Hyderabad Habitat Centre and Science City to cost Rs.200 crore and Rs.100 crore respectively

For the Science City and Hyderabad Habitat Centre projects proposed by the Hyderabad Metropolitan Development Authority (HMDA), five firms have come forward offering service as transaction advisors.

The HMDA had issued Request For Proposals (RFP) seeking consultants for the two proposed projects and the five firms that submitted bids were Price Water House Coopers Private Limited, Crisil Risk & Infrastructures Solution Limited, Jones Lang LaSalle, KPMG India and IL&FS Infrastructure Development Corporation.

The concept of Science City has been proposed to enhance public understanding of the culture of science and technology and apart from students, looks at benefiting common man also with a varied activity that include exhibitions, seminars, popular lectures and science camps. The facility has been estimated to cost around Rs.100 crore and come up on 25 to 30 acres site.

At the same time, the concept of Hyderabad Habitat Centre has been proposed on the lines of New Delhi’s India Habitat Centre and come up on 10 to 12 acres site at an estimated cost of Rs.200 crore.

“The details submitted by these firms for the two projects would be scrutinised to take a final decision at the earliest,” an official with HMDA said.

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