Hyderabad College land row: The Kancha Gachibowli row in Telangana gained nationwide consideration after Hyderabad College college students protested in opposition to the state authorities’s plan to public sale 400 acres of land for an IT park, resulting in Supreme Court docket intervention.
Through the protests, round 50 college students from the College of Hyderabad have been detained, many alleging they have been ‘forcibly taken away’. Now, the Telangana authorities has introduced the withdrawal of police forces from the varsity campus, however not from the Kancha Gachibowli space, Indian Specific and NDTV reported.
When it comes to space, ‘400 acres’’ is unquestionably big. Chances are you’ll be shocked to know that the parcel of land that ignited such chaos is bigger than what India’s historic monuments, such because the Taj Mahal or Victoria Memorial, occupy.
Based on actual property studies, even the largest IT parks of Telangana, together with HITEC Metropolis in Hyderabad, cowl roughly 151-200 acres of land.
So, what’s the price of the Kancha Gachibowli land? How large is it? Why is the Telangana authorities after it? This is a glimpse:
Kancha Gachibowli land larger than the Taj Mahal?
The Taj Mahal positioned in Agra, Uttar Pradesh, is a vacationer hotspot for travellers throughout the globe. As per the Uttar Pradesh authorities’s web site, the long-lasting ivory-white marble mausoleum is the centrepiece of a 17-hectare (42-acre) complicated.
If the Taj Mahal was to be envisioned inside Kancha Gachibowli’s 400 acres, it might take up solely 10.5 per cent of the world, as per calculations.
In the meantime, Kolkata’s iconic Victoria Memorial, which dates again to India’s pre-independence period, is unfold over 64 acres, which is simply 16 per cent of the Kancha Gachibowli land, which is 400 acres.
Kancha Gachibowli land and different IT parks in Telangana
Telangana’s capital metropolis, Hyderabad, is residence to a number of IT parks, which home a number of tech giants reminiscent of Microsoft, Amazon, Oracle, amongst others.
1. HITEC Metropolis: Hyderabad Data Know-how and Engineering Consultancy Metropolis (HITEC Metropolis) is among the largest IT parks in Telangana. Encompassing components of Madhapur, Gachibowli, Kondapur, Manikonda, and Nanakramguda, HITEC Metropolis is estimated to span over solely 151-200 acres, as per a number of actual property studies.
2. Raheja Mindspace IT Park: It’s the second largest IT Park in Hyderabad, and homes IBM, Accenture, CSC, Novartis, Deloitte, Amazon, Fb, Qualcomm, JP Morgan, and Thomson Reuters. As per studies, Raheja Mindspace sprawls over 97.2 acres.
3. ‘V’ IT Park – This IT Park, positioned in Hyderabad’s Madhapur, is unfold over 19.39 acres, which is sort of 90 per cent smaller than Kancha Gachibowli’s 400 acres.
What’s the price of Kancha Gachibowli land?
Based on authorities information accessed by Telangana Right now, the whole worth of the Kancha Gachibowli land is estimated at ₹30,000 crore.
Based on Telangana Right now, as per a Authorities Order (GO 54) issued on June 26, 2024, the value of the 400 acres of land was mounted at ₹75 crore per acre after contemplating the land values at locations like Kokapet (the place one acre fetched ₹100 crore within the public sale).
