Hyderabad: Even before the metro rail tracks are put in place, project developer Larsen and Toubro (L&T) has started moves to commercially exploit parcels of land allotted to it along the three metro corridors. The project developer has proposed to construct malls with multiplexes at Punjagutta, Erramanzil and Madhapur. The L&T has applied for provisional no objection certificate (NOC) from the state disaster response and fire services department recently. Once the NOCs are obtained, the construction giant might seek building permission from the Greater Hyderabad Municipal Corporation (GHMC).
Official sources said a mall, including a multiplex and office space, is being planned on 70,127 square metres land, where government quarters were demolished near Srinagar junction on the arterial Punjagutta-Ameerpet road. The land was handed over to the Hyderabad Metro Rail Limited (HMRL) last year. At Punjagutta, the mall and multiplex would come up in one block, which would have three basements, ground and five upper floors.
L&T plans to build hotels, malls
Hyderabad: Eight screens will come up on fourth and fifth floors. An office block is being planned in an area of 5,621 sq metres with three basements, ground and six upper floors. Another multiplex has been proposed at Erramanzil, near NIMS, where government quarters were razed for the metro rail project. L&T proposes to put up a mall, including a six-screen multiplex, and another multiplex and commercial building would come up opposite My Home Hub at Madhapur. “We have inspected the sites on the request of L&T metro rail and recommended provisional NOCs for malls,” regional fire officer P Venkata Ramana told TOI.
As per the concessionaire agreement, the metro project developer could exploit space up to 18.5 million square feet (sft). Nearly, 12.5 million sft would be required for metro rail depots and terminal locations, while six million sft would be available for metro rail stations. HMR has agreed to transfer 269 acres land to the metro rail developer for executing the project. Of the total land, nearly 70% of the space was allocated to the three depots and 57 acres of land at 66 metro stations (air space) would be utilized for commercial exploitation.
L&T, which is eyeing transit oriented development along the metro corridors, is likely to come up similar proposals for office spaces, malls and multiplexes apart from hotels, service apartments, healthcare facilities like hospitals, poly clinics, convention centres, theme parks, entertainment zones and convenience retail at suitable places.
Meanwhile, both the fire services department and L&T have not yet finalized fire safety plan at metro stations. The fire department has offered to depute its senior officials for overseeing fire safety measures at stations, but L&T wants to have its own trained personnel. “In Delhi Metro, fire officials were deputed to train staff and ensure safety at all metro stations, but L&T wants to have its own set up,” a senior official of the fire services department said.