Project cost jumps to ₹130 crore after EC amendment for MPM Avenue Mall

The amendment involves increasing the built-up area, changing the building configuration from 6 to 8 upper floors, and updating environmental parameters such as water consumption and waste management.

Who it concerns: The project proponent is M/s. Maheshwari Developers. The clearance was granted by the State Environment Impact Assessment Authority (SEIAA), Telangana, based on recommendations from the State Level Expert Appraisal Committee (SEAC).

Conditions and facts

• Clearance Status: Amendment to EC dated 27/03/2021 approved on 20/08/2026.
• Project Category: B2 (Building/Construction).
• Area Changes: Net plot area reduced from 6486.9 sq.m to 5627.34 sq.m due to land adjustments and road widening; Built-up area increased from 20,903.60 sq.m to 26,852.35 sq.m.
• Building Configuration: Changed from 4 Basement + Ground + 6 Upper Floors to 4 Basement + Ground + 8 Upper Floors.
• Project Cost: Increased from 32 Crores to 130 Crores.
• Environmental Conditions: Proponent must comply with C&D Waste Rules 2025, provide a 2m width greenbelt along boundaries, install EV charging points, and ensure sewage treatment and reuse for gardening.
• Reporting: Six-monthly compliance reports must be submitted on 1st June and 1st December.

Also in the document

• The proponent is required to dismantle an existing under-construction three-slab structure before commencing the new construction activity.
• The project cost has significantly increased from 32 Crores to 130 Crores as part of the amendment.