Archive · 13 Sep 2025
Andhra Pradesh Real Estate Sector Awaits Boost from Government Measures
The real estate market in Andhra Pradesh is hoping for a comeback.
The government is making it easier to build and buy homes by simplifying rules and lowering taxes.
This includes a new one-stop shop for approvals and reducing the Goods and Services Tax (GST).
They are also making loans cheaper and allowing buildings to be taller.
These changes are meant to speed up construction, reduce costs, and encourage people to invest in property.
Real estate groups believe these steps will improve the industry and bring in more business, especially with new infrastructure projects planned.
The Andhra Pradesh real estate sector is showing signs of recovery.
The government has introduced single-window clearance and relaxed building norms.
GST has been reduced to lower construction costs.
Repo rate cuts are expected to boost demand.
Industry bodies welcome the measures, including the scrapping of the NALA Act.
- Who
- Real estate developers and industry bodies (Credai, Naredco), Andhra Pradesh government
- What
- Measures to revive the real estate sector in Andhra Pradesh, including single-window clearances, GST reductions, and relaxed building norms.
- When
- Recent and ongoing.
- Where
- Andhra Pradesh
- Why
- To stimulate the struggling real estate market by reducing costs, streamlining processes, and attracting investment.
- Key Measures
- Single-window clearance, relaxed norms, GST rationalization, cut in repo rate
- GST Reduction
- From 28% to 18%
- Building Height Increase
- From 18 meters to 24 meters
- Naredco Property Festival
- Scheduled for September 19-21
- NAALA Act
- Scrapped
