The HMDA on Tuesday proposed a budget of Rs. 3,772 crore for the year 2013-14, a rise of around Rs.800 crore from the previous year.

Around Rs.1,131 crore has been earmarked for new projects, including Rs. 300 crore for the proposed Regional Ring Road and another Rs.150 crore towards protection and development of lakes.

New projects for which funds are sought to be allotted, include the site services at Jawaharnagar, the inter-city Bus Terminal at Miyapur, Transit-Oriented Development at Moosapet and Saroornagar on the Public Private Partnership (PPP) mode. Logistic Hubs at Mangalapally and Batasingaram, apart from the much-delayed rail-over bridge (RoB) at Sanjeevaiah Park too find a mention among the new projects.

The budget estimates also include revenue receipts to the tune of Rs. 885 crore from different sources such as rents, advertisements and receipts, while capital receipts, that include government grants, reimbursement from the Japan International Cooperation Agency (JICA) towards ORR and sale of plots, has been pegged at Rs. 2,887 crore.

Another major component of the revenue receipt — around Rs. 313 crore — will come from development charges, processing fee and other charges. The HMDA has put government grants at Rs.1,998 crore as against last year’s Rs.1,220 crore and raising Rs.159 crore from the auction of bulk lands.

The Outer Ring Road (ORR) project has been provided with Rs.1,551 crore and the Hussainsagar Lake and Catchment Area Improvement Project has been put at Rs.101 crore.

Keywords: HMDABudgetLogistic Hubs

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