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| Rishabh Modi/Unsplash |
The Telangana Government has junked a GO-111 order that existed for 26 years and as if out of the woodwork, 1.32 lakh acres of land have been unlocked for realty development, spanning 84 villages near Hyderabad.
What the law said
No industries and construction within a stretch of 10 kilometres from the Himayat and Osman Sagar reservoirs and catchment zones, on the outskirts of Hyderabad.
What it's revocation means
Developers now have access to an additional 538 sq. km. of prime land for development in Greater Hyderabad. The Go-111 revocation will boost not just high-rises but also villas and G+5 structures.
🔮 While land rates are approximately around INR 2-10 crore per acre currently, it may increase by 10-15 times per industry players. There could also be a brand new eco-friendly city coming up in this zone if the grapevine was to be referred to.
The Government’s take
While the Government is expectedly being slammed by environmental activities, Chief Minister K Chandrashekhar Rao has already poured out his clarification.
The Government’s take
While the Government is expectedly being slammed by environmental activities, Chief Minister K Chandrashekhar Rao has already poured out his clarification.
According to him, the city is no longer dependent for water supply upon these two reservoirs, limiting the need to go ahead with prevailing restrictions. Hyderabad now consumes over 600 million gallons of water each day and the two reservoirs combined contribute just 1% of this figure.
The Government has also promised to maintain the reservoirs' water quality and ecosystem.
The Government has also promised to maintain the reservoirs' water quality and ecosystem.
♒ Multiple sewerage treatment plants will come up
♒ Treated water will be diverted away from the lakes via canals or pipelines, and
🍀 Green zones (development-free) will also be set up by the Government throughout the entire zone.
Oh boy, do we hear sparkling water fizzing in the meantime?