Telangana to raise Rs 10k bn via land pooling plan
04 Jan 2023
1 Min Read
CW Team
The Telangana government is presently executing the land pooling system on allotted property in the state, particularly in and around Hyderabad, after beginning land auctions as a means of resource mobilisation. The government is planning to get approximately Rs 10,000 crore from the land pooling scheme, which will cover about 3,500 acres, in the coming few months.
Several locations, including Thorrur, Turkayamjal, Manneguda, Munagnuru, Pasumamula, Lemoor, Kollur, Mokila, and several areas in Qutbullapur and Uppal assembly constituencies, according to sources, are planning land pooling plans.
In accordance with the land pooling plan, the Hyderabad Metropolitan Development Authority (HMDA) develops the farmers' land and provides developed plots to them in exchange for their land.
Officials said assigned land was allotted to the landless poor for agriculture purposes by the government several decades ago. But, the allottees (farmers) do not have any powers to sell or transfer the land to other private parties (prohibition of transfers), which is not legally valid also.
Due to urbanisation in many districts, especially in HMDA jurisdiction districts such as Rangareddy, Medchal Malkajgiri and Sangareddy, the land has been put for non-agriculture utilisation and illegal transactions were taking place, a senior official in the revenue department said.
The Telangana government is presently executing the land pooling system on allotted property in the state, particularly in and around Hyderabad, after beginning land auctions as a means of resource mobilisation. The government is planning to get approximately Rs 10,000 crore from the land pooling scheme, which will cover about 3,500 acres, in the coming few months.
Several locations, including Thorrur, Turkayamjal, Manneguda, Munagnuru, Pasumamula, Lemoor, Kollur, Mokila, and several areas in Qutbullapur and Uppal assembly constituencies, according to sources, are planning land pooling plans.
In accordance with the land pooling plan, the Hyderabad Metropolitan Development Authority (HMDA) develops the farmers' land and provides developed plots to them in exchange for their land.
Officials said assigned land was allotted to the landless poor for agriculture purposes by the government several decades ago. But, the allottees (farmers) do not have any powers to sell or transfer the land to other private parties (prohibition of transfers), which is not legally valid also.
Due to urbanisation in many districts, especially in HMDA jurisdiction districts such as Rangareddy, Medchal Malkajgiri and Sangareddy, the land has been put for non-agriculture utilisation and illegal transactions were taking place, a senior official in the revenue department said.
Next Story
ClickPost Launches Atlas to Benchmark E-commerce Logistics
ClickPost, a leading logistics intelligence platform, has launched Atlas, a subscription-based benchmarking tool designed to transform how e-commerce brands strategise logistics. Powered by ClickPost鈥檚 proprietary network, which processes over 50 million shipments each month, Atlas enables brands to benchmark key operational metrics in real time against industry peers and standards.Unlike traditional dashboards, Atlas delivers comparative insights鈥攆rom fulfilment speeds, RTO rates and average order values to city-level delivery times and sales data鈥攁llowing brands to identify operational..
Next Story
Kalyani Launches Two New LivingTree Towers in Bengaluru
Bengaluru-based Kalyani Developers has announced the launch of Towers 3 and 4 at its flagship residential project, Kalyani LivingTree, located in KIADB Aerospace Park. The expansion adds 525 premium 3BHK apartments, ranging from 1300 to 1600 sq ft, and over 7.5 lakh sq ft of built-up area. Prices start from Rs 1.2 crore.These towers, the most exclusive in Phase 1, offer uninterrupted pool and landscape views, and access to over 60 lifestyle amenities, two clubhouses totalling 1 lakh sq ft, and more than 80 per cent open space.LivingTree spans 25 acres and will comprise ten towers of 23鈥�24 fl..
Next Story
Blue Water Logistics IPO opens May 27
Hyderabad-based Blue Water Logistics is launching its Rs 40.5 crore IPO on May 27, 2025, which will remain open for subscription until May 29. The price band has been set at Rs 132 to Rs 135 per share, with a lot size of 1,000 shares. This is a book-built issue entirely comprising a fresh issue of 30 lakh equity shares. The IPO will be listed on the NSE Emerge platform.Smart Horizon Capital Advisors is the sole book-running lead manager, while Maashitla Securities will act as the registrar. The anchor book will open on May 26, 2025. The IPO allocates 8,35,000 shares to anchor investors, 1,56,0..