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Telangana govt aims to raise up to Rs 10,000 cr via auction of land parcels

Friday, 11 Jun 2021
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The government of Telangana has finalised plans to raise up to Rs 10,000 crore by disposal of government lands and asset parcels that are under the control of various departments, not required for any public purpose and located in prime areas in the state.

The government has now issued standard operating procedure (SOP), including e-auction process for their disposal.

As per the Government Land Allotment Policy it had allotted lands for various purposes to government departments and private organisations and made it clear that they should not be monetised for resource mobilisation.

However, to avoid possible encroachments on these lands, it has now permitted these agencies to dispose of these properties. These land parcels of various sizes and shapes are prone to encroachments and unauthorised possession.

As per SOP, these land parcels could now be monetised through e-auction in a transparent manner and realise competitive rates. These lands will receive accelerated and time-bound approval for layouts and automatic incorporation in Master Plans. All clearances will be made through TS-bPASS – the Single Window System.

The government has permitted the Nodal Agency to engage consultants to arrive at a reasonable price.

It has accorded permission to engage MSTC as service provider to conduct e-auction. The District Collectors have been directed to ensure that the lands are free of any litigation.

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