The Confederation of Real Estate Developers Associations of India (CREDAI) on Friday urged the Andhra Pradesh government to accord priority to the technicians and builders from the State in the construction of the capital city.
“There is no dearth of talent in the State. More importantly, builders and technicians from the outstations are unaware of the local culture and needs. We urge the government to make use of the local talent for the construction of the new capital,” said C. Sekhar Reddy, president of the CREDAI’s national chapter, while addressing the media here.
Mr. Reddy was in the city to participate in the inaugural of the three-day ‘Home Expo-2014’ organised by the CREDAI, Kakinada chapter, at the SRMT Function Hall. Speaking on the occasion, he said the local builders were not inferior to any of the foreign consultants and they could do wonders, if given an opportunity. “The builders here are quality conscious and they know the importance of time as well. When we have abundant talent here, the government need not depend on the foreigners for building the capital city,” he observed.
Referring to the land pooling for the capital, Mr. Reddy said that the concept was not successful anywhere in the world. “Instead of waiting for pooling of the needed land, the government can commence works in the available and acquired land. Launch of the construction works would definitely encourage the unwilling farmers to part with their land for the cause,” he said.
‘Realty boom a myth’Replying to a question, he said there was no realty boom in Andhra Pradesh and Telangana, hence there was no sudden rise in the business. “The artificial boom created by certain sections in view of the announcement of new capital is not of any use. The bubble has already burst ,” Mr. Reddy explained.
CREDAI, AP chapter, Chairman K. Subba Raju urged the government to ensure availability of sand at an affordable price. He said the cost of construction had gone up by Rs. 300 per sqft owing to sudden hike in sand price. “The government has fixed an exorbitant price for sand . Still, there is a vast gap between demand and supply. We want the government to clear the air on the issue,” he said.
