Hyderabad, September 26 (IANS): The Telangana government has postponed the online auction of 117.35 acres of land in Puppalaguda and Khanamet on the outskirts of Hyderabad due to some court cases.
The Telangana State Industrial Infrastructure Corporation (TSIIC) said on Sunday that the notification issued for the sale of the land through electronic auctions was postponed.
Nine plots of 22.79 acres in the village of Khanamet were to be auctioned on September 27 while 26 plots of 94.56 acres in the village of Puppalaguda were to be auctioned the next day.
TSIIC vice president and general manager EV Narasimha Reddy said some frivolous claims have been made by third parties on government land auctioned off in various courts. “In order to provide full assurance to potential buyers, the government will ensure prompt elimination of all outstanding cases before the auction process resumes,” he said in a statement.
Industry and Commerce Secretary Jayesh Ranjan said the intention of the state government has always been to auction the land after securing clear title.
“Some unscrupulous elements have brought frivolous cases to court over land identified for auction, even though the title issue has been well settled by the Supreme Court of India in favor of the government.
“The inconvenience caused to potential buyers is deeply regretted,” he added.
This was the second round of government land auctions in the city. In July, the state government earned Rs 2,729 crore from the online auction of 65 acres of land on 13 plots in Kokapet and Khanamet.
This is part of the land auction planned by the state government to raise Rs 20,000 crore in the current fiscal year to fill the revenue gap.