Hyderabad Metro Phase-II Project Begins with Property Compensation
The Hyderabad Metro Rail Phase-II project in the Old City is set to begin soon. On Monday, compensation cheques will be distributed to 41 property owners affected by the project. These owners will receive compensation at a rate of ₹81,000 per square yard. The cheques will be handed over by State Transport and BC Welfare Minister Ponnam Prabhakar and Hyderabad MP Asaduddin Owaisi.
Hyderabad Metro Rail Managing Director NVS Reddy mentioned that 1,100 properties are affected along the stretch from MGBS to Chandrayangutta in Corridor-6. Many property owners have willingly come forward to offer their land for road widening and metro rail construction. So far, 169 owners have submitted consent letters, and ownership verification has been successfully completed for more than 40 properties.
District Collector Anudeep Durishetty explained that the compensation rate of ₹81,000 per square yard was decided through negotiation as a consent award. Eligible property owners will also receive additional benefits, such as rehabilitation compensation and reimbursement for dismantled structures. These compensations are being provided in accordance with the Land Acquisition Act and the district collector’s guidelines.
