default
Category
🗞
NewsTranscript
00:00I would like to extend my best wishes to the people of Kradai for the opening of the Kradai Property Show.
00:20The real estate sector has been struggling in Andhra Pradesh for the past 6 years due to various reasons.
00:31Many cities like Hyderabad, Bangalore and metropolitan cities are developing due to the real estate sector.
00:39The real estate sector needs to grow and the people of Kradai need a comfortable house.
00:49To improve the real estate sector, the Chief Minister of Kradai, Mr. Narachandar Babanaidu and the Municipal Administrator Mr. Narayanan
00:56conducted a series of surveys in various states and brought two GEOs.
01:04One was the Layout GEO and the other was the Building GEO.
01:09In the Layout GEO, the road surface was reduced from 12m to 9m.
01:14The Municipal Administrator also took online applications from the surveyors to the buildings up to the 5th floor.
01:26The applications were self-declared.
01:32It is important to give time to the builders.
01:37The government is working to give time to the builders without taking more time.
01:46The building sector is also very happy with the GEOs.
01:56In all the states, many people are working in the building sector.
02:01In Vijayawada, there are about 1 lakh people who work in the building sector.
02:07The families depend on the GEOs.
02:10In all the states, there are about 20 lakh people who work in the building sector.
02:14People from Kanigiri and Ongole are also working in the building sector.
02:19The GEOs are working as a livelihood for them.
02:30In such a situation, the government needs to support the builders.
02:36But in the last government, the construction sector was shut down.
02:41Again, with the instructions of the Chief Minister,
02:46all the problems are being solved one by one and discussions are being held.
02:51All these are being done and progress is being made.
02:54Today, the GEOs are also working.
03:00The government has given permission to the GEOs.
03:05In Andhra Pradesh, construction is moving very fast.
03:11The people want more amenities.
03:15They want apartments, villas, club houses, parks, roads.
03:21They are moving forward.
03:27Due to the mistakes of the last government,
03:33the construction rate has increased by 30-40%.
03:39We have lost 5 years.
03:42The people need to think about the government.
03:45Today, Narendra Modi and Dadapur have started the construction of the GEOs.
03:56Hydrogen and green energy are very important.
04:01The trend of green hydrogen is going to be revolutionary.
04:07The Chris city is also planned near Nellore.
04:12The industrial parts are also going to be built.
04:18In Nakkapalli, the building of the railway line was also done.
04:29In all the regions, we are moving forward with all the projects.
04:34The construction of the GEOs is moving very fast.
04:45What is the use of the GEOs?
04:48It is easy to do business.
04:52They provide a single window system.
04:55We get all the permissions at one place.
04:58We don't have to go to all the departments.
05:09Everything is done in 15 days.
05:12The cost of funds is also reduced.
05:17If you have invested for 5-6 months, it will be black.
05:22It is easy for us.
05:25It saves time and money.
05:28The cost of construction is also reduced.
05:31The lay-outs are also reduced to 9 meters.
05:35The lay-outs are also reduced to 9 meters.
05:38The lay-outs are also reduced to 9 meters.
05:42The government revenue is increasing.
05:47What are the deviations?
05:52The builders are not making any deviations.
05:56We have to get the NOC on 10th March.
05:59To get the NOC on 10th March, we have to get the NOC released.
06:04If we deviate, the NOC will be stuck.
06:09There are no such deviations.
06:11There are no such deviations.
06:14There are no such deviations.
06:1880% of the deviations are in small sites.
06:22There are no deviations in big sites or apartments.
06:27The plan is also being submitted to the architect.
06:36There is a restriction.
06:38If we want the NOC, we have to go to the department.
06:41If we want the NOC, we have to go to the department.
06:44We don't have any problem with that.
06:47It will be released soon.
06:50There are two issues.
06:53One is the lay-outs and the other is the government.
06:56Who benefits from this?
06:59First of all, congratulations to the entire cradle of Andhra Pradesh.
07:03Congratulations to Mr. Raman Rao and Mr. Rambabu.
07:06Mr. Shivareddy, the chairman of Andhra Pradesh,
07:10and the president of Vizag gave various representations to the government.
07:14In this ease of doing business, the government's revenue will increase.
07:19Because every permission is delayed.
07:22Every place has a minimum of six months to a year.
07:26Because of that, the input cost is high for the developers.
07:29Again, it will be a problem for the end-user.
07:33After the government comes, real estate will increase a lot.
07:39Even now, the minister said in the inauguration,
07:42not only here, but in any major city in the world,
07:46the first thing to do is to demolish the city is to demolish the infrastructure and buildings.
07:50Such big buildings are going to come to Vijayawada.
07:54In the previous tenure, Mr. Chandrababu's wish is going to become a reality now.
08:07The main thing is, if you go to a department and get permission,
08:12time is money also.
08:15Department expenses, I am not talking openly,
08:19time loss itself is a big loss.
08:23If we invest crores of rupees,
08:27it will take a lot of time to get permission from all departments.
08:34If we apply all these in a single window,
08:38they will send the file to every department and get the clearance.
08:41Then it will be very easy.
08:43So the construction cost will definitely reduce.
08:46Because the input cost is reduced, not the direct construction cost.
08:49If we deliver it quickly, the overheads will also be reduced.
08:54Machinery cost, manpower cost, everything will be reduced.
08:58Mr. Shivaraman, is there a chance to replace the construction cost with revenue?
09:04Yes, definitely.
09:06Generally, the construction cost, labor, materials, interest, bank interest,
09:15we estimate all these and put a margin on it.
09:21In general, in Andhra, there are no abnormal hikes or abnormal falls.
09:27The business will also be steady with this.
09:30We construct here according to the demand supply of every builder.
09:35So generally, we see how much construction we get,
09:40we put 5% net, 10% profit on it and all the income taxes go.
09:45If the construction cost is reduced,
09:49automatically the party will have a chance to sell it at a lower rate.
09:54If it is at a higher rate, we cannot reduce it.
09:58If we give, we will lose.
10:00If we lose, the activity will become dull.
10:02If the construction business is to move forward,
10:05builders should not be lost,
10:07landowners should not be lost,
10:10Similarly, the buyers who buy from us,
10:13here in Andhra, all of us are middle-class, above-middle-class employees.
10:18There are no luxury people here.
10:20There is no high-income group here.
10:22Here, there is an above-income group.
10:25They are happy even if we reduce a lakh or two lakhs.
10:29They see that something will come for it.
10:31In the past, it took you 6 months or a year.
10:34Is the time reduced now?
10:36It is not 6 months or a year.
10:37I don't know how long it will take.
10:40I don't know when the plan will come.
10:42In my association, when people come to me and ask,
10:45I am the state chairman.
10:47Some people used to make jokes.
10:49When will the plan come, I used to say.
10:51When the plan comes, I will ask for a statue.
10:54Situations have become so bad.
10:58Since then, after the government came,
11:01everyone is happy.
11:03The employees have not changed yet.
11:05They should also change.
11:07If they don't change,
11:09Narayanan sir and CM sir,
11:11we met 5-6 times after coming to the association.
11:14We are asking them.
11:16They are tightening the administration.
11:19The administration should change.
11:21There is a need for it in the lower level.
11:23It is happening in the higher level.
11:25In the lower level, the files are time-bound.
11:27There are penalties and time-bound.
11:29It was there before.
11:31But it was not implemented.
11:33What Narayanan sir and the minister are saying is,
11:35build according to the rules.
11:37Generally, the builders do not deviate.
11:39Because we have a mortgage clause.
11:41They don't do it.
11:43Small buildings do it.
11:45Not like that.
11:47I am liberalizing the rules as you asked.
11:49Build according to the rules.
11:51Give them according to the rules.
11:53Without disturbing anyone.
11:55Will there be a real estate boom?
11:57Definitely.
11:59There used to be LRAs.
12:01There used to be layouts.
12:03They used to do 40 feet roads.
12:0540 feet roads are in Jio.
12:07Then 10% open spaces.
12:092% amenities.
12:111% this.
12:1313% that.
12:15By the time we get the yield, 50% will not come.
12:1750-52% will come.
12:19Now we have allowed 30 feet roads.
12:21That is why a lot of people did it.
12:23They used to do it as an anodizer.
12:25In small 2-3 acres.
12:27Then the town will develop unplanned.
12:29There will be no planning.
12:31One person will put 2 acres there.
12:33Another person will put 2 acres there.
12:35There will be no planned development.
12:3730 years back, there was a planned development.
12:40There were layouts.
12:4230 years back.
12:44In the last 20 years,
12:46there were less adverisory layouts.
12:48From now on,
12:50there are more opportunities for adverisory layouts.
12:52Since there are more opportunities,
12:54the advantage of adverisory layouts is that
12:57there are employees in the approved layout.
13:00Suppose you are there.
13:02If you pay 10 lakhs and buy a flat,
13:05the bank will give you a loan of 6-7 lakhs.
13:07For 9% interest.
13:09That is why you will buy it.
13:11If you have 3 lakhs, you will buy it.
13:13Bankers do not give loans for adverisory layouts.
13:17So you have to pay 10 lakhs.
13:19You have to pay 10 lakhs or 50 lakhs.
13:22So if you do adverisory layouts today,
13:25automatically,
13:27some people are saying,
13:29why do we have to do adverisory layouts?
13:31Why do we have to pay him?
13:33Why do we have to pay him?
13:35Why do we have to do adverisory layouts?
13:37That is what we are already thinking.
13:39That is what we have.
13:41So definitely,
13:43it will be a plus.
13:45Another person,
13:47Minister Narayanan,
13:49is saying that
13:51we have given GEOs.
13:53If there are any other problems,
13:55you can come anytime.
13:57We will change it.
13:59Development is important.
14:01We are all two-tire cities.
14:03Development is important.
14:05If you are not a CM,
14:07you are not a CM.
14:09When you are a CM,
14:11you are a CM.