InfrastructureINVESTApproved
HMDA mortgaged 10 land parcels and raised over ₹9,700 crore via bonds/debentures
Hyderabad, Telangana17 Oct 2026
The Hyderabad Metropolitan Development Authority (HMDA) mortgaged land totalling over 817 acres across 10 locations in and around Hyderabad as security to raise funds for infrastructure works. The report says over ₹9,700 crore has already been raised through bonds/debentures as part of a planned ₹10,000 crore fundraising.
Why it matters
This financing enables HMDA to fund planned transport infrastructure works, including two greenfield radial roads and two elevated corridors, using the mortgaged land as collateral.
Hyderabad Metropolitan Development Authority (HMDA)