Mon Oct 06 13:57:58 UTC 2025: Here’s a news article summarizing the provided text:
**Headline: AP RERA Chairman Urges Collaboration for Sustainable Real Estate Growth in Visakhapatnam**
**Visakhapatnam, October 6, 2025** – The Confederation of Real Estate Developers’ Associations of India (CREDAI) Visakhapatnam chapter honored A. Shiva Reddy, Chairman of the Andhra Pradesh Real Estate Regulatory Authority (AP RERA), at a ceremony held on Monday. Reddy, the only member of the builders’ community in India to hold the position of RERA chairman, emphasized the critical role of cooperation between regulatory bodies and developers in bolstering consumer trust and fostering sustainable expansion within the real estate sector.
“Regulation and industry engagement go hand in hand,” Reddy stated, highlighting AP RERA’s commitment to expediting project approvals and safeguarding the rights of homebuyers. He further assured members of the building community that RERA intends to be a ‘friend to all’, while ensuring the project end-users benefit from the new regulations. He pledged to prioritize the resolution of legitimate concerns raised by the developer community.
The event was attended by members of CREDAI Visakhapatnam, CREDAI Andhra Pradesh, and delegates from various city chapters. A highlight of the program was the unveiling of the brochure for the 11th Property Expo, scheduled to take place from December 19th to 21st at the Gadiraju Palace Convention Center in Visakhapatnam.
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