HMDA plans to cancel, sell or rent government land in the Metropolitan area of Hyderabad to increase resources to obtain the cost of capital costs and maintenance costs of various projects. | Photo Credit: MoHD Arif
The TELANGANY government is ready to go full steam for the monetization of assets and sale/rental/auction of government land in the Metropolitan area of Hyderabad.
The application for a proposal (RFP), which was announced on Monday by Metropolitan Development Authority Metropolitan Development and called on consultants to “mobilize resources for adopting various projects in HMDA”.
The RFP document unambiguously mentioned that HMDA initiates potential disinvestics/sale/rental of government land in the Metropolitan Hyderabad area, for monetization or cross -country submission to obtain capital costs and maintenance costs of various projects.
The consultant is appointed with the aim of prioritizing the area and size of the land land to be admitted to the auction and identification of the soil of HMDA and the government for monetization or acquisition for auction/development/leasing.
The selected agency will collect land data together with details such as ownership, regulations for land -use planning, classification of land use and existing infrastructure and verify and verify existing records for accuracy. It will also review the current regulations for land -use planning, main plans and development policies for HMDA, review and analyze the regulations for the development of development valid for each ground land and identify restrictions and contributions for development.
On the front of transport, the agency evaluates the connection between land, transport infrastructure around each such land and access to public transport.
All existing and planned infrastructure networks will be taken into account in terms of water supply, waste water, electricity, waste management, communication and other services, and their proportionality will be associated with current and future development.
After the identification and assessment of the land plots, the agency will also have to provide projections on the evaluation of the value of land after the development of infrastructure. After assessing trends in the area of real estate, the agency should be able to propose the highest and best use for each of the ground land. The approved monetization possibilities include sales, rental (long -term and short -term) and joint development/joint venture. The obligations also include support and investors’ holding.
Payments to the consultant are calculated as 0.025% of the final auction received by HMDA. 27. May is the last date of the offer.
“As Metropolitan Cities Expand Their Jurisdiction, Strategic Monetization Becomes Essential for Public Authorities to Finance Infrastructure, Enhance Urban Services, and Drive Sustainable Economic Growth. And Well-Structured Monetization Framework Ensures that Transport, Utilities, and Housing Is Efficiently LEVERAGED TO Generate Long-Term Revenue While Promoting Planned Urbanization, ”The Document Reads Providing the Justification for the Measure.
Published – May 12, 2025 20:56
