Home NEWS Government set to monetise its land parcels in HMDA

Government set to monetise its land parcels in HMDA

Government set to monetise its land parcels in HMDA

Government set to monetise its land parcels in HMDA

HMDA plans to disinvest, sell or lease of government lands within Hyderabad Metropolitan Area, for raising resources to recover the capital cost and maintenance costs of various projects.
| Photo Credit: MOHD ARIF

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.

After identification and assessment of land parcels, the agency will have to also provide projections about the land value appreciation after infrastructural development. After assessment of real estate trends, the agency should be able to suggest the highest and best use for each of the land parcels. Monetisation options approved include sale, lease (long term and short term), and joint development/joint venture. Responsibilities also include bid support and investor handholding.

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

“As metropolitan cities expand their jurisdiction, strategic monetisation becomes essential for public authorities to finance infrastructure, enhance urban services, and drive sustainable economic growth. A well-structured monetisation framework ensures that the increasing demand for land, transport, utilities, and housing is efficiently leveraged to generate long-term revenue while promoting planned urbanisation,” the document reads providing the justification for the measure.

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