Rs 24,000 crore for 78.4 km Metro track in second phase
Constructions to extend till Shankarpalli, Chevella
The expansion of the Hyderabad Metro Rail will further develop the city. With basic infrastructure already established in the outskirts, the city is set to expand even more. In the second phase of the metro, the Telangana government proposed a significant increase in both distance and estimated cost in the budget presented in the Assembly. Previously, the plan covered 70 kilometers across five corridors, but this has now increased by 8.4 kilometers to a total of 78.4 kilometers. As a result, the estimated cost of the entire metro rail expansion project has reached Rs 24,042 crore.
Earlier, the proposal included an eight-kilometer route from the Raidurg Metro Station near Hi-Tech City to the Wipro Circle and the American Consulate in the Financial District. Now, the Telangana government has decided to further extend the metro project to Neopolis in Kokapet. This extension adds approximately 3.3 kilometers to the metro route. Additionally, the government is surveying land in Kokapet for constructing the metro train depot.
In another route, the Airport Metro was initially estimated to cover 29 kilometers from Nagole, LB Nagar, Chandrayangutta, and Malkajgiri Circle to Shamshabad International Airport via Jalapalli. The budget proposed an extension of 5 kilometers from Malkajgiri to Aramghar and the new High Court. The budget also clarified that there are no changes in the Miyapur-Patancheru, LB Nagar-Hyderabad Nagar, and Falaknuma-Chandrayangutta corridors.
With the metro rail project extending to Kokapet, it is expected that the area will see further development. Being close to the IT corridor, Kokapet and its surrounding areas have already developed more than anticipated. Now, with the metro rail, there is potential for real estate development extending to both Shankarapalli and Chevella. Experts in the real estate sector suggest that even if the distance is a bit far, the excellent transportation facilities will attract interest from the middle and upper-middle-class segments in purchasing homes.