Chief Minister Revanth Reddy assured that the central government is open to funding Metro projects based on commuter feasibility. He emphasized that the proposed lines would garner significant patronage, unlike the route envisioned by the previous government, as the new plan caters to a broader demographic.
HYDERABAD: Dispelling speculations surrounding the fate of Hyderabad’s Airport Metro and Pharma City projects, Chief Minister A Revanth Reddy emphasized on Monday that the projects are not being scrapped but rather restructured for increased cost-effectiveness and commuter convenience. The Congress government aims to optimize the projects, shorten the Metro rail distance to the airport, and strategically lay lines through areas with high potential patronage.
Contrary to the plans laid out by the previous BRS government for the Raidurg-Shamshabad Airport Metro line, Chief Minister Revanth Reddy explained, “Despite L&T representatives advising the previous government that the Raidurg-Shamshabad airport stretch will not be commercially feasible, the then government asked the firm to execute the project to serve the real estate interests of the friends of the previous government.”
Instead, the Congress government proposes to extend the Metro rail from Mahatma Gandhi Bus Terminal at Gowliguda to Shamshabad airport, passing through the Old City and Chandrayangutta. Additionally, plans include extending the Metro from Nagole to Chandrayangutta via LB Nagar and Owaisi Hospital, connecting it at Chandrayangutta to the Metro from the Old City en route to the airport. Possible extensions from Mindspace junction to the Financial District and from Miyapur to Ramachandrapuram near Patancheru via BHEL are also under consideration.
Chief Minister Revanth Reddy assured that the central government is open to funding Metro projects based on commuter feasibility. He emphasized that the proposed lines would garner significant patronage, unlike the route envisioned by the previous government, as the new plan caters to a broader demographic.
Addressing concerns about the Pharma City project, the Chief Minister clarified that it will not be abandoned. Instead, the government intends to promote the establishment of 10 pharma clusters, each spanning 1,000-3,000 acres, strategically located near highways within the Outer Ring Road and the Regional Ring Road. The aim is to provide residential colonies and essential facilities within proximity to these clusters, reducing the need for daily commuting to the city. The government also pledges efforts to ensure pollution-free units in these pharma clusters.
Follow and Connect with us: Twitter, Facebook, Linkedin, Instagram
Minimalist interior design has become a global trend, celebrated for its simplicity, elegance, and functionality.…
The real estate sector in India, traditionally known for its slow-paced processes and manual operations,…
The real estate sector, traditionally a playground for high-net-worth individuals, is undergoing a transformation with…
Real estate experts highlighted that the strong response reflects the growing residential demand in the…
According to the company, Bagri brings extensive expertise in corporate finance, controllership, treasury, strategic planning,…
Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing personal finance by transforming how individuals…
This website uses cookies.