The state government will charge high impact fee from developers

The state government will charge high impact fee from developers in a radius of about 300 sq km from the growth corridor. It will come into effect from Wednesday. The growth corridor, which is coming up on either side of the Outer Ring Road, will be divided into three zones. Real Estate developers, however, said the move will boomerang and growth would take place outside the corridor which will be just one kilometre from the road.

Official sources said the impact fee in A zone from Pattancheru to Nagarjunasagar highway via Narsing and Shamshabad would be 50 per cent more than that of Greater Hyderabad Municipal Corporation. The area between Nagarjunasagar highway and Shamirpet via Pedda Amberpet and Ghatkesar will be declared as B zone and the left out portion from Shamirpet to Pattancheru will be C zone. Sources said 30 per cent excess impact fee will be collected from B zone while it will be 10 per cent in C zone.

The Municipal Administration and Urban Development will issue orders notifying the ORR growth corridor on Wednesday. The government decided to declare the corridor as a multi-purpose-use zone where non-polluting industries could be built. The restrictions stipulated in GO 111 in the catchment of Osman and Himayat Sagars will however remain. The government also fixed the minimum plot size at 1,000 sq mt. The rule will, however, be applied only.