Hyderabad Sanctions Rs 7.49 Billion for Roads and Civic Projects

08 May 2025 CW Team

The Greater Hyderabad Municipal Corporation (GHMC) has approved infrastructure upgrades worth over Rs 7.49 billion to improve urban mobility and civic services across the city. A major component of this investment is a high-impact corridor linking Khajaguda Junction, IIT Junction, and Cyberabad Police headquarters to Gachibowli—targeting congestion relief and better accessibility in Hyderabad’s core technology zone.

A 215-foot-wide arterial road will be constructed between Khajaguda and Gachibowli. The design includes multi-level flyovers, a 150-lane connector from Anjaiah Nagar to Ranki Tower Road, and grade separators to support current and future traffic demands. Officials expect the corridor to improve public transport access and support modal shifts, while also incorporating pedestrian-friendly and eco-conscious elements.

Additional works include Rs 21.2 million for relocating the Krishna Phase-two water pipeline at Bandlaguda Cross Road and constructing a box drain between Yerragunta and Bandlaguda Housing Colony to manage flooding and health risks.

The GHMC has also leased 4,350 square yards in Gopanpally to an animal welfare group for a modern care centre. A Rs 51 million road widening plan for the Nagabowli–Dabeerpura stretch and a Rs 29.5 million reconstruction in Bouddha Nagar have also been sanctioned, with drainage and concrete road enhancements near schools.

A new agreement will see a healthcare organisation maintain Jubilee Hills Check Post Park and Bamboo Park for three years. Furthermore, GHMC approved land acquisitions for widening roads in congested areas like Topkhana Masjid, Osmangunj, and Begum Bazaar, with over 260 properties to be procured for expanding corridors up to 18 metres wide.

Urban experts have welcomed these upgrades, urging equitable implementation with community input to ensure sustainable growth and minimal displacement.

Source:UrbanNews

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..