Business Daily from THE HINDU group of publications Monday, Jan 14, 2008 ePaper | Mobile/PDA Version |
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Industry & Economy
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Real Estate & Construction States - Andhra Pradesh Five townships to come up near Hyderabad
Ensure proper planning of the new townships: CM Dr Reddy had also approved the draft master plan of Tellapur Techno City Township. Our Bureau Hyderabad, Jan. 13 The Hyderabad Urban Development Authority (HUDA) will develop five world class townships in and around Greater Hyderabad. The Chief Minister, Dr Y.S. Rajasekhara Reddy, had given his in-principle approval for HUDA’s proposal on new townships at a review meeting here on Saturday, according to a release. The five townships proposed to be developed are Jawahar Nagar, Discovery City at Srinagar, an NRI Township at Budvel, Techno City at Tellapur and Medi City in Ameenpur. Observing that the Hitech City had become very congested without any scope for further development, the Chief Minister had asked the HUDA officials to ensure proper planning of the new townships. Jawahar Nagar projectOn the proposed development of the Jawahar Nagar region (situated to the north of Hyderabad), the HUDA officials explained to the Chief Minister that the township, once fully completed, would provide four lakh direct and indirect jobs and would attract 40 per cent of the population from other areas. The presence of reputed institutions such as BITS Pilani, and lakes and resorts would be an added advantage, they said. The proposed township would come up on 2,118 hectares of land. Other proposed projectsDr Reddy had also approved the draft master plan of Tellapur Techno City Township, which is to be developed in a self-contained and self-sustainable manner. For the Discovery City that is to come up at Srinagar in the city, the developers (Ramky Group) had submitted the draft development agreement for HUDA’s approval. The other townships were proposed to be developed at Budvel near Rajendranagar (for non-resident Indians) and Ameenpur (for medical institutions). Beyond Hyderabad, cities and towns like Visakhapatnam, Vijayawada, Tirupati, Kurnool, Guntur, Warangal and Nellore would also be developed, the Chief Minister said, according to a release. More Stories on : Real Estate & Construction | Urban Development | Andhra Pradesh
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