, he also offered suggestions for these issues, which could bring in positive results.

BBMP Commissioner Mr.M.Lakshminarayana addressed the gathering with assurance to discuss various suggestions presented.

About CREDAI Karnataka:

CREDAI Karnataka is a part of CREDAI National which is established in 1999 the Confederation of Real Estate Developers’ Associations of India, today consists of 23 States which has 133 City level Associations that have over 9000 Developers under a single platform. As the apex body for private sector developers, CREDAI has worked hard to make the industry more organised and progressive by networking closely with Government representatives, policy makers & investors, consumers & real estate professional.