VIJAYAWADA: Vijayawada, being part of the capital region of AP, the scope for infrastructure has increased and we are making efforts to provide housing facility to the economically-weaker sections at affordable prices within the city limits in the coming days, said Ch Sudhakar, the newly-elected president of CREDAI, Vijayawada chapter.
The Vijayawada chapter of the Confederation of Real Estate Developers Association of India (CREDAI) elected a new body of office-bearers for the years 2015-17 at a Hotel here on Friday. While Ch Sudhakar was elected as the president, T Ratna Srinivas and K Tejeswara Rao were elected as vice-presidents, RV Swamy and PVR Raju as general secretaries.
Speaking on the occasion, Sudhakar said that chief minister N Chandrababu Naidu was focusing on improving the basic facilities in the suburbs of Vijayawada and to change them into colonies in the future. So, there would be more options available for the middle-class people to fulfil their dream of owning a house at reasonable price with all facilities within the city.
“Even the skyrocketing land prices will come down in the coming days. The prices which suddenly increased after the bifurcation of the state and the announcement of the capital region will soon stabilise and the development of infrastructure will gain momentum,” said A Siva Reddy, CREDAI Andhra Pradesh president.
He added that the main aim of CREDAI was to emphasise the existence of fraternity among the builders and to provide quality infrastructure to the common people at affordable prices.