| The government of AP yesterday cleared the much awaited rules for the growth corridor stretching 1 km either side of the ORR. The Land Use of this entire zone is classified as Multipurpose Use Zone excluding the areas specifically earmarked for Roads, Open Space and Recreational, Transportation and Public Utilities and Amenities Zone. Special Development Zone / Multi purpose zone means Residential (new growth as well as existing settlements), Commercial though Commercial activity shall be allowed at all locations only on roads 18 mtrs wide and above, Social Infrastructure, Institutional, Work Centres excepting industries, Any other non polluting non hazardous use not specified.Although these rules have been framed, areas covered under G.O.Ms.No.111 MA dated 08.03.1996 (protection of Catchment area of Osmansagar and Himayatsagar lakes), the restrictions on building and development activity imposed in the said Government order would be applicable.Further the government has set new regulations on the Minimum developable independent plot size for Apartment Complexes and all other non-residential uses at 1000 sq mtrs with a minimum abutting road width of 40 Ft.The minimum layout size for residential plotted development shall be 4 hectares, layouts shall have minimum internal road width of 9 mtrs, Earmark minimum of 10 % of total area for parks, Reservation of 5% of total area for EWS Housing, 5% of total area to be given free of cost to HUDA/HADA for disposal for residential/commercial use, 2.5% for social infrastructure such as schools, dispensary/hospital, Earmark specific sites for bus stands, auto stands, garbage collection points, etc. 5% for LIG with area of 100 sq. mt and 5% for MIG with area of 200 sq. mt to be reserved and sold and such plots cannot even be amalgamated to make bigger plots. Even in apartments the government has insisted for 5% EWS with 20 Sq. Mt area, 5% LIG with 40 Sq. Mt. Area and MIG with 60 Sq. Mt area.All properties abutting the ORR would mandatorily have an open buffer (minimum building setback) of 15 mtrs from the ROW outer edge. Access will not be allowed onto the service roads of the ORR directly.With all these new rules enforced 1 km area either sides of the ORR the government wants to push development all along the ORR and its radial roads, Prices of land and plots in these areas would sky rocket because of these new announcements as the total area would develop commercially rather than anything else. Fabacres.com is the one of the largest web portal which is giving information related to real estate in India Real Estate and Chennai Real Estate founded by Mr. Mayur |
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