Latest news with #GO111
Hans India
30-07-2025
- Business
- Hans India
Property Prices Rise Near Airports in India: Report Shows 74% Growth in 5 Years
A new study shows that land and apartment prices near airports in India have gone up more than other areas. This increase happened between 2021 and 2025, after the COVID-19 pandemic. Experts say the demand for property may rise up to 50 km around airports. Land Was Very Cheap 25 Years Ago Before the airport came to Shamshabad, land was very cheap. In the year 2000, one square yard cost only ₹500. But now, in busy areas near the airport, the prices are shooting up the sky. In places like Madhapur and Gachibowli in West Hyderabad, prices increased even more. Since those places became too costly, buyers and builders started focusing on the areas near the airport. Now, many apartments, villas, and tall buildings are being built in Budvel, Satamrai, Shamshabad, Mamidipalli, and Thukkuguda. These areas are about 25 to 50 km away from the airport. What Are the Prices Now? According to a report by Square Yards: Flat prices near the airport are ₹6,000 to ₹8,000 per square foot. In other busy parts of the city, flat prices are ₹9,000 to ₹11,000 per square foot. Plot prices near the airport are ₹55,000 to ₹60,000 per square yard. In other areas, plot prices are ₹75,000 to ₹80,000 per square yard. What Will Happen Next? A local builder said growth near the airport was slow in the beginning. This was because of rules like GO 111 and fewer job opportunities. But in the last 4–5 years, development in South Hyderabad has picked up. Now, one acre of land in villages near the airport costs up to ₹4 crore. Some faraway places still have land between 5,000 and 10,000 square yards. Villas in this area cost about ₹1 crore and are just 5 to 10 km from Shamshabad and the ORR (Outer Ring Road). New Plans for the Area The government is working on new roads and services in Shamshabad, Thukkuguda, and Maheshwaram: A metro train line may be built from Nagole to the airport. A new High Court building is coming up in Rajendranagar. New industries are opening in Maheshwaram. A jewellery factory was opened recently by the CM. If the planned Regional Ring Road is built, Shamshabad will grow even faster. Schools, colleges, and spiritual centers already exist there. Many builders are planning to make homes for retired people, and big companies are buying land to build townships.
Time of India
29-07-2025
- Business
- Time of India
Telangana eyes Rs 3,000 crore from prime land auctions
Hyderabad: With state finances under pressure, the Telangana govt is turning again to high-value land sales to raise funds for key projects. It is preparing to auction 66 acres of prime land, including—for the first time—plots in Osman Nagar — in a move that could fetch the exchequer up to Rs 3,000 crore. Tired of too many ads? go ad free now Seventeen land parcels are up for grabs, with four in upmarket Raidurg and the rest in fast-developing Osman Nagar. The TGIIC recently floated a request for proposal, seeking transaction advisors to assist with the auction process. Bids for advisors must be submitted by Aug 8. This follows the govt's failed attempt to auction 400 acres at Kancha Gachibowli earlier this year. Learning from that, officials are now targeting smaller, high-value plots to attract serious investors, sources said. The transaction advisor will be finalised by mid-Aug, setting the stage for one of the biggest land auctions in the state's recent history. The Raidurg parcels, close to Hyderabad's tech corridor, are expected to be hotly contested. One 7.67-acre plot carries an upset price of Rs 50 crore per acre (market value is Rs 71 crore), while an 11-acre parcel is priced at Rs 44 crore per acre (market value is Rs 63 crore). The govt expects bidding to push prices beyond Rs 100 crore per acre. Two smaller Raidurg plots are expected to fetch Rs 2.16 lakh per sq y, well above their Rs 1.55 lakh upset price, thanks to their proximity to metro access and IT hubs, and institutional zones. The area is home to global capability centres and top tech firms. Meanwhile, Osman Nagar, located near Kokapet and Mokila, is emerging as a new growth zone. With fewer land-use restrictions due to its proximity to the GO 111 conservation zone, it's drawing developer interest. TGIIC has identified 13 parcels here, priced at Rs 16 crore per acre (market value Rs 24 crore). Officials believe competitive bidding could push prices up to Rs 30 crore per acre. The largest plot in Osman Nagar is 17 acres, with others ranging down to just one acre.
Time of India
20-06-2025
- Politics
- Time of India
FGG flags building convention centres near Hyderabad's Gandipet in violation of GO 111; municipality claims no records, forum urges CM Revanth Reddy to act
The Forum for Good Governance has raised concerns over the construction of convention centers near Gandipet lake in Hyderabad, alleging violations of GO 111 HYDERABAD: In apparently a breach of govt order (GO) 111 prohibiting construction around catchment area of Gandipet lake, many convention centres are being built in the area. The issue has been flagged by the Forum for Good Governance (FGG), which said that the Narsingi Municipality has been giving evasive replies to Right to Information (RTI) application seeking information on permission status for these convention centres. "Records do not exist" was the cryptic response by the municipality on whether Neo Convention, Aarya Convention and K Convention applied for or received permission for construction, the FGG said. In its written reply, the Narsingi Municipality stated: "It is to inform that as per the available records, the said constructions were completed way back in the then gram panchayaths and the building permission details are not handed over to Narsingi Municipality during the merging." FGG flags violations In a letter addressed to chief minister A Revanth Reddy, the FGG raised serious objections to the construction of these facilities within 500 metres of the Gandipet lake in violation of GO 111. The letter signed by FGG president M Padmanabha Reddy pointed out that while some of the convention centres were already operational for over a year, others were still under construction. The forum also included maps and photographs of the sites located in Zanwada village of Shankarpally mandal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Free P2,000 GCash eGift UnionBank Credit Card Apply Now Undo "The gram panchayat of Zanwada has said that nobody approached them and no permission to any construction of convention centres was given," the letter to the CM read. FGG also questioned the absence of house numbers or property tax records for the buildings. "If they were constructed long back, there should have been proper house numbers and regular property tax should have been collected," the letter stated. CM intervention sought FGG urged the CM to initiate a detailed inquiry into the matter, identify officials who allowed the construction to proceed without due process and demolish all illegal structures near the lake. The forum stressed the need to protect Gandipet lake ecosystem and uphold the norms set out in GO 111.
Hans India
02-05-2025
- Politics
- Hans India
Telangana High Court Questions Illegal Buildings Near Protected Hyderabad Lakes
The Telangana High Court is worried about too many buildings being built near Osman Sagar and Himayat Sagar lakes in Hyderabad. On Wednesday, the court asked top officers to explain, in four weeks, why large buildings like convention halls are allowed near the lakes. These areas are protected by GO 111, which bans such work. The court sent notices to the state government, irrigation and city departments, and the Pollution Control Board. The judges also sent notices to the owners of five big halls built in the banned area. GO 111 says that no concrete buildings can be made within 10 km of the lakes. This area is called a bio-conservation zone and is meant to protect nature and water. The court was looking into a case filed by Mandadi Madhava Reddy, a local man from Moinabad. He said the government is not stopping the building work, which breaks the rules of GO 111 and harms the lakes and nature. His lawyer told the court that five big halls have already been built in Janwada, and each one can hold 5,000 people. He said the waste from these events goes into the lakes. The crowds and cars also cause air and water pollution and make traffic worse. He also said that these buildings have removed trees and blocked the natural flow of water. This is bad for the environment. The lawyer blamed the government for not enforcing the rules. He also said that HYDRAA, a special group meant to protect the lakes, has failed to stop the illegal buildings.
Time of India
02-05-2025
- Politics
- Time of India
Telangana HC issues notices to government over any concrete construction in GO 111 zone
HYDERABAD : Expressing serious concerns over unbridled urbanisation around Hyderabad's crucial water bodies , Telangana high court Wednesday sought an explanation from senior officials within four weeks on how large-scale constructions—particularly convention halls—were being allowed within the eco-sensitive catchment areas of Osman Sagar and Himayat Sagar, despite explicit prohibitory orders under GO 111. The court issued notices to the state govt, irrigation and municipal administration departments and Pollution Control Board. A bench, comprising acting Chief Justice Sujoy Paul and Justice Renuka Yara, also issued notices to the owners of five such convention centres, seeking their responses to the allegations made against their structures. GO 111 prohibits any concrete construction activity within a 10-kilometre radius of the twin reservoirs, an area officially notified as a bio-conservation zone to protect the water bodies and surrounding environment. The bench was hearing a PIL filed by Mandadi Madhava Reddy from Moinabad mandal in Rangareddy district. The petitioner questioned the inaction of the state machinery in preventing the emergence of large-scale constructions within the prohibited zone, arguing that such developments violate the provisions of GO 111 and pose a significant threat to the environment. Petitioner's counsel, P Sasidhar Reddy, submitted to the court that five large convention centres had already come up in Janwada within Moinabad mandal, along with several others, in areas falling under GO 111 restrictions. He pointed out that each convention hall can accommodate up to 5,000 people, generating vast amounts of waste and sewage, which ultimately find their way into the twin lakes. The influx of large crowds and vehicular traffic, he argued, would increase air and water pollution and worsen traffic congestion in the area. The counsel further highlighted that these structures, along with their massive compound walls, have replaced significant green cover with concrete, disrupting the natural flow of water and contributing to ecological degradation. He also criticised the govt for its alleged failure in enforcing environmental norms, claiming that even HYDRAA, the specialised agency created to protect the lakes, has been unable to curb the construction activity within the bio-conservation zone.
