Upgradation of Mancherial as corporation spurs prices of lands, illegal layouts
Upgrading of Mancherial municipality as a corporation has triggered a significant rise in prices of lands in Mancherial, Naspur and Hajipur mandals and illegal real estate ventures as well
Mancherial: Upgrading of Mancherial municipality as a corporation has triggered a significant rise in prices of lands in Mancherial, Naspur and Hajipur mandals and illegal real estate ventures as well.
Mancherial municipality was recently upgraded as a corporation by merging Vempalli, Pochampahad, Mulkalla, Kothapalli, Gudipet, Narsingapur, Namnur and Chandanapur villages in Hajipur mandal, Naspur, Teegalpahad, Seetharampalli, Thallapalli, Singapur villages in Naspur mandal and Garmilla village in Mancherial mandal encompassing around 15 square kilometres.
Agriculture lands were sold for Rs.20 lakh per acre till 2024. Government converted the municipality into a corporation resulting in considerable increase of the prices.
Now, lands around the three entities are being priced at around Rs.1 crore per acre. Lands situated close to Mancherial-Luxettipet road are bought for Rs.2 crore per acre, following upgradation of the municipality as a corporation.
As a result, rates of house sites too have skyrocketed in these villages. For instance, land meant for house sites is now sold at Rs 10,000 per square feet as against Rs 5,000 per sq feet quoted a year ago. People from economically weak groups said that they could not afford the sites anymore. They said the rise of prices was irrational.
Meanwhile, the upgradation has spurred the sprouting of illegal real estate ventures in Naspur and Hajipur mandals. The ventures are being developed on the outskirts of Gudipet, Vempalli, Mulkalla, Thallapalli, Chandapur, Seetharampalli and many other villages, citing the upgradation. The developers claim that the residential colonies would get better amenities with the advent of the corporation.
For instance, an unauthorized venture was developed in 20 acres near Gudipet village. Another layout came up on the edges of Chandanapur village, while another venture was planned in a sprawling 150 acres on the peripherals of Mulkalla village. Already, many illegal ventures existed around these villages in the past.
However, people regret that charges for registering assets, property tax fee for permissions of new houses and charges of drinking water connections would go up, causing financial burden on them. They requested the government not to enhance the charges and taxes.
