FCC

Hyderabad Metro Phase 2: 800 Properties Set To Be Acquired

2024-12-27

Hyderabad's metro phase-2 expansion, from MGBS to Chandrayangutta, has reached a major milestone with notifications issued for the acquisition of 800 properties. This expansion is vital for enhancing the city's metro network.

As per a statement from the Hyderabad District Collector, an agreement has been reached with property owners regarding compensation.

The compensation agreement includes Rs 81,000 per square yard, plus construction value, which was finalised after extensive discussions with property owners. Affected individuals are invited to visit Metro Bhavan in Rasoolpura, Begumpet, to provide their consent for the compensation. Once consent is given, the full compensation will be disbursed via cheque within 10 days.

This development underscores the government's commitment to ensuring fair compensation and a smooth land acquisition process for public infrastructure projects. It also highlights the government's focus on advancing the city's metro expansion while compensating property owners adequately.