Pharma City land allotments likely to happen in May: Jayesh Ranjan

By Author  |  Business Bureau  |  Published: 18th Feb 2019  12:56 am

Hyderabad: Works on the upcoming Pharma City are happening at a brisk pace and Government is hopeful of making the land allotment for the first phase from mid-May, said Industries Principal Secretary Jayesh Ranjan.

Speaking at a panel discussion on ‘Growth Story of Hyderabad- IT and other Industries,’ organised at the valedictory of Credai Property Show, he said that Pharma City is a large project of 20,000 acre and the preparatory work is time consuming. About 8,500 acre has already been acquired and the allotments for this are likely to happen in May, he said.

“We will know from industry players about their waste discharges and processes to be adopted to treat them. These inputs will be incorporated in building the best in class common effluent treatment plant,” the official said.

On the civil works, he said a 200-feet road is happening at the entrance of Pharma City.

Volleying a query on NIMZ project at Zaheerabad, he said two clusters- construction equipment manufacturing and food processing- will also be part of NIMZ. “We are taking various industries to showcase Zaheerabad’s potential,” he said.

On the prospects of ITIR, the official said that the Central Government is doing a reassessment of the proposal and has sought opinions from Telangana Government and other stakeholders. There is no final decision on the proposal, he said.

The State has already begun efforts to set up an incubator at the Genome Valley for the life sciences segment. There are also plans in place for a Genome Valley 2.0 to extend and expand the cluster further. Now, there are about 80 companies from 18 countries and close to a lakh people are working there, he said adding that Hyderabad is central to their research programmes.

Replying to a demand from the real estate sector to create a single window system for giving all permission needed for real estate developments, Ranjan said several Government departments are getting computerized in phases and a permission system similar to TSiPASS can be possible for real estate sector too. He, however, did not give a timeframe for this.

On traffic congestion at some places, Ranjan said the road network is being expanded and the congestions happening now were temporary. Hyderabad was better place in terms of social infrastructure and would not be in situation of Bengaluru like traffic snarls. Availability of land parcels in multiple locations will allow for expansion of the city, he said.

Later, Tourism Secretary B Venkatesham stressed the need for preserving the heritage structures. “Hyderabad and surrounding places have a lot heritage structures. They have to be protected as they will be the tourism brands,” he said.