Published on Wed, Sep 20, 2006 at 20:53 | Source : Moneycontrol.com
Updated at Thu, Sep 21, 2006 at 14:50
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Hyderabad's Rs 12,000 cr makeover!
Rs 12,000 crore, that's how much Hyderabad's Urban Development Authority, HUDA, will invest in its infrastructure. In this exclusive report CNBC-TV18 spells out the details.
Hyderabad is in for a Rs 12,000 crore makeover. In the next three years, the Hyderabad Urban Development Authority hopes to change the face of this city with big-ticket infrastructure development.
It will get to work on its pet project on the Outer Ring Road and two residential townships on it. Besides, it will construct a 12-kilometre elevated expressway, connecting the city to the new international airport.
It will build a bus terminal and two commercial towers. To crown it all there will be an elite 200-acre NRI township as well.