CREDAI Hyderabad Seeks Cut in Permit Mortgage
ECONOMY & POLICY

CREDAI Hyderabad Seeks Cut in Permit Mortgage

The Confederation of Real Estate Developers' Associations of India (CREDAI) Hyderabad sought the state's intervention to remove the 10 per cent building permit mortgage requirement for real estate projects or reduce it to five per cent, saying the move would release capital for developers. The demand was raised at the inauguration of the CREDAI Hyderabad Property Show 2026 at the HITEX Exhibition Centre, where more than 300 Real Estate Regulatory Authority (RERA)-approved projects from over 60 developers were on display. CREDAI Hyderabad president N Jaideep Reddy led the representation to officials and stakeholders.\n\nThe three-day property show, themed Rate Aagadhu, Demand Thaggadhu, was held from August 28 to 30 and was inaugurated by Chief Secretary Sanjay Jaju. The event brought together developers, financial institutions and other stakeholders and provided a platform for prospective homebuyers to evaluate projects across Hyderabad. Organisers said the showcase aimed to boost transparency and connect demand with credible supply.\n\nN Jaideep Reddy sought release of mortgage components, with particular emphasis on the NALA-linked component, and noted there was already a policy direction to release five per cent for earlier approvals while retaining the remaining five per cent. He urged the government to expedite implementation of that direction to free up funds for ongoing projects and to reduce financing pressures on builders. He also proposed a mechanism to allow developers to pay the applicable NALA fee along with the building approval process to improve efficiency and clarity in approvals.\n\nChief Secretary Jaju said Hyderabad was witnessing strong growth in its business environment and attracting increasing interest, and that real estate and property development were important components of economic growth. He indicated the government was committed to working with the industry to promote trustworthy and transparent development and would continue to collaborate to ensure the sector remained a strong growth driver for Telangana and contributed towards the vision of Telangana 2047.

The Confederation of Real Estate Developers' Associations of India (CREDAI) Hyderabad sought the state's intervention to remove the 10 per cent building permit mortgage requirement for real estate projects or reduce it to five per cent, saying the move would release capital for developers. The demand was raised at the inauguration of the CREDAI Hyderabad Property Show 2026 at the HITEX Exhibition Centre, where more than 300 Real Estate Regulatory Authority (RERA)-approved projects from over 60 developers were on display. CREDAI Hyderabad president N Jaideep Reddy led the representation to officials and stakeholders.\n\nThe three-day property show, themed Rate Aagadhu, Demand Thaggadhu, was held from August 28 to 30 and was inaugurated by Chief Secretary Sanjay Jaju. The event brought together developers, financial institutions and other stakeholders and provided a platform for prospective homebuyers to evaluate projects across Hyderabad. Organisers said the showcase aimed to boost transparency and connect demand with credible supply.\n\nN Jaideep Reddy sought release of mortgage components, with particular emphasis on the NALA-linked component, and noted there was already a policy direction to release five per cent for earlier approvals while retaining the remaining five per cent. He urged the government to expedite implementation of that direction to free up funds for ongoing projects and to reduce financing pressures on builders. He also proposed a mechanism to allow developers to pay the applicable NALA fee along with the building approval process to improve efficiency and clarity in approvals.\n\nChief Secretary Jaju said Hyderabad was witnessing strong growth in its business environment and attracting increasing interest, and that real estate and property development were important components of economic growth. He indicated the government was committed to working with the industry to promote trustworthy and transparent development and would continue to collaborate to ensure the sector remained a strong growth driver for Telangana and contributed towards the vision of Telangana 2047.

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