Not All Future City Investments Are Safe..! Here is Why | Roshan Vellanki

Summary

This video provides an in-depth update on Hyderabad's Future City, highlighting government initiatives, infrastructure developments, and investment opportunities. Key updates include the formation of the Future City Development Authority (FCDA), land pooling plans covering 30,000 acres, ongoing 330-foot road and metro projects, and industrial investments by companies like Marubeni and Allegiance Group. The speaker emphasizes caution against scams and unregistered plots while recommending safe investment zones near major highways. With strategic location, metro access, and upcoming industrial hubs, the video presents Future City as a prime area for low- and mid-budget investors seeking long-term growth, despite potential changes in government or project names.

Takeaways

• 😀 FCDA (Future City Development Authority) was established to accelerate development in South Hyderabad, covering 768 sq km across 7 mandals and 56 villages.
• 😀 A major focus of Future City is developing infrastructure, including roads, metro systems, industrial parks, and residential sectors.
• 😀 Marubeni, a Japanese company, is investing 1000 crore INR to build the first industrial park in the area, specializing in electronics, green pharma, aerospace, and defense.
• 😀 Land pooling initiatives are ongoing, with 30,000 acres to be developed, including 16,000 acres being acquired in addition to 14,000 acres already owned by the government.
• 😀 Farmers are protesting against land pooling, concerned about inadequate compensation and land registration issues.
• 😀 Investment opportunities are abundant, especially near major highways (Srisailam, Sagar, and Bangalore highways), with land prices expected to rise due to future infrastructure projects.
• 😀 Future City development includes AI-related sectors, with Google's AI accelerator center set to be part of the city's technological ecosystem.
• 😀 The metro route from Shamshabad to Future City is included in Phase Two of Hyderabad’s metro expansion, with land pooling already underway for this project.
• 😀 Risks for investors include potential government changes (BRS, Congress, or BJP), which could impact the Future City project and its development priorities.
• 😀 Despite political changes, the area around the Outer Ring Road near the airport remains a prime investment opportunity due to its strategic location and government focus on development.

Q & A

What is the Future City Development Authority (FCDA)?

The FCDA is a separate governing body established by the state government to oversee the development of a 768-square-kilometer area for Future City. Its responsibilities include granting permissions for construction layouts, developing infrastructure, and monitoring the entire area.

What are the key updates related to the Future City project?

Recent updates include the formation of FCDA, the allocation of land for various sectors like electronics, life sciences, education, and AI, and the development of a 622-acre mega venture for landless farmers. There are also updates on the land pooling process, road construction, and metro planning.

Why was the FCDA created instead of expanding the HMDA?

The FCDA was created to handle the increased workload of the Future City development, as HMDA's existing capacity might delay progress. FCDA will focus specifically on this new development area.

What is the significance of the recent land pooling notifications?

The government is pooling additional 16,000 acres of land to develop the Future City, including areas in several mandals like Thimmapur and Yacharam. The pooling process involves acquiring land from farmers and offering compensation, but there are concerns and protests from the farmers.

What is the status of road construction and metro updates for Future City?

The 330-feet road connecting Raviriyala to Mirkanpet is under development, though it faced legal delays. As for the metro, a route from Shamshabad to Future City is included in Phase 2, with land pooling and planning currently in progress.

Why is there concern about buying land in Future City without proper registration?

Some plots are being sold through sale agreements without proper registration, which poses risks. If the land is involved in land pooling later, the plot might become invalid, and the agreements could lead to legal disputes.

What role did the CM's visit to Japan play in the Future City project?

During the CM's visit to Japan, an agreement was signed with Marubeni, a company involved in electronics, green pharma, aerospace, and defense. They are set to invest Rs 1,000 crore for an industrial park in Future City, marking a significant development in the region.

What are the investment risks associated with Future City development?

Investing in Future City carries risks, particularly with land pooling, where farmers may lose their land, and ventures may be affected by future government changes. There is also concern about unregistered land sales and the potential for legal complications.

What is the recommended approach for investors looking at Future City?

Investors are advised to focus on safe zones within 10 km from major highways like the Srisailam and Sagar highways. It's also important to check legal reports for each venture and avoid risky plots outside the development area or those still in the land pooling process.

What does the speaker think about the long-term prospects for Future City investment?

Despite political changes and possible renaming of the project, the speaker believes Future City is a golden investment opportunity due to its strategic location near the Outer Ring Road and airport, along with the availability of a large land bank. The area will continue to develop, regardless of the government in power.