The Telangana government has announced plans to establish Future City which is a visionary project on the outskirts of Hyderabad sometime ago.
The project will span 30000 acres with the government already securing approximately 13973 acres. Now an additional 16000 acres will be acquired through a land pooling process.
This ambitious initiative is to foster urban development and positioning Hyderabad as a hub for future growth.
The acquisition of 16000 acres highlights the scale of planning involved with the goal of creating a transformative urban landscape.
Future City is poised to redefine Hyderabad's outskirts becoming a landmark project for the state.
With 30,000 acres earmarked for this project, Future City promises to set new benchmarks in infrastructure and urban planning by paving the way for a modern future.
Apart from this, a real estate boom is anticipated in this region if a clear framework is established.
Realtors need to present a well-defined plan, and buyers must gain confidence in the system, especially in the wake of HYDRA demolitions and allegations of encroached lands.
Hyderabad needs a respite from this turmoil to see real estate growth.