In news:
Integrated township policy to decongest Hyderabad gets the nod.
More information:
- Telangana government has approved an Integrated Township Policy to decongest Hyderabad, by encouraging real estate development beyond the Outer Ring Road (ORR).
- The “policy envisions decongesting the core city of Hyderabad by offering more benefits to real estate developers so that they can develop more satellite townships”.
- The policy assumes significance in the context of Hyderabad’s IT exports more than doubling since Telangana formation in 2014and the city second in the country in terms of office space absorption.
What are integrated townships ?
- They are clusters of housing and commercial businesses with associated infrastructure such as roads, schools, hospitals, convenience shopping, water treatment plants and drainage and sewage facilities.
- With land being a state subject, different states have varying policies on integrated townships.
- While the norm for land requirement for such projects is 100 acres, some states such as West Bengal and Rajasthan, have relaxed their minimum land requirement criteria.
- If the integrated township models are given high preference and incentives, they provide a more holistic living environment and prevent the mushrooming of unplanned urban villages.
Source: The Hindu