Land price are set to rise in the 849 surrounding villages of the city with the formation of the Hyderabad Metropolitan Development Authority (HMDA). These villages were merged with the HMDA.Anticipating this, real estate players have already jacked up rates in some newly included areas of the HMDA. For instance, in Wargal mandal of Medak district about 50 km from the city the land price was Rs 1 lakh per acre until last year. But now the going rate is about Rs 10 lakh per acre.Similarly, the land values have sky-rocketed in neighbouring mandals like Shamirpet and Medchal in Ranga Reddy district, where the prevailing price is about Rs 2000 per square yard. Until last year, it was just about Rs 800 to Rs 1,000 per sq yard."The HMDA should concentrate on providing infrastructure in the surrounding areas, only then will the very purpose of forming a highest authority be served," city based architect D T Vinod Kumar told 'TOI'.
The HMDA had approved about 30 layouts in the last few months and another 70 are at different stages of preparation. Realty companies are selling plots claiming land prices would increase further in the metropolitan development area. Even officials concur that the land prices would eventually increase in HMDA area."Layout developers have to pay various charges, including development fee, to get approval. This will have an impact on land prices,'' a senior HMDA official said.After the formation of the HMDA, all other urban development authorities like Buddha Purnima Project Authority, Cyberabad Development Authority and Hyderabad Airport Development Authority have been abolished.
The HMDA covers Greater Hyderabad Municipal Corporation (GHMC), Sangareddy municipality, Bhongir municipality and 849 surrounding villages. The boundaries of the Hyderabad Metropolitan region have been fixed. In the north, its jurisdiction will extend up to Islampur village, Shadnagar in south, Bhongir municipality in east and Sangareddy municipality in west.In terms of area, the area of HMDA would be 7,073 square kilometres, including GHMC's jurisdiction of 625 sq km, 13.60 sq km of Sangareddy municipality, 96.30 sq kms of Bhongir municipality and 6337.70 sq km of 849 villages.
As of now, there is no master plan for the extended area of HMDA. The task of preparing a master plan for the extended area has been entrusted to the Centre for Environmental Planning, Ahmedabad. The HMDA is likely to issue orders in a day or two. It would prepare the master plan in 18 months."With the formation of HMDA, the entire metropolitan region will develop in a planned manner. Already sanctioned projects will be better integrated. The region will also attract more investments,'' HMDA secretary D Rama Rao told 'TOI'. For the convenience of people, the HMDA has proposed zonal offices at Kokapet, Kompally, Ghatkesar and Shamshabad. One more zonal office is yet to be decided. Apart from these zonal offices, 10 service centres are being proposed at Chevella, Sangareddy, Narsapur, Shamirpet, Keesara, Bhongir, Ibrahimpatnam, Pochampally, Maheshwaram and Kothur.
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