hyderabad Real Estate

Major irregularities have allegedly taken place in the allotment of plots in MLA Colony, Jubilee Hills.

Funding by JNNURM and GHMC for the main project and ring mains did not materialise and the main project work is being undertaken with the govement’s budgetary support.

Structural drawings and values are being prepared for each property along the stretch in question. The property losers will be given both land and structural compensation as per market value," said GHMC land acquisition officer, M Suryakala.

"There is no truth in such campaign. The realty mafia is at work," said a senior revenue official.

When contacted ORR project director V Samuel Anand Kumar said the state govt had asked certain clarifications from the HMDA esp financial implications on the authority due to revised proposal. The details would be provided to the govt soon, he said.

"No tankers are being delivered for free, either to ministers or to bureaucrats," said Adhar Sinha, the water board managing director. He was quick to point out that the water bills for these customers were settled by the govement.

RGIA officials, however, maintain that the new retail project is not aimed at improving revenues alone but also for enhancing passenger facilities.

Residents of Industrial Area Local Authority (IALA) in Madhapur, Gachibowli and surrounding places will have a smooth ride soon with the AP Industrial Infrastructure Corporation (APIIC), (GHMC) and (R&B) deciding to develop nine major roads.

The bridge should be ready in about five months. The construction is complete except for that stretch which passes over the tracks." said V Madhwaraja, chief engineer, HMDA.

The high-priced auctions apart, the board has also gifted much of the govt prime land to various parties. One such ex is the oneacre plot next to Gandhi Bhavan on M J Road that was handed over to a political party for a meager Rs 500 per square yard.