ENA State 2024-11-05 17:32:15 <p><span style="font-size:14px"><strong>Hyderabad, Nov 5 (KNN)</strong> In a significant move to enhance state revenue, the Cabinet subcommittee on resource mobilisation has approved the auction of unoccupied residential units and vacant plots.</span></p> <p><span style="font-size:14px">The decision, focusing primarily on unutilised flats under the Rajiv Swagruha housing scheme, came during a high-level meeting chaired by Deputy Chief Minister Mallu Bhatti Vikramarka.</span></p> <p><span style="font-size:14px">The subcommittee, which convened on Monday, reviewed ongoing auction processes of open plots under the Municipal Administration and Urban Development (MAUD) department's jurisdiction.</span></p> <p><span style="font-size:14px">Officials were instructed to expedite these proceedings to maximise potential revenue generation.</span></p> <p><span style="font-size:14px">Addressing ongoing legal challenges, Vikramarka acknowledged that several land parcels face litigation from private parties.</span></p> <p><span style="font-size:14px">He proposed establishing a specialised committee, to be headed by the Finance department's special chief secretary, to resolve disputes related to joint venture assets and optimise their revenue potential.</span></p> <p><span style="font-size:14px">The Deputy Chief Minister also revealed plans to relocate pollution-generating industries from Hyderabad to areas beyond the Outer Ring Road, responding to requests from industry owners.</span></p> <p><span style="font-size:14px">In line with this initiative, he directed officials to accelerate the development of MSME industrial parks across all constituencies, aiming to facilitate the relocation process while promoting industrial development.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 39813 https://knnindia.co.in/news/newsdetails/state/telangana-moves-to-auction-vacant-flats-plots-to-increase-revenue-collection 2024-11-05 17:32:15 knnindia.co.in