The government in order to improve the road network in the Greater Hyderabad Municipal Corporation limits and surrounding urban local bodies has formed HRDCL. The roads that belong to Road and Buildings Department would be transferred to HRDCL. Out of total 600 km R&B roads the HRDCL will improve 240 km road length during phase I and remaining will be handed over in phased manner.
He said apart from the transfer of roads along with Right of Way (RoW), all rights over roads like advertisements, parking, access and lease from any structure or cess on property tax also assigned to HRDCL.
He said any impact fee levied on properties adjacent to the roads (within distance of 200 metres from road or full depth of the property, whichever is higher) will be assigned to HRDCL to generate revenue to enable loans.
He said government would set up a separate office with a chief engineer, where it would work in co-ordination with GHMC. He said HDRCL will become operational by first week of May.