K Chandrasekhar Rao the Chief Minister has finally understood the advantage of prime land in the state capital as an asset for infrastructure development programs. His aides say that he is more or less doing a YSR in disposing prime land for advantage though in a different pattern.
KCR needs nearly 10,000 crore for the water grid and another 6500 for kakatiya mission programs. CM does not want to raise any public debt as it could be more an impediment in future and place hurdles in his mega infrastructure programs for the state – roads, sports city, smart city, film city, Pharma city etc.
Whereas, 9000 crore for first budget through selling of lands. There were huge irrigation, R & B and Panchayat guest houses in all the districts and border towns. They include prime land of Government guest houses in capital city and also the district towns whose valuation is assessed at Rs. 17,000 crore worth.
And the officials stated that the areas like Basheerbagh, Khairatabad, Panjagutta, Amberpet, Masab Tank, bids etc will be hired out to restore the concern. Majority of these offices are located in the main roads and central housing government for joint capital.
They move to demand rent from the AP government for operating in Telangana buildings other than the office of CM. The government lake view guest house and it’s on residence to farm house will sought opinion to them. “But how can we have more than one camp office in Hyderabad?”.
“We will use the present buildings in prime locations for commercial purposes, auction them and raise funds for public welfare and development activites,” says KCR