The Telangana government’s industrial policy has set the momentum for industries to begin investing in the state. The policy is focusing on sectorial development. Adilabad (Mancherial, Mandamarri), karimnagar (Peddapalli, Godavarikhani), Khammam (Kothagudem, Bhadrachalam), Nalgonda, Ramagundam regions have potential to set up industries and house a large migrant population, states S Ram Reddy, general secretary, CREDAI Hyderabad. “Mancherial, Peddapalli, Ramagundam, Godavarikhani and Mandamarri form a cluster of towns within a 50-60 km radius. These areas will witness a rise in real estate as a result of the industries being set up around them. BhadrachalamKothagudem is also a major belt for urban development,“ says Reddy. As the focus on these areas has heightened, the roads are being developed.
The areas need a master plan and zonal regulations that demarcate industrial areas, manage hazardous waste, drainage systems, residential zones, and so on, to be set before projects can go on ground. “Initially the government will give land at subsidised rates.After facilities such as drainage and roads are in place, industrial estates can be developed. The gov ernment has to allot 25 per cent of land around industries for employee’s resi dences. Integrat ed townships will be the most con venient format here. At later stages private town ships and independent houses will sprout up,“ says P Chandrashekhar Reddy, ED, Servomax India Pvt Ltd.
Tier 2 cities with educational institutes such as Warangal and Nizamabad will also witness an increase in property prices over the next couple years as investors set up base here. Initially companies will have to begin work from make shift campuses and later move into their own campus stated Ramesh Loganathan, president, Hyderabad Software Enterprises Association. “This industrial policy has turned around the negative sentiment and doubt created in the minds of investors after the bifurcation into a positive perception for the state. Hyderabad has the right infrastructure, is a very affordable metro and has radial connectivity which is bringing investors back to the city,“ added Loganathan.
The 1st phase of industrial corridors that will be developed are the Hyderabad-Warangal corridor, Hyderabad-Nagpur corridor and Hyderabad-Bengaluru corridor. In the second phase, the Hyderabad-Mancherial corridor, Hyderabad-Nalgonda corridor and Hyderabad-Khammam corridor will be developed. The intention, say industry analysts, is to create at least two core sector specific industrial parks for each sector.This will ensure that the benefits of industrialisation reach every district of the state, as each will have 2 or more industrial parks. Mahesh A U, vice president, Augni Solar says, “The corridors will be modelled after Special Investment Zones such as the DMIC or the PCPIR. While the available government lands will be utilised to spark industrial activities in the corridor, the privately held lands will also be regulated through special zoning regulations so that the desired growth of industries and support facilities can materialise.“
Given the strength of the natural resources and geographic connectivity, other districts have tremendous potential to grow as the next urban centres as well. Jyotsna Angara, chairperson FLO says, “The districts need a phase wise and layered approach. This will support sustainable socio and economic growth. Medak, Warangal and Rangareddy districts have potential to witness growth in phase one primarily because of the close proximity to Hyderabad and national and international connectivity.Other than the basic infrastructure, there must be good educational institutions, healthcare facilities, and domestic airports.“ Land is vested with TSIIC for the purpose of setting up an industry. As per the TS-iPASS rule book, TSIIC will be the designated authority for all such land and shall take necessary actions including setting up of IALAs for management of such lands. Since the said land is meant for setting up an industry, no conversion of land would be needed and thus no conversion charges will be collected for such lands, unless otherwise stated by the government. The layout approvals and building plans for proposals pertaining to these lands shall be accorded by TSIIC after collecting the required fees. Ten per cent of water from all irrigation projects is earmarked for industrial use and bulk charges will be paid by TIISC. In case the land is allotted by the government or TIISC, the company or allottee has to complete financial closure within a year and start operations within two, failing which the land will be taken back. The transparent online mechanism that has been created to facilitate industrial development through the TS-iPASS website has brought hope of interest from all over the world, as the key issues of industry land, water and power have been looked at and ease of delivery promised.
Note: The above information posted is taken from magicbricks