If completed as planned, realty demand will rise not only in Hyderabad but in surrounding areas too.
The Telangana government is taking steps to further develop Greater Hyderabad. Specifically, the Revant Govt’s administration has drawn up extensive plans for developing infrastructure in the city. From drinking water supply to underpasses, flyovers, skyways, traffic junctions, and more, the development of several key facilities is underway in Hyderabad. If these projects are completed as planned, there is a strong possibility that real estate demand will increase not only in Hyderabad but also in the surrounding areas.
To develop infrastructure in Greater Hyderabad, Chief Minister Revant Reddy has laid the foundation for several development programs with an investment of approximately Rs 6,000 crore. As part of this, six sewage treatment plants (STPs) will be set up, and 75% of the sewage in areas up to the Outer Ring Road will be treated. Currently, 29 sewage treatment plants in the city treat 898 MLD of sewage daily. With the addition of six more STPs, which will cost Rs 767 crore, another 527 MLD of sewage will be treated daily.
The largest STP in the city so far is in Amberpet with a capacity of 339 MLD, while the second-largest, recently inaugurated in Nagole, has a capacity of 320 MLD.
The state government has initiated the development of six junctions around KBR Park in the city. The Chief Minister laid the foundation stone for the development work of these six junctions, with an investment of Rs 826 crore. As part of the HCITI project, the GHMC is developing these in two packages.
The first package, worth Rs 421 crore, will focus on the development of the Jubilee Hills Check Post Junction and the KBR Entrance Junction. The second package, with an investment of Rs 405 crore, will cover the development of Road No. 45 Junction, Film Nagar Junction, Maharaja Agrasen Junction, and Cancer Hospital Junction.
For improved water supply in the Outer Ring Road area, the Water Board has approved 71 reservoirs, some of which are already operational, and another 20 reservoirs are now available. An elevated corridor will be constructed from the Paradise Junction on Rajeev Road to the Shamshabad ORR Junction, spanning 18.124 km, with an investment of Rs 3,619 crore. A double-decker elevated corridor, 5.32 km long, will also be built on National Highway 44 from the Paradise Junction to Dairy Farm, with an expenditure of Rs 1,487 crore.
The government has granted administrative approval for the construction of a 4-lane high-level bridge over Mir Alam Tank, at a cost of Rs 363 crore, to connect the Bangalore National Highway to the Chintalmet Road. Additionally, development works for another four roads are underway with an investment of Rs 28.15 crore.
HMDA has prepared a plan to plant 7.5 crore saplings in seven districts in 2024. As of now, 4.56 crore saplings have been planted, achieving 60% of the target. In Hyderabad, beautification works for nine lakes are being undertaken at a cost of Rs 53.62 crore. Additionally, two parks are being developed with an investment of Rs 41 crore. A Telangana Tribute Garden will be established at a cost of Rs 48 crore in Tellapur. If these development projects are completed in the next four years, Hyderabad will reach a new level of growth.
