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Government to monetize its land parcels in HMDA

The HMDA plans to revoke, sell or lease government land in the Hyderabad metropolitan area to raise resources to recover capital and maintenance costs for various projects. |Photo source: Mohd Arif

The Telangana government will go all out to monetize assets and conduct sales/leasing/auctions within the metropolitan area of ​​Hyderabad.

This was also demonstrated by the request for proposals (RFP) notified by the Metropolitan Development Authority of Hyderabad on Monday inviting consultants to “resource mobilize for various projects in the HMDA”.

The RFP document mentioned in the RFP document clearly states that HMDA is launching potential investment/selling/leasing government land in the metropolitan area of ​​Hyderabad to obtain monetization or cross-subsidies to recover capital and maintenance costs for various projects.

The purpose of the consultant is to prioritize the area and size of the land parcels for auction and to identify the land of HMDA and government for auction/development/leasing purposes.

The selected agencies will collect data on HMDA land, as well as detailed information such as ownership, zoning regulations, land use classification and existing infrastructure, and verify and verify the accuracy of existing records. In addition, it will review the current zoning regulations of HMDA, master planning and development policies, review and analyze development control regulations applicable to each land parcel, and determine the limitations and allowances for development.

In terms of transportation, the agency will evaluate the connectivity between land parcels, the transportation infrastructure surrounding each such parcel and access to public transportation.

With regard to water supply, sewage, electricity, waste management, communications and other utilities, all existing and planned infrastructure networks will be included, and their adequacy will match current and future development.

After identifying and evaluating land parcels, the agency must also provide forecasts on the appreciation of land value after infrastructure development. After evaluating real estate trends, the agency should be able to provide the highest and best use for each land parcel. Approved monetized options include sales, leasing (long-term and short-term) and joint development/joint ventures. Responsibilities also include bid support and investor handheld amounts.

Payment to the consultant will be calculated as 0.025% of the final auction amount received by the HMDA. May 27 is the last date for bid submission.

As metropolitans expand their jurisdiction, strategic monetization becomes essential for public authorities to fund infrastructure, enhance urban services and drive sustainable economic growth. A well-structured monetization framework can effectively utilize the demand for land, transportation, transportation and housing, thus effectively promoting the scope designed to promote the scope designed to carry out a range designed to carry out a range designed to carry out a range designed to be measured step by step and thus to make a “work”.

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