The Hyderabad Metropolitan Development Authority will establish Hyderabad Habitat Centre on its land at Khanamet to promote the ‘heritage and art’ of Hyderabad and the region.
The HHC, which is being planned on the lines of India Habitat Centre in New Delhi, will promote art and heritage with regard to performing arts like dance, drama, and music, painting, art and craft, sculpture, cultural heritage, architecture, cuisine, etc.
The project is estimated to coat about Rs 266 crore. As the chief promoter, HMDA will contribute the land and seed capital. The executive committee of HMDA, which has met recently, has given a green signal for the project.
The IL&FS Infrastructure Development Corporation is the transaction adviser for assisting the HMDA in the concept development till commercial operations.
HMDA officials told Express that the consultant carried out a feasibility study for the HHC project. They include core facilities that promoted heritage and art of Hyderabad _ visual art gallery, sculpture courts, library and resource centre along with learning centre for organising workshops, training, studio works, etc.
The Artiplex will have a complex of theatres promoting performing arts, concerts, documentaries, classical movies etc; a separate entity within HHC campus, open-air theatre, outdoor facilities including landscape gardens, plazas and shades.
It will also have convention facilities such as conference hall, banquets, for business meetings and socio-cultural conference, conventions. It will have a number of facilities such as guest accommodation, multicuisine food courts, theme restaurants, club house with gymnasium and indoor sports.
The HMDA will invest around Rs 20 crore and mobilise around Rs 100 crore from institutional members and any short-term capital requirement will be mobilised from financial institutions.
The consultant has been asked to act as a project management consultant and to initiate the process for selection of architect and short-list at least five architects or firms for making the designs and get presentation of the concept designs by the five short-listed architects.