Skip to main content

Is Telangana Government offerering 121 sq yard of a developed plot per acre given for Hyderabad Pharma City

 

121 sq yards Land offer to farmers 121 sq yards Land offered to farmers

A blueprint of a nearly 500-acre residential layout developed within Hyderabad Pharma City for the affected property owners

 In a bid to convince landowners to part with their property for the prospective Hyderabad pharma city on the outskirts of the city, the state government has offered an additional 121-square yard (a gunta) developed plot per acre of land given for the project as part of the compensation package. They will also get compensation as per the Land Acquisition Act, 2013.

 

The government had acquired about 11,000 acres of land for developing Hyderabad Pharma City near Shamshabad in Rangareddy district, being touted as a world-class sustainable industrial cluster. Besides compensation for land acquisition as per the Land Acquisition Act, the government had earlier assured those who gave land for the project that at least one eligible member per family would be given a job.

The housing colony, being developed to an extent of nearly 500 acres, would include multiple zones with self-contained common facilities like a marketplace, PHCs, sports complex, etc. With an estimated development cost of 306 crores, the layout would have a wide road network, street lights, and a drainage system. Along with the basic infrastructure, the layout would have a community hall, hospital, public school or college, play area (cricket nets, volleyball court, meditation area, kids play area), parks, general store, police station, temples, and graveyard.

Comments

Popular posts from this blog

WHAT IS FTL LAND (FULL TANK LEVEL) IN TELANGANA?

                                            FTL  LAND (FULL TANK LEVEL)   Full Tank Level Lake maps are being prepared to show Full Tank Level (FTL) boundaries, showing Lat-long coordinates and buffer zones all around the lakes, and subsequently superimposed with Revenue survey numbers of the relevant part of the village map. Restriction of building activities in the vicinity of water bodies.   The Hyderabad Metropolitan Development Authority is constituted under the provisions of HMDA Act, 2008 for the purpose of planning, coordination , supervisi ng, promoting, and securing the planned development of the Hyderabad Metropolitan Region. The Hyderabad Metropolitan Region has a large number of lakes and water bodies that are of critical importance to the Hyderabad Metropolitan Region for many reasons, including some as mentioned below:  • Recharging of gr...

Demystifying Foreign Exchange Remittance Certificate (FERA) for Indian NRIs

In an era of global mobility, Non-Resident Indians (NRIs) play a significant role in contributing to India’s economic growth. Remitting funds to their home country is a common practice among NRIs. To ensure transparency and compliance, the Indian government has introduced various regulations, one of which is the Foreign Exchange Remittance Certificate (FERA). In this blog, we will delve into the essentials of FERA and provide a comprehensive guide for Indian NRIs. Understanding FERA: The Foreign Exchange Remittance Certificate (FERA) is an official document issued by authorized banks in India to NRIs. It serves as proof of the inward remittance of funds from a foreign country to India. FERA plays a crucial role in maintaining a transparent record of foreign transactions and helps NRIs meet regulatory requirements. Importance of FERA for NRIs: Tax Compliance: FERA assists NRIs in complying with Indian tax regulations. The certificate provides documented evidence of the source of f...

Top Mistakes to Avoid in Your Rental Agreement in India

When it comes to renting a property in India, a well-drafted rental agreement is crucial to protect both landlords and tenants. However, many individuals make common mistakes that can lead to legal disputes and financial losses. In this blog post, we will discuss the top mistakes to avoid in your rental agreement in India to ensure a smooth and hassle-free renting experience. Incomplete or Vague Terms and Conditions One of the most critical mistakes to avoid is having an incomplete or vague rental agreement. This can lead to misunderstandings between the landlord and tenant. Your rental agreement should clearly outline all the terms and conditions of the lease, including the rent amount, security deposit, duration of the lease, and any specific rules or restrictions. Be specific and include details like the due date for rent payments and the consequences of late payments. Neglecting to Include Important Clauses Another common mistake is neglecting to include essential clauses in the re...