Hyderabad is set for a major urban transformation with the Central Government approving a ₹4,100 crore loan from the Asian Development Bank (ADB) for the Musi Riverfront Development Project. The initiative is among the most ambitious redevelopment plans for the city, aiming to restore the Musi River’s vibrancy while enhancing civic infrastructure.
Project Highlights
• Revamp of 55 km stretch of Musi within HMDA limits
• Development of landmark projects such as the Gateway of Hyderabad and Gandhi Sarovar
• Walking tracks, cycling lanes, leisure and recreation zones to promote healthier urban living
• Cultural and entertainment hubs designed to boost tourism
• Upgraded road connectivity, public amenities, and green spaces
• Comprehensive river cleaning and flood prevention measures
Officials said the project is expected to transform the Musi belt into a modern hub of lifestyle, culture, and commerce, while also opening up significant real estate and investment opportunities in the surrounding areas.