Telangana to Auction Open Plots to Fund Land Acquisition for Old City Metro
RAILWAYS & METRO RAIL

Telangana to Auction Open Plots to Fund Land Acquisition for Old City Metro

The Telangana state government plans to raise Rs 6 billion by auctioning open plots in the Uppal Bhagayat Layout to finance land acquisition for the 7.5 km Old City Metro corridor, connecting Mahatma Gandhi Bus Station (MGBS) to Chandrayangutta.

The total cost for acquiring land for 1,100 properties is estimated at Rs 1,000 crore, which includes Rs 5.25 billion for land purchase, Rs 1.50 billion for rehabilitation and resettlement, and Rs 3.25 billion for structural compensation. Additionally, Rs 1.75 billion will be needed for expenses like demolition (Rs 40 crore), utility shifting (Rs 60 crore), and road widening (Rs 75 crore).

The state has already allocated Rs 500 crore in the Budget for the Old City Metro Rail project. The remaining funds will come from the auction of open plots in Uppal Bhagayat, to be conducted by the Hyderabad Metropolitan Development Authority (HMDA), with the auction expected to begin soon.

Sources revealed that the Old City Elevated Metro Corridor, initially part of the first phase, faced several delays due to alignment issues and property acquisition challenges. The 7.5 km extension will connect Shalibanda, Falaknuma, and Chandrayangutta. Road widening for the extension started this week, including the demolition of structures, mainly shops, in Moghalpura and Kotla Ali Jah on Tuesday.

The land compensation rate was initially set at Rs 60,000 per square yard but was later raised to Rs 81,000 per square yard after a request by Hyderabad MP Asaduddin Owaisi.

To protect over 100 religious, heritage, and other sensitive structures along the route, the Hyderabad Metro Rail Limited (HMRL) has designed engineering solutions to avoid any adverse impact on these properties.

The Telangana state government plans to raise Rs 6 billion by auctioning open plots in the Uppal Bhagayat Layout to finance land acquisition for the 7.5 km Old City Metro corridor, connecting Mahatma Gandhi Bus Station (MGBS) to Chandrayangutta. The total cost for acquiring land for 1,100 properties is estimated at Rs 1,000 crore, which includes Rs 5.25 billion for land purchase, Rs 1.50 billion for rehabilitation and resettlement, and Rs 3.25 billion for structural compensation. Additionally, Rs 1.75 billion will be needed for expenses like demolition (Rs 40 crore), utility shifting (Rs 60 crore), and road widening (Rs 75 crore). The state has already allocated Rs 500 crore in the Budget for the Old City Metro Rail project. The remaining funds will come from the auction of open plots in Uppal Bhagayat, to be conducted by the Hyderabad Metropolitan Development Authority (HMDA), with the auction expected to begin soon. Sources revealed that the Old City Elevated Metro Corridor, initially part of the first phase, faced several delays due to alignment issues and property acquisition challenges. The 7.5 km extension will connect Shalibanda, Falaknuma, and Chandrayangutta. Road widening for the extension started this week, including the demolition of structures, mainly shops, in Moghalpura and Kotla Ali Jah on Tuesday. The land compensation rate was initially set at Rs 60,000 per square yard but was later raised to Rs 81,000 per square yard after a request by Hyderabad MP Asaduddin Owaisi. To protect over 100 religious, heritage, and other sensitive structures along the route, the Hyderabad Metro Rail Limited (HMRL) has designed engineering solutions to avoid any adverse impact on these properties.

Next Story
Infrastructure Transport

India’s Maha Kumbh of Road Construction

The RAHSTA Forum 2025, held on June 25 at Courtyard by Marriott, Mumbai, delivered powerful insights and dialogue on the future of India’s roads and highways sector. Organised by the FIRST Construction Council, the Forum served as the curtain-raiser to the much-anticipated RAHSTA Expo 2025, set to take place on 3rd and 4th September at the Jio Convention Centre, Mumbai.Union Minister of Roads Transport & Highways Shri Nitin Gadkari, while appreciating the efforts of FIRST Construction Council and ASAPP Info Global Group, commended the awards which recognise excellence across various..

Next Story
Real Estate

Built to Last, Designed to Impress

The construction and interior design industries stand at the confluence of functionality and aesthetics, where innovation powers the creation of enduring structures and inspiring spaces. At the heart of this process are materials and solutions that enable architects, designers, and builders to realise their visions with precision and reliability.Featuring iconic brands such as Fevicol—synonymous with adhesive solutions—Dr. Fixit, a complete waterproofing system renowned for addressing every critical area of construction, and Roff, a specialist in tile-fixing solutions, Pidilite has earned ..

Next Story
Infrastructure Energy

New Push to Cut India’s Air Pollution through Power Sector Reforms

In a significant stride toward environmental sustainability, Cummins India introduced CPCB IV+ compliant gensets to India on July 5, 2023, marking a paradigm shift in the power generation industry. These generators are engineered to adhere to the progressive emission norms set by the Ministry of Environment, Forest, and Climate Change. Being the first sets in the field, they have garnered praise for their remarkable achievements in emissions reduction and cutting-edge technology. Powerica, with its four-decade-long partnership with Cummins India Limited, is dedicated to consistently deliver th..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?