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Township project in Hyderabad will resume soon

The Supreme Court has canceled the stay orders on the construction work at the township project in Hyderabad, issued by  Andhra Pradesh High Court  to the infrastructure firm Lanco Infratech.

With this decision, the Lanco Hills will now be constructing the township at Manikonda in the Hyderabad outskirts.

The dispute was raised by the Wakf Board claiming, that the land belongs to them, while the government now has  said that they will compensate the board with adequate funds.

The AP government has already sold the land to the companies like Microsoft, Infosys, Polaris, Indian School of Business and Emaar.

With this decision the integrated township project in Hyderabad will start its construction work.

 

More related stories:

Residential real estate in Hyderabad to good in near future

New luxury hospitality project launched in Hyderabad

Source: Economic Times

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