AP News AP News HUDA Bracing For Projects Along ORR
| HUDA Bracing For Projects Along ORR |
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With the work on first phase of Outer Ring Road (ORR) and International Airport progressing at a brisk pace, the Hyderabad Urban Development Authority (HUDA) is getting ready to launch three major projects along the Outer Ring Road (ORR) and in proximity of International Airport this year. HUDA had actually planned for six projects near Poppalguda, Budvel, Shamshabad, Jawaharnagar, Kokapet and Ameenpur for different sectors like IT, ITES, healthcare, hotels and NRIs and high net worth individuals/companies.
Of them, three projects near Shamshabad, Budvel and Ameenpur in Medak would be taken up during this financial year and an announcement is expected in a week's time. Hotel corridor The 150-acre layout at Shamshabad, close to the International Airport, `Regal Broadway', was earmarked for creating a hotel corridor with star and budget hotels. The layout close to the financial district, HUDA's Golden Mile and 60-storey Twin Towers, would have large sized plots that would be auctioned. Medi City to come up in 200 acres at Ameenpur in Medak would be developed for the healthcare industry. It would house medical institutes of national and international repute equipped with state-of-the-art technologies and would also have resorts with modern amenities promoting medical tourism and catering to prolonged ailments and treatments. Another project, `Menefer' would come at Budvel near Himayatsagar lake. Though Budvel was not one of the 84 villages covered under the GO.111, it would only allow villas in plots of one-acre size, mainly intended for NRIs and high net worth individuals/companies, to come up. Other projects on the anvil are a 2,000-acre Giga City in Jawahar Nagar for residential, commercial and educational projects, IT and ITES. About 200 acres in this layout is already allotted to BITS Pilani to set up its Hyderabad campus. The work would commence after the finalisation of the Master Plan exclusively for Jawaharnagar area being developed by a private consultancy. In Kokapet, HUDA would set up SEZ for IT in 125-acre `Calibre SEZ' and another 275-acre layout would be developed for IT and ITES companies. SOURCES: Hindu             |
