Tag: Bharat Future City

IndustryLatest Stories

Bharat Future City: 90 Real Estate Proposals Amid Approval Delays

Representative AI image HYDERABAD: Almost a year after the state government announced the ambitious Bharat Future City project, real estate developers seem to be proceeding with caution. Most investment is limited to select areas along the Srisailam and Nagarjuna Sagar highways, while others wait for clearer direction on the city’s development plans. Since the announcement of Bharat Future City, the Future City Development Authority (FCDA) has received approximately 80 applications for open plots and 10 proposals for housing projects, including gated communities. However, only 18 layouts have been approved so far, with several remaining pending due to various issues, including…

IndustryLatest Stories

SBI Accepts Alternate Plots After Raidurg Land Dispute Resolution

Representative image HYDERABAD: The ongoing dispute between the Telangana government and the State Bank of India (SBI) over a prime five-acre parcel in Raidurg’s Knowledge City is nearing resolution, as the SBI board has approved the government’s offer of alternative land. This approval paves the way for the likely withdrawal of the pending case before the Telangana High Court, removing a significant obstacle related to one of the city’s most valuable land parcels. Government sources revealed that the SBI board approved the proposal during a meeting on June 30, and the official resolution should reach local bank officials in the…

InfrastructureLatest Stories

Telangana Selects Singapore Firm for Future City Plan

HYDERABAD: In a significant development for Telangana’s Bharat Future City (BFC), the state government has appointed Singapore-based DP Architects as the consultant to craft the master plan for the Future City Development Authority (FCDA). After evaluating bids from six firms, DP Architects was selected as the lowest bidder, with the formal contract to be awarded during the inauguration of the BFC office in Meerkhanpet on June 10, according to official sources. The appointed consultant is expected to finalize the master plan within nine months. The FCDA’s focus will initially be on 30,000 acres out of a total area of nearly…

InfrastructureLatest Stories

Telangana CM Requests Hudco Loans for Metro and Future City

Representative AI image HYDERABAD: On Monday, Chief Minister A. Revanth Reddy urged Housing and Urban Development Corporation (Hudco) Chairman Sanjay Kulshrestha to provide loans at reduced interest rates for critical developmental projects in Telangana, including the proposed Bharat Future City on the outskirts of Hyderabad. Kulshrestha met the CM at his residence and was asked to assist with funding for projects like the expansion of the Hyderabad Metro Rail, Future City, the Indiramma housing program, Regional Ring Road, and radial road networks. Revanth also informed the Hudco chairman about upcoming greenfield road projects that will connect Future City to Chennai…