HYDRAA can’t be blamed for slowdown in Hyderabad’s real estate, says Ranganath
Launching the online property portal in Hyderabad, HYDRAA chief Ranganath says that the body cannot be blamed for real estate slowdown
By Newsmeter Network
Hyderabad: Launching the new property portal, HYDRAA commissioner Ranganath says that the slow down in real estate cannot be blamed to the department
Hyderabad: Addressing a gathering of over 150 attendees, the commissioner of HYDRAA, AV Ranganath, said that it is unfair to blame HYDRAA for the slowdown in Hyderabad’s real estate sector.
“HYDRAA is not responsible for the stagnation in the market. Many unsold flats existed even before HYDRAA was formed. Our role is to protect public assets and ensure transparency,” he said and added that it is time for the real estate industry to change the bad image the public has of it.
HYDRAA chief launches website for information on Hyderabad real estate
The commissioner of HYDRAA (Hyderabad Disaster Response and Asset Monitoring and Protection Agency) on Thursday launched HRCSIndia.com, a free online platform that aims to offer verified, unbiased legal and loan information on real estate properties. The launch event took place at LB Nagar in the city.
Developed by HRCS India, a Hyderabad-based, RERA-certified organisation, the platform aims to ‘empower property buyers, sellers and stakeholders with accurate and transparent information at no cost.’
“HRCSIndia.com is a first-of-its-kind initiative, created to address the widespread confusion and fear among buyers following recent demolitions. Many people are unsure whether a property lies within FTL or lake buffer zones. Our platform is designed to bridge this information gap and help people make informed decisions,” said Harshavardhan Reddy, founder and CEO of HRCS India.
HYDRAA police station to be ready in two weeks
HYDRAA is planning to sign an MoU with NRSC to use satellite and remote sensing technology to identify lake encroachments and demarcate Full Tank Levels, said AV Ranganath, commissioner of HYDRAA.
The HYDRA police station is getting ready to be inaugurated in a fortnight, he added.
Importance of finding the right buyers for property
He appreciated HRCS India for volunteering to provide legal clarity and loan transparency free of cost, comparing their efforts to marriage matchmaking—helping buyers find the right property match safely.
“Real estate is a lifetime investment and a dream for many. That dream should not be shattered due to a lack of knowledge. Transparency and awareness are essential,” he added.
Satellite technology to identify lake encroachments
HYDRAA was established through an executive order to protect public assets—including roads, drains, water bodies, parks and other infrastructure—under the jurisdiction of GHMC and the Telangana State government. It is the first body of its kind in India and has full legal powers.
The commissioner further stated that HYDRAA plans to sign an MoU with the National Remote Sensing Centre (NRSC) to use satellite and remote sensing technology to identify lake encroachments and demarcate Full Tank Levels (FTLs). This will help prevent disputes and protect natural water bodies.
Need to change the image of the real estate sector
“Thanks to HYDRAA’s efforts, more people today are aware of what FTL means. It is not a new concept; it is mentioned in several laws, such as the Telangana WALTA Act (2002), the Environment Protection Act (1986), the Irrigation Act and the Building Rules—all of which prohibit construction in FTL and buffer zones,” Ranganath clarified.
He acknowledged that real estate earned a bad reputation due to land grabbers, fly-by-night operators and a lack of transparency. “This must change,” he urged, emphasising the need to protect people from exploitation.
Website to find out if your Hyderabad property is on an FTL
“If you’re confused about where to buy property in Hyderabad or worried whether a plot falls within an FTL or buffer zone, we understand your concern. That’s why we created HRCSIndia.com—a completely free, transparent platform to guide you,” said Harshavardhan Reddy.
He reiterated that HRCS India does not promote or sell any property but solely aims to educate and empower stakeholders. “This is a no-cost, unbiased, information-first platform meant to help people make safer real estate decisions, especially in the wake of HYDRA demolitions,” he added.
The platform ensures legal clarity and loan transparency for all—buyers, lenders and other stakeholders.
