Ensure effective implementation of Bhu Bharati: NAREDCO to state govt
Hyderabad: Extending its support to Bhu Bharati and BuildNow, the National Real Estate Development Council (NAREDCO) has urged the Telangana govt to ensure effective implementation and continuous stakeholder engagement to unlock the full potential of both applications.
NAREDCO Telangana
stated that Bhu Bharati enhances transparency with verified land data, accelerates approvals through faster mutation and registration processes, and mitigates legal uncertainty through defined appeal mechanisms and jurisdiction rules based on land market value.
"The linkage between land valuation and administrative authority further strengthens clarity in project budgeting and pricing. The portal is expected to open up new development zones, especially in rural and semi-urban regions, fostering
real estate expansion
beyond urban centres," said Vijaya Sai Meka, President of NAREDCO Telangana.
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