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Telangana Government offers 121 sq yard of developed plot per acre given for Hyderabad Pharma City

 

Government offers 121 sq yard of a developed plot per acre given for Hyderabad Pharma City



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.

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