Telangana Industries Minister KT Rama Rao said that the State Government had taken back over approximately 1,200 acres land till 2020 from different industries, which had failed to fulfill the requirement after land allotment.
Talking about the Azamabad Industrial Area Bill, 2022 in the Assembly on Tuesday, KTR said that the Azamabad industrial area was spread over 136.4 acres in Hyderabad.
“In the last 30 years, a few units were operating and a few cases had shut the units. When the units fail to fulfill the requirement, the State Government takes the lands back”, KTR added.
He further stated that the existing leases or arrangements made into the demised plots in the Azamabad area were terminated by the Industrial Area. As many units had stopped operating and considering the interests of surrounding residential constructions, it was decided to monetize the valuable lands.
The Telangana State Government also proposed to constitute the Mulugu Municipality duly merging Bandarupalli and Jevantharaopally gram panchayats with Mulugu Gram Panchayat.
Meanwhile, along with the Azamabad Industrial Area (Termination and Regulation of Leases Amendment) Bill, Telangana Goods and Services Tax (Amendment), Bill, the Municipal Laws (Amendment) Bill, Telangana Public Employment (Regulation of Age of Superannuation) Bill and University of Forestry Telangana Bill were passed in the Assembly on Tuesday.
