Q:
Hi. I heard that the Telangana government is going to make changes that will immediately uplift the realty market of Hyderabad? What are these various steps and techniques?
Do you know why Hyderabad has only one or teo tall structures? Because of a very stupid rule that was carried out by the old government, where buildings that grew taller had to pay extremely high amount of money. A fast developing city needs vertical growth not horizontal growth. If the latter is carried out, then this would just eat up all of the land, not to mention the infrastructure.
vertical growth will come when the government strictly disallows new plotting activities around the cities/towns.. farm land should be used for farms.. Plots in inner city are unbuilt/undeveloped why is the city getting extended? Plotting activity should be done in a more phased manner and with proper approvals from non corrupt governments... which ofcourse is impossible in india
22nd November 2014
Yeah the fact that internal roads can't have easy access to ORR is unbelievable. Especially considering that even busy national highways don't restrict access to it from land located along it. So many projects along the ORR that take up thousand of acres cannot be carried out because of this idiotic rule where there can be no access to the ORR from the side roads.
Haritha come out of the rural mentality that most of us indians are in..already india is the capital of road accidents and illegal driving bacause of this sick mentality...go visit some other countries and see how expressways are built.. just because some idiot wants access to expressway they dont give it.. there are rules to how suburbs and communities are built and have access to expressways.. the hyderabad ORR is the best international standard road india has and no one should change what is happenning there.. if possible they should collect more toll and look for extending it by few more lanes or towards ghatkesar ettc.
22nd November 2014
I think the first thing that the government is trying to work on, is removing the size restriction for acquiring layouts. The minimum size required for plot layouts is 10 acres and fo villa layouts it is 5 acres. This has literlly led to bottling up of land near the suburbs and people are finding it difficult to sell their properties.
these rules need to be looked into on a suburb by suburb basis..I dont expect the government to make changes with plotting rules near mokilaa/adibatla etc?
22nd November 2014
There's another very bizarre rule that the previous government had implemented regarding plots and villas. The requirement for roads for villa layouts need to be 30 feet long and for plot developments, roads have to be 40 feet long. This doesn't make sense because villa layouts will have more traffic that will also start much earlier on.
these are called setting standards, just because some 2-3 greedy pigs in a company want to get even more richer you dont expect the whole 2 billion indians to suffer..
22nd November 2014
Yes in relation to that, the new government is trying to remove these road disparities because it is making the cost of plots very expensive as the sellable area for the plots have reduced. And now of course, there's a 40 feet road here. Most of these plotted developments are empty and vacant also.
The government should apply upto 5% per year taxes/fines property value for unbuilt lands.. in most of the western countries that is the case.. Bloody in areas like kondapur gachibowli plots are going unsold for 1-2 years, no real building activity going on in these areas and idiot developers are selling new lands between city and mokila etc. so when do you think the land between gachibowli and mokila be fully developed?
22nd November 2014
Yes this is true. 1000s of acres of land are now unusable because of this minimum land size restriction. And now landowners are finding it extremely difficult to find any buyers because no developer is interested in developing such small size land spaces. By rendering land unusable, the government is actually taking away the fundamental right of citizens to sell their properties.
hahaha are there real buyers in the market anyways? i think in these cases the govt should buy the land or negotiate with the neighour.
22nd November 2014
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