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Andhra Pradesh - Hyderabad Printer Friendly Page   Send this Article to a Friend

YSR approves proposal for 1,360-crore ring road project

By Our Staff Reporter

HYDERABAD, SEPT. 19. The Chief Minister, Y.S. Rajasekhara Reddy, has agreed, in principle, to the Hyderabad Urban Development Authority's proposal for a 159-km second (outer) ring road at an estimated cost of Rs. 1,360 crores.

At a review meeting on development of satellite townships in continuation of the massive programme to develop land banks on Saturday, he asked officials to go ahead with land acquisition and put together a detailed project report.

He also agreed to HUDA's proposal for developing 22 new mega townships by acquiring 20,000 acres of land.

Dr. Reddy sat through a presentation on land development by urban development authorities (UDAs) and municipalities where the suggestion that UDAs acquire land and sell fully developed plots to individuals for housing and other purposes was put forward.

Call to identify land

In order to kick-start the work, Dr. Reddy is said to have decided that Government vacant lands maybe identified and handed over to the UDAs concerned or urban local bodies. This could be used to raise seed capital and facilitate its investment in development of future townships.

The Andhra Pradesh Housing Board, too, would be involved in the development of such sites and money thus generated could be ploughed back for developing townships around existing urban local bodies.

Action plan sought

Accordingly, officials have proposed to acquire 1,600 acres under the Visakhapatnam Urban Development Authority at a cost of Rs. 80 crores to develop 32,000 plots for housing, 50 acres at Rs. 18 crores to develop 600 plots in 20 acres and a truck terminal.

While dwelling on the concept of satellite townships, Dr. Reddy asked officials to prepare an action plan and formulate guidelines within a week for developing them with the required civic amenities.

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