Real Estate working against TRS
The Real Estate lobby of Andhra Pradesh is silently working towards the defeat of the Telangana Rashtra Samiti in the by polls to be held on May 29 as most of the builders fear that TRS’s victory in the by polls will be detrimental to the construction industry in Hyderabad and the surrounding areas. The state’s realtors are either supporting the Congress or the Telugu Desam candidates depending on their prospects in the polls in the respective constituencies.
Financial support is being extended to the Congress and the TD candidates to defeat the TRS in the elections. Builders, who are already in trouble as the number of takers of plots and flats decreased in the last one month, said they would be forced to reduce rates if the Telangana sentiment is strengthened in the polls.