Home » Hyd’s Srinagar Colony road declared a commercial one

Hyd’s Srinagar Colony road declared a commercial one

Hyd’s Srinagar Colony road declared a commercial one
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In Hyderabad, Srinagar Colony main road has been declared a commercial road, paving the way for property owners to either construct or exploit their existing buildings for commercial use. Henceforth, the Greater Hyderabad Municipal Corporation (GHMC) will allow shopping complexes, hotels, hospitals, retail shopping activities, service establishments, function halls and petro filling stations on the road.

So far, 66 roads in the city have been declared commercial roads. Property owners/builders have to pay impact and other processing fee to civic authorities for taking permission for commercial buildings. Also, the owner/developer has to leave an additional 10 feet for road widening and street parking after land is surrendered to the GHMC free of cost.

A government order (GO) (MS No. 51) was issued by the municipal administration and Urban Development (MA&UD) Department on February 11 declaring the 1.42 km road from Satya Sai Nigamagamam to Punjagutta road as ‘Category B’ commercial road.

The decision to declare the stretch as a commercial road was taken by the MA&UD Department on the request of Srinagar Colony residents, who had represented to the government a couple of years ago. The GHMC also reported that most buildings on the road have commercial entities like restaurants, bakeries, banks, retail shops, and hospitals.

Apart from this, the Yousufguda checkpost-Satya Sai Nigamagamam stretch via Krishna Nagar has already been notified as a commercial road in the master plan for the erstwhile Municipal Corporation of Hyderabad (MCH) in 2010.

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