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 Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement