Sri Rajeshwar Tiwari,
Metropolitan Commissioner, HMDA
Friends from APREDA and
Real estate community
And friends from Print &
Electronic media, Ladies & Gentlemen
I am very happy to be here
to-day amidst all of you and inaugurate the “APREDA Property Show” and the
“Conference on Green Buildings, Townships and Destination Hyderabad” being
organized by Andhra Pradesh Real Estate Developers’ Association (APREDA) and
National Real Estate Development Council (NAREDCO) in association with GRIHA and
Ministry of New and Renewable Energy, Government of India.
I am very happy to note
that about 100 Real Estate Developers and Builders are showcasing about 200
reality projects in the Metro area apart from prominent brands of building
materials. APREDA since its inception in the year 1996 has closely worked with
the State Government in shaping Building Bye-laws, Layout Regulations, Evolving
and Implementing Master Plans etc.
I congratulate the team of
APREDA on this happy occasion and also complement the efforts of each and
everybody who involved in organizing this event. A green building is one which
uses less water, optimizes energy efficiency, conserves natural resources,
generates less waste and provides healthier spaces for occupants, as compared to
a conventional building.
Green Home can have
tremendous benefits, both tangible and intangible. The immediate and most
tangible benefit is in the reduction in water and operating energy costs right
from day one, during the entire life cycle of the building and intangible
benefits of enhanced air quality, excellent day lighting, health and well being
of the occupants and conservation of national resources.
The concept of green
building development in the country has witnessed a sustained momentum despite
the overall weakening macroeconomic environment, witnessed in the last one year.
The 1st Green
Building in India was built in Hyderabad
by the Confederation of Indian Industry (CII) with complete Green Building
concepts of international standard at Madhapur which is famously known as CII-Sohrabji
Green Business Centre. I am very glad to inform that HMDA Annexe building
built in 2007 is the 1st Government Green Building in Andhra Pradesh.
Government of Andhra
Pradesh has made several initiatives for encouraging Green Buildings for
sustainable development of cities in Andhra Pradesh such as:
One day one lakh plantation,
avenue plantation, conservation of lakes, greening of waste lands, Rainwater
harvesting system and use of Renewable Energy.
Government of Andhra Pradesh
is the 1st State in India to introduce incentives for green buildings in the
building regulations.
Rebate of 10% in property
tax on use of solar heating and lighting system.
Rebate of 10% in property
tax on recycling of waste water and rain harvesting.
Turning the discussion to
Indian Cities, it is estimated that the requirement of capital infrastructure
for Indian cities in the next 20 years is in the order of $ 1.30 trillion.
Hyderabad the capital city of Andhra Pradesh has several inherent strengths for
investors to set up their operations.
Hyderabad is one of the
biggest beneficiaries under the scheme JnNURM. We have invested about Rs.4,000
crores for water and underground sewerage treatment and storm water drainage
system in the city of Hyderabad. In fact, we are planning to build about 80,000
affordable housing units at a cost of Rs.1,600 crores in Ist phase. Outer Ring
Road stretching 158 KM at a cost of Rs.6,700 crores is under progress. A
comprehensive plan is being prepared to ease the traffic in the city. Hyderabad
people are about to realize their long-cherished dream of traveling by Metro
Rail. This apart from mitigating traffic problems in the city, will provide
employment on a large scale.
As regards water needs of
the city, it was planned to tap water from the River Godavari with an investment
of Rs.3,000 crores to meet the requirement for the next 50 years. As far as
power sector is concerned, the State is going to witness a phenomenal amount of
addition to the installed capacity of 8,127 MW and I am sure our State will soon
become an energy surplus State. Keeping in view of future demand, we have
taken up massive capacity addition program of 16,865 MW during XI and XII plans
consisting of 11 Thermal, 5 Hydel, 2 Gas and 1 Nuclear power projects.
Further, we have taken steps
to tap the natural gas available abundantly in Krishna-Godavari basin for
meeting the requirements of domestic as well as industrial sectors. We have
already requested the Regulatory Board to expedite construction of distribution
centers in Hyderabad, Vijayawada, Kakinada and Rajahmundry regions. The day is
not far off when we will turn on piped gas in our homes.
In particular, the Rajiv
Gandhi International Airport, Outer Ring Road and PVR Expressway have boosted
the investment potential in and around Hyderabad.
Keeping in view of the above
developments in the Hyderabad City and around, number of business delegations
from various countries is regularly visiting the city to explore investment
opportunities.
I also would like to mention
that State economy is doing well. For the first six months of this financial
year, tax revenues recorded an increase of 25% compared to corresponding period
of 2009-10. With a very good rain fall the State received, we are expecting a
bumper crop production of 214 lakh tonnes, which would be all time high in the
history of Andhra Pradesh.
I take this opportunity to
invite all the prospective investors to come forward and invest in Andhra
Pradesh.
I, on behalf of Government
of Andhra Pradesh will support you in all possible ways and I am sure that we
together will continue to propel our State’s Economy in a strong growth path and
my dream to see Andhra Pradesh in the number one position will be fulfilled
through our collective efforts and thereby setting an example for others.
I hope this Property Show
will provide exhibitors and participants an excellent business platform.
I extend my warm wishes to
all the exhibitors, participants and the visitors.
