In a bid to convince land owners to part with their property for the prospective Hyderabad Pharma City, the government of Telangana has offered an additional 121 sq yard (a gunta) developed plot per acre (4,840 sq yard) of land given for the project as part of the compensation package.
They will also get compensation as per the Land Acquisition Act 2013.
A blueprint of a nearly 500 acre residential layout, developed within Hyderabad Pharma City for the affected property owners, was unveiled on 14 April 2021.
The government had acquired about 11,000 acre of land for developing Hyderabad Pharma City near Shamshabad in Rangareddy district, being touted as a world-class sustainable industrial cluster.
Besides compensation for the land acquisition as per the Land Acquisition Act, the government had earlier assured those who gave land for the project that at least one eligible member per family would be given a job.
The housing colony, being developed in an extent of nearly 500 acre, will include multiple zones with self-contained common facilities like market place, PHCs, sports complex, etc.
With an estimated development cost of Rs 306 crore, the layout will have wide road network, street lights and drainage system.
Along with the basic infrastructure, the layout would have community hall, hospital, public school or college, play area (cricket nets, volley ball court, meditation area, kids’ play area), parks, general store, police station, temples and graveyard.