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
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?