Scouting for the best bet for next round of land auctions, the government is now eyeing theTelangana Housing Board(THB) land in the city. The State Government has reportedly identified about 540 acres belonging to the housing board in Kukatpally, Pocharam, Raviryal and left-over plots in various locations in the city such as Vengal Rao Nagar.
The state government is learnt to have asked the housing board to hand over certain land parcels owned by it to the Hyderabad Metropolitan Development Authority (HMDA) for holding auctions.
The THB will hand over 32 acres belonging to it in Kukatpally to the HMDA for development of bigger plots each about one acres to one and half acres, mainly for commercial and mixed-purpose development. The auction will take place only after layout development.
The government has already instructed theRajiv Swagruha Corporationto sell the left-over areas at Pocharam and is also planning to sell some left-over plots in villages which it is also developing as IT hub in the eastern part of the city.