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Telangana’s construction sector has recorded a growth rate of 11.97%, contributing over ₹80,000 crore to the state’s economy in FY 2024–25, according to Minister for IT and Industries Duddilla Sridhar Babu.
Speaking at the 15th NAREDCO Telangana Property Show organized by the National Real Estate Development Council (NAREDCO) at HITEX on Sunday, the Minister said that the real estate and professional services sector registered a combined growth rate of 15.4%, reflecting the sector’s strong performance and its contribution to Telangana’s services GSDP.
“Together, the real estate and construction sectors account for 24.9% of the state’s services GSDP. The construction industry alone has contributed more than ₹80,000 crore