This story is from September 27, 2021

Telangana govt postpones Puppalaguda auction as HC stay hits plan

In a setback to state’s plan to raise over Rs 5,000 crore from land sale, the government has had to postpone the e-auction of 22.7 acres in Khanamet and 94.5 acres in Puppalaguda scheduled on September 27 and September 28 respectively.
Telangana govt postpones Puppalaguda auction as HC stay hits plan
Image used for representational purpose
HYDERABAD: In a setback to state’s plan to raise over Rs 5,000 crore from land sale, the government has had to postpone the e-auction of 22.7 acres in Khanamet and 94.5 acres in Puppalaguda scheduled on September 27 and September 28 respectively.
The auction has been postponed in the wake of two stay orders last week by the high court on 11 acres and 18 acres in survey number 301 in Puppalaguda.
The dispute is over land notified by Centre for refugees from Pakistan during the Partition. The state has claimed ownership and refused to accept documents furnished by petitioners who have taken the government to court. The state has now approached the Supreme Court against the high court stay.
The government had planned to cash in on the real estate boom in Hyderabad’s IT corridor and raise around Rs 5,000 crore in this second round of e-auction. The previous e-auction of Kokapet and Khanamet land parcels in July had fetched Rs 2,700 crore. But the Kokapet land too has been under scrutiny of high court since the auction for alleged violation of green norms under GO 111.
Expressing regret over the postponement, industries and commerce department principal secretary Jayesh Ranjan said: “The government’s intention has always been to auction land after ensuring clear titles. Some unscrupulous elements have filed frivolous cases regarding land identified for auction, even though the title matter has been well-settled by Supreme Court in government’s favour. In order to provide complete assurance to prospective buyers, the government will ensure speedy disposal of all pending cases before the process of auction is resumed.”
The latest auction plan was for 9 plots measuring 22.7 acres at Khanamet village of Serilingampally mandal and 26 plots spread over 94.5 acres in Puppalaguda village in Gandipet mandal of Rangareddy district. These land parcels are located close to the Outer Ring Road (ORR) in the heart of West Hyderabad and surrounded by commercial hubs, recreational zones and transportation facilities.
The land was being auctioned by the Telangana State Industrial Infrastructure Corporation (TSIIC).
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