Industries Inside Hyderabad To Be Shifted Beyond ORR

Hyderabad, Nov 24 (Maxim News): The Government has started the process of shifting polluting and outdated technology industries inside Hyderabad city to the Outer Ring Road (ORR). It has brought a new policy to use the lands in 22 industrial areas like Balanagar, katedan, kukatpally, Uppal, Jeedimetla, Chewrlapally etc. for other purposes. For this, the Hyderabad industrial lands Transformation Policy (HILTP) will be implemented. To this end, the Industries and Commerce Department issued orders. According to these orders, 9292.53 acres of lands in 22 industrial areas have been provided for conversion to other purposes. It is stated that 4,740.14 acres of total land has been constructed (plotted).

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Land was allocated for Industries in the city 60 years ago. The city has developed a lot in these six decades. Areas that were once considered outside the city have now become the city core areas.  Moreover, the industries set up then are now becoming polluting and are becoming an economic burden. In this context, the government had earlier announced that all such industries would be shifted beyond the ORR. It has decided to develop those lands in a different way. The Government has stated in the G.O. that it will develop such things as building apartments and integrated townships on those industrial lands and using them as residential areas. Construction of offices, retail centers, hotels and commercial complexes. Establishment of educational institutions such as schools, colleges, hospitals and research centers. Establishment of recreational facilities such as parks, sports complexes and cultural centers. Construction of technology parks.  

Industrial land owners will have to pay a development impact fee to the government for converting them into freehold status. The Sub-Registrar’s office (SRO) has fixed an impact fee of 30 percent on the value of plots with roads less than 80 feet. It has been stated that while 54.24 percent of the land falls under the category, 84.24 percent of the units have been developed as plots. For the conversion of plots with roads larger than 80 feet, the SRO has fixed an impact fee of 50 percent on the value.  

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It has been stated that 45.76 percent of the land falls under this category, while 17.76 percent of the units have been developed as plots. The industries Department has announced in its GO that Telangana industrial Infrastructure Corporation (TGIIC) will be the nodal agency for the Implementation of Change of land use (CLU) and HILTP, it has been stated that companies willing to convert their lands for other purposes can apply transparently through TGIPASS, it has been stipulated that 20 percent of the impact fee will be paid at the time of application. Companies will have to apply within six months from the date of Implementation of this policy.  

The government has formed a committee headed by the Special Chief Secretary of the industries Department to approve the applications submitted by the Industries. The TGIIC Vice Chairman, MD, industries Director, and HMDA Metropolitan Commissioner will be the conveners of this committee. The application within a week of the application of any company for change of land use. The committee set up to implement the policy will then approve the application within a week. A demand notice will be served to the company within a week of approval. After receiving the notices, the company will have to pay the remaining 80 percent of the impact fee in two installments within 45 days. If any company does not pay the fee on time or defaults, a grace period of one month will be given and a penalty of one percent will be imposed on the payment made in each installment. After one month, the organization will be disqualified without any refund.

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Excluding 2,000 acres and stand-alone lands (land of independent industries set up in different areas within the ORR other than industrial parks) the remaining 7,292.53 acres of land are valued at Rs.35,066 crore based on SRO rates. The value of 4,740.14 acres of plotted lands is Rs.22,060.12 crore.  However, the government has not disclosed the value of 2,000 acres of 9,292 acres as stand-alone lands. As part of the HILTP policy, the government has revealed in the G.O that these lands are also being brought under change of Land Use.

Meanwhile, based on the SRO value, The Government has fixed the highest land price per square meter in Sanathnagar industrial park at Rs.43,500. The lowest price has been fixed at Rs.3,100 per square meter in Chandula Baradari and IDA Pashamylaram. It has been fixed at Rs.26,700 in Kukatpally, Rs.23,000 in Balanagar, Rs.21,000 in Nacharam and Rs.20,300 in Moulali. The price of land per square meter in other industrial parks is between Rs,7,000 and Rs.18,900. (Maxim News) 

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