Hyderabad: Osmania University is set to review its land lease with 17 institutions, which occupy 120 acres on the campus and ask some of them to move out. Some of the agreements date back to 1966, when land was leased out at Re 1 per acre.
A senior university official said, “The leases were not done at uniform rates. While some land was given at Re 1 per acre, some were charged a lump sum amount.”
The AP (TS area) Non-Agricultural Land Lease Rules were drawn up in 1977 and rates were revised in 1996. “All the agreements should be realigned as per these rules so that there can be uniform pricing. We have asked the higher education department for permission to conduct the review,” the officer said.
Conditions were different when the land was given to these institutes three to four decades ago. Some of them are now well settled, he said.
The Institute of Public Enterprise was given five acres on 99-year lease in 1966. It now has a 21-acre campus in Shamirpet but has not shifted out of OU.
An IPE official said, “IPE is an Indian Council of Social Science Research institute and runs research and training programmes at OU. We will not be moving out.”
