Hyderbad: Big plans exert strain on purse
Centre offered to build flyovers near Uppal crossroads and LB Nagar crossroads, which are also part of highways.
Hyderabad: Major road infrastructure projects, including flyovers and road widening cleared by the Centre are still to take off as the TS government is unable to pay the high prices to acquire land at places like Uppal, Amberpet and LB Nagar.
For example, for the Rs 1,400 crore-worth first phase of the Strategic Road Development Programme, the land acquisition cost was pegged at Rs 3,500 crore. At Jubilee Hills check post alone, the government needs to pay nearly Rs 1,500 crore as compensation to acquire private properties.
With land compensation amounts surpassing project costs by almost two-to-three times, all infra projects have come to a grinding halt. Officials are exploring options like allotting alternative land to property owners on the city outskirts.
Owners are opposed on the ground that the land prices on the outskirts are no match for Jubilee Hills, where a square yard of land costs over Rs 1 lakh.