deccanchronicle.com-Chandrababu Naidu commends NAREDCO's donation to CMRF
Chief Minister N. Chandrababu Naidu commended the philanthropic contribution made by the National Real Estate Development Council (NAREDCO) in donating Rs 1 crore to the Chief Minister’s Relief Fund (CMRF).
Chief Minister N. Chandrababu Naidu commended the philanthropic contribution made by the National Real Estate Development Council (NAREDCO) in donating Rs 1 crore to the Chief Minister’s Relief Fund (CMRF). On Friday, NAREDCO representatives handed over a cheque of Rs 75 lakh to CM Naidu at his residence in Undavalli. This follows an earlier donation of Rs 25 lakh, bringing NAREDCO's total contribution to `1 crore.
During the meeting, NAREDCO representatives expressed their appreciation for the government's decision to withdraw the Land Titling Act, which they said has helped protect people's property rights. They also welcomed the government’s decision to increase land rates but requested a one-year delay in implementing the decision due to the current challenges faced by the real estate and construction sectors.