Tenders for RRR this month

The central government is preparing for the tender process.

Work on RRR is set to begin in March next year.

Plans are in place to complete RRR within six years.

The government is making arrangements to take ownership of the southern part of the Regional Ring Road. The central government is constructing the northern part of RRR. Previously, it was only considered a national highway, but it has recently been included in the expressway list. Until then, it was temporarily designated with the number 161-A. A new number will be assigned as an expressway instead. Officials state that forest clearance will be granted only after this new number is allocated.

On the other hand, to facilitate the distribution of land compensation related to the Regional Ring Road, a process for passing awards village-wise also needs to be conducted. For this to happen, the compensation funds must be allocated to the NHAI. Since the state government is required to bear half the amount for land acquisition in the northern part, those funds need to be deposited by the state government.

As part of the construction of RRR, interchanges will be set up where state highways and national highways intersect. Additionally, more than 100 underpasses and 85 bridges will be constructed in the northern section. The construction of the northern part is estimated to require over Rs 13,000 crores, with around Rs 2,000 crores needed specifically for the construction of clusters, bridges, and underpasses.

There are plans to establish satellite townships along the Regional Ring Road. These satellite cities, which will develop around Hyderabad, will enhance connectivity not only to the capital but also to other smaller towns. Industrial clusters and logistics parks will be set up in these areas. Given that land prices in Hyderabad have already skyrocketed, a large number of real estate ventures are expected to emerge between the ORR and RRR. As a result, the middle class will have the opportunity to buy plots in these areas at lower prices compared to the city. However, realtors and agents have already increased the rates that are expected to rise by the time RRR is completed. If this trend of increasing rates continues, the market in that area will become inaccessible to the general public.