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Telangana Govt to Reclaim Unused Industrial Land

BY Realty Plus

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The Telangana State Industrial Infrastructure Corporation (TSIIC) will resume land allotted to industries for not setting up units, as promised, in the notified industrial development areas (IDAs) and industrial parks. Officials said while some of them diverted the land for other purposes, some industries went kaput. Industries minister KT Rama Rao on Tuesday directed the TSIIC to identify such land tracts given to the industries and change of land use by the erring industrial units and serve notices on them. “We will issue notices to them and take back the land. There are 20% to 30% such industries which have gone back on their promise,” an official said. KTR asked the officials to first serve show-cause notices and tell the industrialists to launch their units in a stipulated time-frame. “If the allottees fail to comply with the directive, the government will not hesitate to resume the land,” he warned.

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