Minister for Municipal Administration & Urban Development Ok.T.Rama Rao launched the ‘Lakes Development Programme’ on Tuesday, by way of which the federal government seeks handy over town lakes to actual property builders and builders for his or her rejuvenation and beautification.
Already, a number of lakes have been adopted by non-public firms for improvement underneath company social duty initiatives. The newest addition underneath the programme will likely be 51 lakes within the metropolis, of which 26 are underneath the purview of GHMC and the remaining underneath HMDA.
Copies of MoUs signed with the actual property firms had been handed over to firm representatives by the Minister on Tuesday, after launch of the programme at Khajaguda Lake.
Speaking on the occasion, Mr.Rama Rao mentioned that peripheries of the lakes will likely be beautified by creating strolling tracks, landscaping, open gyms, seating preparations, bathrooms, lights for night walkers, play space for youngsters, gazebos, amphitheatres and different services.
Urging the businesses to hold out the event course of to world-class requirements, the Minister mentioned with the programme, there will likely be extra head-turners on the strains of Durgam Cheruvu.
Mr.Rama Rao mentioned transferable improvement rights (TDRs) are being issued for personal lands in lakes. So far, TDRs have been issued for 115 acres of personal lands in 13 lakes, price 200% of the market worth.
Full Tank Level and buffer zones of all of the lakes have been demarcated, and each 5 years, the boundaries are revisited by way of satellite tv for pc maps to forestall encroachments, he mentioned.
Denying allegations that lakes are being given away to builders, he mentioned their position ends with improvement and beautification. In case of complaints, one might contact Special Chief Secretary of MA&UD Arvind Kumar or GHMC Commissioner D.S.Lokesh Kumar.
He referred to as upon the real-estate builders to return ahead to undertake all 185 lakes inside GHMC limits.
Speaking of the speedy development in Hyderabad in the course of the previous eight years in a number of sectors, Mr.Rama Rao attributed it to infrastructural improvement.
In future, Hyderabad may have a minimum of 250 kms of Metro Rail line in and across the metropolis and a whole fleet of electrical buses. Stating that no different metropolis in India has the longer term and potential that Hyderabad has, the Minister revealed plans for the growth of medical gadgets park, one other world-class movie metropolis, a sports activities metropolis of worldwide requirements, and an instructional metropolis.