Government set to monetise its land parcels in HMDA
The Hindu
Telangana government plans asset monetisation in Hyderabad, inviting consultants to strategize land sale/lease for infrastructure development.
The Telangana government is all set to go full steam into asset monetising, and sale/lease/auction of the government lands in the purview of Hyderabad metropolitan area.
A request for proposal (RFP) notified by the Hyderabad Metropolitan Development Authority on Monday, inviting consultants for ‘resource mobilisation for taking up various projects in HMDA’ is a proof of the same.
The RFP document mentioned in unambiguous terms that the HMDA is initiating potential disinvestment/sale/lease of government lands within Hyderabad Metropolitan Area, for monetising or cross-subsidising to recover the capital cost and maintenance costs of various projects.
The consultant is being appointed with the aim for prioritising the areas and sizes of the land parcels to be taken up for auction and identifying HMDA’s and government’s land for monetising or acquisition for the purpose of auction/development/leasing.
The selected agency will gather data on HMDA lands along with details such as ownership, zoning regulations, land use classification and existing infrastructure, and verify and validate the existing records for accuracy. Further, it will review current zoning regulations, master plans and development policies for HMDA, review and analyse the development control regulations applicable to each land parcel, and identify restrictions and allowances for development.
On the transport front, the agency will evaluate the connectivity between the land parcels, the transportation infrastructure around each such parcel, and access to public transportation.
All the existing and planned infrastructure networks will be factored in, with regard to water supply, sewage, electricity, waste management, communication and other utilities, and their adequacy will be matched with current and future development.
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