Maturi Ranganath Elected Chairman of BAI Amaravati Chapter, Focuses on Real Estate Sector Growth

Maturi Ranganath, Managing Director of Amma Constructions-Gudivada, has been unanimously elected as the Chairman of the Builders Association of India (BAI), Amaravati Capital Chapter. In his new role, Ranganath emphasized the importance of government support in addressing key issues faced by the real estate sector, particularly in the context of India's growing economy.

Ranganath highlighted that the real estate sector plays a crucial role in macroeconomic growth and is a significant contributor to India's GDP. He stressed the need for policies that encourage new buyers to invest in the sector, which would further stimulate economic development. (https://www.thehindu.com/news/national/andhra-pradesh/amma-constructions-md-is-new-chairman-of-bai-amaravati-chapter/article69077289.ece)

The election of Ranganath comes at a time when the real estate sector is witnessing a resurgence, driven by government initiatives and technological advancements. His leadership is expected to bring fresh perspectives to the challenges faced by the industry, including regulatory hurdles and market fluctuations.