Govt. initiates auction of lands

Steering committee headed by CS to guide the process

Following up the decision of the Cabinet at its meeting on May 30 to sell lands and houses under the control of Telangana State Housing Corporation, the State government has initiated the process by issuing a 15-point standard operating procedure (SoP) that should be followed for e-auction of lands. A high-level steering committee headed by Chief Secretary Somesh Kumar has been constituted for the purpose. The government had estimated revenue of ₹10,000 through sale of lands in the budget presented to the Assembly this year. Lands which are not required for any public purpose and located in prime areas will be identified for e-auction in a transparent manner for realising competitive rates. The decision was taken in view of the land parcels that are not required for any public purpose are scattered across the State and since these are in prime areas, they are prone to encroachments and unauthorised possessions.