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Hyderabad: Govt. to spend Rs 50,000 crore on infra upgrades

Comments Off on Hyderabad: Govt. to spend Rs 50,000 crore on infra upgrades   |   March 24, 2020    08:19pm   |Contributed by Indian Realty News

Telangana government has plans to infuse a sum of Rs 50,000 crore to uplift the infra status in Hyderabad in the next five years. KT Rama Rao, Minister for Urban Development and Municipal Affairs (MA&UD) has shared that the fund would be utilised for the development of the Hyderabad Urban Agglomeration area.

A corpus of Rs 50,000 crore is being readied by the Telangana government, which would go into the development of the Hyderabad Urban Agglomeration (HUA) region. KT Rama Rao, Minister for Urban Development and Municipal Affairs (MA&UD) has shared the information. HUA region comprises the core of the city as well as its outskirts falling within the Outer Ring Road (ORR) limits.

Developments include strengthening public transport, with the government weighing the possibility of developing an elevated Bus Rapid Transport (BRT) System or tramway in HITEC city to decongest traffic. As a response to demands for better municipal administration, the State government will also introduce a new mechanism for building permission approval, named TS-bPASS.

For the infrastructure upgrade, the government will shell out Rs 10,000 every year, earmarked for HUA development. Some of the pending development works in 38 Urban Local Bodies (ULB) under Mission Bhagiratha would also be taken up soon with a budget of Rs 800 crore.

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