Date: 08-JAN-2017
L&T focus is shifted to Corridor-II
In order to complete the project quickly the L&T focus has shifted to start corridor-II with a proper plan.
The corridor-II which is of route length 10.06Km from Jubilee Bus Station to Falaknuma and which also connects to other corridors of I & III.
Already two months notice has issued to the owners to vacate the place at Badichowdi and Sultan Bazaar and the registration value(per square yard) is offered to the owners i.e beyond the market value. More than 200 properties were acquired.
Registration value is Rs 52,000 per square yard but, Hyderabad Metro Rail(HMR) offered Rs 1,04,000 per square yard. If in case the owners don’t accept the compensation, the amount would be deposited in the court-by senior official of of HMR.
While the pillars at Badichowdi and Sultan Bazaar has already laid but few civil works are still pending by GHMC. Already the land acquisition problem is solved and the compensation is given to the majority of the owners.
HMR Managing Director N V S Reddy said, “Works would move at a fast pace now and the road widening on Badichowdi and Sultan Bazaar would be taken up on priority.”
Sultan Bazaar Traders Joint Action Committee chairman Govind Rathi says, “Pipeline is laid but the debris has not been lifted. The place is dusty and causing inconvenience. Our requests have gone unheeded. If the work is not expedited, we would go on an agitation.”
A P Prasad, property in-charge of Ramnarayan Bhavan, said, “We would be losing 40 sq yards.”.
For other business owners the entire land is occupied by HMR. Satish, the owner of Kabalavai Satyanarayana & Son Jewellers, says, “We would be left with just a few square yards and there is no way we can build a structure again.”
