The Hindu-A.P. NAREDCO applauds urban development, revenue reforms
Office-bearers of the AP unit of National Real Estate Development Corporation (NAREDCO) on Sunday (March 2) welcomed the series of transformative reforms introduced by the State government, aimed at streamlining urban development and revenue processes. These policy changes, they said, focused on ease of doing business, faster approvals, and regulatory transparency, would boost the real estate and infrastructure sectors.
At a press meet held in Vijayawada, Gadde Chakradhar, president of NAREDCO Andhra Pradesh, emphasised that reduction of the minimum road width requirement from 40ft to 30ft would help regulate unauthorised layouts and promote better planning. He also lauded the approval of podium parking, which would reduce the financial burden on developers who previously had to invest heavily in constructing cellar parking.
