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Telangana Formation Day (June 2, 2022) & throwing light on Real Estate Progression on this day

When is Telangana formation day?

Telangana Formation day reminds of the days when clashes between political parties and nationwide opinions stirred every now and then since 1955 and peaked in 2012. The agitation began right from there in the region and intensified, calling it a fight for their state’s freedom. On June 2, 2014, the state of Telangana was officially formed, celebrated as Telangana state formation day.

Telangana was merged with Andhra Pradesh on November 1, 1956. The amalgamation and merger proposal began in 1955 with the resolutions passed to safeguard the interests of Telangana.

The series of events and the evolution till the Telangana Formation:

From 1948 to 2013: A brief history of the Telangana movement.

The link states a Telangana state movement, chronology-wise and the short history of Andhra Pradesh.

Telangana state’s CM Chandra Shekhar Rao addressed citizens’ on Telangana formation eve. He proudly stated, “Telangana state has registered unimaginable victories that no state in our country as a whole could not do so in 75 years.”

In his long speech in the formation day of Telangana gathering, he added, “Telangana continued to progress and stood as a role model for the country.”

 “We have stunned the world by completing giant projects within a short period of three years. We have completed the biggest and largest lift irrigation project in the world in a record time, which was only possible in a country like China,”

Under KCR’s Government, in the past 8 years, various welfare schemes have been implemented, and he hailed the Dalit Bandhu scheme as a “social reform movement aimed at the development of the Dalit community.”

Real estate in Telangana 

Regarding real estate in Telangana, demand and supply are moving upward. Hyderabad is ever-developing in real estate, and demand for properties between 25 and 50 lakhs is currently on the hike. Many projects in the pipeline show the real estate sector is well-positioned for the next 5 years.

  • In Bansilalpet, Telangana state Government inaugurated 310 2BHK residences that are a part of the GHMC project to provide 1 lakh houses across 100+ locations.
  • Telangana Government is quite keen on effective RERA implementation across, so it is beneficial for the homebuyers. The reason for addressing RERA effectiveness is the lack of inefficiency and delay in approvals. Abhay Upadhyay, president of, Forum for People’s Collective Efforts, stated that “Despite the orders getting served, homebuyers are left in the lurch as the enforcement of these orders is taking unreasonable time. The Housing Minister himself suggested this move to form a committee to study the procedure followed by states that rank high in enforcement of RERA orders.”
  • In two months, State Government eyes 3k rupees crore from land & flat sales.

Being in the real estate business, we closely watch the developments happening in Hyderabad, the capital city of Telangana.

Hyderabad city witnessed the highest sales growth of 199% in the first quarter of 2022, with the sale of approximately 13,140 housing units. The steady sales growth has cut down the city’s unsold inventory

Likewise, Telangana has witnessed growth in multiple sectors, including agriculture, irrigation, power, education, It/ITES, health, etc.

We wish all Telanganites a Happy Statehood Day!

The post Telangana Formation Day (June 2, 2022) & throwing light on Real Estate Progression on this day appeared first on GharOffice Blog.



This post first appeared on Real Estate, please read the originial post: here

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Telangana Formation Day (June 2, 2022) & throwing light on Real Estate Progression on this day

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