As part of Hyderabad’s Old City metro corridor project, officials, on Saturday, December 21, initiated the process of property acquisition for Corridor VI, which will connect MGBS to Chandrayangutta. Notifications have been issued for the acquisition of 800 properties along the proposed route.
To speed up the process, officials have
discussed and finalised compensation rates with property owners. The state government will pay Rs 81,000 per square yard, along with the construction value of the properties.
Owners willing to accept the compensation can visit Metro Bhavan at Rasoolpura, Begumpet, and provide their consent, read a statement from the city’s district collector.