Make Optimal Use of TDR Policy for SRDP Phase-II, GHMC told
1 year, 7 months ago

Make Optimal Use of TDR Policy for SRDP Phase-II, GHMC told

Deccan Chronicle  

Hyderabad: The second phase of the Telangana state government's flagship Strategic Road Development Plan would affect over 1,500 properties while land acquisition will cost over ₹2,200 crore, GHMC officials have said. Following several interactions with officials from the municipal administration and urban development department, the civic body has decided to make maximum use of transfer development right policy rather than offering monetary compensation to the property owners as both the government and the corporation are facing a severe fund crunch. Officials said that issuing of TDR certificates has helped them save ₹4,832 crore towards cash compensation for infrastructure works executed in the city. The state government has instructed them to derive the maximum from the TDR policy and convince the property owners to opt for it instead of monetary compensation.

History of this topic

Road infrastructure in Telangana: Created to dazzle
1 year, 7 months ago
SRDP Phase 2 runs into land acquisition hurdles
1 year, 10 months ago
Infra projects in Telangana take a beating due to land acquisition protests
1 year, 11 months ago
Telangana plans Rs 3,000-crore phase-2 city infra works without borrowing funds
2 years, 1 month ago
GHMC sends SOS to state government for SRDP funds
2 years, 8 months ago
Govt. considering developing PRR through private participation
3 years, 3 months ago
Lenders refuse GHMC money to acquire land
4 years, 11 months ago
Hyderabad: Commuters to suffer as SRDP faces fund crisis
5 years, 2 months ago

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