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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 provide the builders with the time they need.
01:46The construction sector is also a source of happiness for the people of Kradai.
01:52How many people work in the construction sector?
01:57In all the states, many people work in the construction sector.
02:01In Vijayawada, there are about 1 lakh people who work in the construction sector.
02:07The families depend on the construction sector.
02:11In all the states, there are about 20 lakh people who work in the construction sector.
02:16People from Kanyakumari, Ongole and Hyderabad are working in the construction sector.
02:21The construction sector is a source of happiness for all the people.
02:25The people of Karnataka are working hard to build a good house.
02:30In such a situation, government support is also needed.
02:36But in the last government, the construction sector was shut down.
02:41With the instructions of the Chief Minister, Mr. Chandrababu Naidu,
02:46all the problems are being solved one by one.
02:50Discussions are being held with everyone.
02:54The government has given permission to some Jio's.
03:04In Andhra Pradesh, the construction sector is moving fast.
03:10The people want more amenities.
03:14They want apartments, villas, club houses, parks, roads,
03:19and a good environment.
03:23They are moving forward.
03:27Due to the mistakes of the previous government,
03:31the construction sector has increased by 30 to 40 percent.
03:36We have lost 5 years.
03:40The people should also think about the government.
03:44The government should develop all the areas.
03:49Mr. Narendra Modi has started a project worth Rs. 2 lakh crores.
03:54The green hydrogen is a trend that is going to come up.
03:59The Chris city is also going to be built near Nellore.
04:05The people of Karnataka are working hard to build a good house.
04:10The industrial park is also going to be built near Nellore.
04:16In Nakkapalli, the bulk drug project is going to be built.
04:21Yesterday, the Railway Zone was built.
04:26All the areas are going to be developed.
04:30We are moving forward with all the projects.
04:34The project is going to be developed.
04:38The construction sector is going to make some changes.
04:46It will be different.
04:50It will be easy to do business.
04:54We will get all the permissions at one place.
04:58We don't have to go to all the departments.
05:03We don't have to go to all the departments.
05:08Everything will be done in 15 days.
05:12We will get the time.
05:16The cost of funds will also be reduced.
05:20It will be easy for us.
05:24We will save time and money.
05:28The cost of construction will also be reduced.
05:32The lay-outs will be reduced.
05:36The lay-outs will be reduced.
05:40The lay-outs will be reduced.
05:44The government will increase the revenue.
05:48What are the deviations?
05:51The builders are not making any deviations.
05:56We have to get the NOC.
06:00We have to get the NOC.
06:04If we deviate, the NOC will get stuck.
06:09There will be no deviations.
06:13There will be no deviations.
06:1680% of the deviations are in small sites.
06:21No one is making any deviations in big sites or apartments.
06:26The plan is also being submitted by the architect.
06:32The plan is also being submitted by the architect.
06:36If we want the NOC, we have to go to the department.
06:40If we want the NOC, we have to go to the department.
06:43We are not facing any problems because of that.
06:47We will get the NOC soon.
06:51Who is benefitting from the lay-outs?
06:55Who is benefitting from the lay-outs?
06:59First of all, congratulations to the entire Kerala.
07:03Andhra Pradesh, Ram Manrao and Ram Babu.
07:07Because, Mr. Shiv Reddy, the Andhra Pradesh chairman,
07:10gave various representations to the government.
07:14In the ease of doing business, the government's revenue will increase.
07:18Because, every permission is delayed.
07:22Every place has a minimum of 6 months to a year.
07:26Because of that, the input cost is high for the developers.
07:30Because of that, the end-users will be affected.
07:34After the government comes, real estate will increase a lot.
07:38Even now, the minister has said in the inauguration,
07:42that no matter which major city you go to,
07:46the first thing that will burn that city is the infrastructure and buildings.
07:50Such big buildings are going to come in Vijayawada.
07:54Like, in the previous tenure, Mr. Chandrababu's wish,
07:58that is going to become reality now.
08:02Do you like single windows?
08:06The main thing is,
08:10if you go to a department and ask for permission,
08:14it will take time and money.
08:18Not to talk openly, but there is that.
08:22Time loss itself is a big loss.
08:26If we invest crores of rupees,
08:30it will take a lot of time to get the permission.
08:33If we apply for that in a single window,
08:37they will send the file to every department and get the clearance.
08:41So, the construction cost will definitely reduce.
08:45The input cost will reduce.
08:49If we deliver it quickly, the overheads will also reduce.
08:53Machinery cost, manpower cost, everything will be reduced.
09:00Will there be a chance to replace construction costs with revenue?
09:04Definitely.
09:08Construction costs, labour, materials,
09:12interest, bank interest,
09:16we can estimate and put a margin on that.
09:20In Andhra, 2 tier cities,
09:24there will be no abnormal hikes or falls.
09:27The business will be steady.
09:31We construct based on demand and supply.
09:35So, generally,
09:39depending on the construction cost,
09:43we charge 5% net and 10% income tax.
09:47If the construction cost is reduced,
09:51we sell it to the party.
09:54If the construction cost is high,
09:58we can't reduce it, so we lose money.
10:02If the construction cost is low,
10:06we can't lose the builders,
10:10landowners,
10:14middle class and above middle class people.
10:18There are no luxury people here.
10:21There are low income people here.
10:25Even if we reduce 1 or 2 lakh rupees,
10:29they will be happy.
10:33Will it take 6 months or a year?
10:37It won't take 6 months or a year.
10:41I don't know when the plan will come.
10:45In my association,
10:48when I asked for the plan,
10:52I was asked to come to Silakajyosham.
10:56Since then,
11:00everyone is happy.
11:04The employees have not changed.
11:08If they don't change,
11:12we have met 5-6 times.
11:15The administration is still tightening.
11:19The administration should change.
11:23The administration is still tight.
11:27There are penalties.
11:31They didn't implement.
11:35The minister said to follow the rules.
11:39Builders don't deviate.
11:42I am making the rules as liberal as you asked.
11:46Build it properly.
11:47Build it according to the rules.
11:48Give them only according to the rules.
11:50Don't disturb anyone.
11:51Will the real estate boom come because of this landslide?
11:54It will definitely come.
11:55Before this, there were LRAs.
11:58Before this, there were layouts.
12:02They used to make 40 feet roads.
12:0440 feet roads are in Jio.
12:06Then 10% open spaces.
12:082% amenities.
12:091% this.
12:1013% that.
12:13By the time we get the yield, 50% won't come.
12:1650-52% will come.
12:18Now we have allowed 30 feet roads.
12:20That's why a lot of people used to build it as an unauthorized area.
12:23Small 2-3 acres.
12:25Then the town will develop unplanned.
12:29There won't be planning.
12:30One person will build 2 acres there.
12:32Another will build 2 acres there.
12:33There won't be a connection.
12:35There is no such thing as planned development.
12:3730 years back, there was planned development.
12:40There were layouts.
12:4130 years back.
12:42In the last 20 years, there were fewer LRAs.
12:47From now on, there are more opportunities for LRAs to come.
12:51Because there are more opportunities,
12:53the advantage of having LRAs is that
12:56there are employees in the approved layout.
12:59Suppose you are there.
13:01If you buy a flat for 10 lakhs,
13:05the bank will give loan of 6-7 lakhs.
13:07For 9% interest.
13:09That's why you buy it.
13:11If you have 3 lakhs of money, you buy it.
13:13Bankers don't give loan for unauthorized layouts.
13:17So you have to pay 10 lakhs.
13:19You have to pay 10 lakhs or 50 lakhs.
13:22So if we do unauthorized layouts today,
13:25some people are saying,
13:28why do we have to do unauthorized layouts?
13:31Why do we have to pay so much money?
13:33Why do we have to pay so much money?
13:35Why do we have to pay so much money?
13:37Why do we have to pay so much money?
13:39Why do we have to pay so much money?
13:41Why do we have to pay so much money?
13:43Why do we have to pay so much money?
13:45Why do we have to pay so much money?
13:47Why do we have to pay so much money?
13:49Why do we have to pay so much money?
13:51Why do we have to pay so much money?
13:53Why do we have to pay so much money?
13:55Why do we have to pay so much money?
13:57Why do we have to pay so much money?
13:59Why do we have to pay so much money?
14:01Why do we have to pay so much money?
14:03Why do we have to pay so much money?
14:05Why do we have to pay so much money?
14:07Why do we have to pay so much money?
14:09Why do we have to pay so much money?