+
GHMC issues 864 TDRs to bag 350 acres land for road projects in Hyd
Real Estate

GHMC issues 864 TDRs to bag 350 acres land for road projects in Hyd

The Greater Hyderabad Municipal Corporation (GHMC) has released 864 Transfer Development Rights (TDR) certificates towards cash compensation to procure 350 acres of land for several road projects.

On October 9, GHMC commissioner Lokesh Kumar had examined the progress of the procurement of properties with all its wings.

GHMC informed the media that given the surged compensation value, it has started the TDR Policy for taking over the properties with minimum burden on the exchequer.

The property owners are willing to part with their land while getting TDR certificates instead of cash compensation, as the demand for issue and usage of TDR has grown rapidly.

Concerning land obtained in the past five years, the civic body authorities said that 89 roads have been undertaken for road widening, out of which 55 roads have been built, and 1,805 properties have been procured.

Under the SRDP category, the GHMC obtained 1,100 properties and 192 properties under the missing or slip roads category, and the remaining 511 properties under the general road widening category.

A few major road widening or link roads, where the procurement of properties has been done comprise Shilparamam RUB, Bio-Diversity Flyover, Road No.45, Rajiv Gandhi Flyover at JNTU, Stay Cable Bridge (Durgam Cheruvu), RUB at Hitech City, Underpass at Bairamalguda to Chintalkunta check-post and flyovers in different places.

Image Source

Also read: Karnataka initiates revision in transit-oriented policy in Bengaluru

The Greater Hyderabad Municipal Corporation (GHMC) has released 864 Transfer Development Rights (TDR) certificates towards cash compensation to procure 350 acres of land for several road projects. On October 9, GHMC commissioner Lokesh Kumar had examined the progress of the procurement of properties with all its wings. GHMC informed the media that given the surged compensation value, it has started the TDR Policy for taking over the properties with minimum burden on the exchequer. The property owners are willing to part with their land while getting TDR certificates instead of cash compensation, as the demand for issue and usage of TDR has grown rapidly. Concerning land obtained in the past five years, the civic body authorities said that 89 roads have been undertaken for road widening, out of which 55 roads have been built, and 1,805 properties have been procured. Under the SRDP category, the GHMC obtained 1,100 properties and 192 properties under the missing or slip roads category, and the remaining 511 properties under the general road widening category. A few major road widening or link roads, where the procurement of properties has been done comprise Shilparamam RUB, Bio-Diversity Flyover, Road No.45, Rajiv Gandhi Flyover at JNTU, Stay Cable Bridge (Durgam Cheruvu), RUB at Hitech City, Underpass at Bairamalguda to Chintalkunta check-post and flyovers in different places. Image Source Also read: Karnataka initiates revision in transit-oriented policy in Bengaluru

Next Story
Infrastructure Transport

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Next Story
Infrastructure Urban

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Next Story
Infrastructure Urban

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App