CM Revanth Reddy to inaugurate Old City Metro's foundation soon
RAILWAYS & METRO RAIL

CM Revanth Reddy to inaugurate Old City Metro's foundation soon

The long-pending Metro works covering a distance of over 5 km from MGBS to Falaknuma are on the verge of being initiated. It has been announced that Chief Minister A Revanth Reddy will lay the foundation stone for the estimated Rs 15 to Rs 20 billion project at Falaknuma within a week. Sources reveal that Revanth Reddy, who has been eager to witness the Metro Rail running between MGBS and Falaknuma, a segment planned under Phase-I but remained incomplete, will inaugurate the foundation stone during his first visit to the Old City this week.

Although specific dates have not been confirmed, it is anticipated that the Chief Minister will complete the task before the Lok Sabha election code comes into effect. An official clarified, ?There won?t be a significant deviation from the DPR, and the allocated funds for completing the stretch will remain unchanged. The estimated cost is Rs 15 billion if we consider the 5 km distance. All preparations are in place, and once the government gives the green signal, the construction will commence.? With a 100-feet gap between each pillar, the cost for one kilometer of the extension towards Falaknuma is estimated to be around Rs 3 billion. The official added, ?There will be approximately 5 stations along the route to Falaknuma. Extending the road by 100 feet on this stretch will create the necessary space for erecting pillars in the median.?

Meanwhile, representatives of the Old City Metro JAC, who have been actively advocating for the project, express satisfaction that the infrastructure works, which have been pending for a long time, will finally commence. Giving credit to the Chief Minister for taking the initiative, JAC member Osman Al Hajri recalled how Revanth Reddy, immediately after assuming the position of PCC president in 2022, investigated the reasons behind the project delay and elevated it to a significant political issue.

?We have been advocating for the introduction of the Metro in the Old City because without proper transportation, especially towards Hitech City, the youth are facing difficulties. The journey to the IT corridor takes hours, and apart from spending on petrol, people have to endure pollution. If this stretch becomes a reality, it will eventually extend to the Airport, providing convenience for those traveling by flight,? explained Osman. He alleged that the previous government neglected the Old City Metro project and prioritized new corridors in the outskirts to promote real estate development in those areas. ?Since Revanth assumed the role of PCC chief, this issue has consistently been in the spotlight, and now, with him being the CM of the State, it is poised to become a reality soon,? declared the JAC member.

The long-pending Metro works covering a distance of over 5 km from MGBS to Falaknuma are on the verge of being initiated. It has been announced that Chief Minister A Revanth Reddy will lay the foundation stone for the estimated Rs 15 to Rs 20 billion project at Falaknuma within a week. Sources reveal that Revanth Reddy, who has been eager to witness the Metro Rail running between MGBS and Falaknuma, a segment planned under Phase-I but remained incomplete, will inaugurate the foundation stone during his first visit to the Old City this week. Although specific dates have not been confirmed, it is anticipated that the Chief Minister will complete the task before the Lok Sabha election code comes into effect. An official clarified, ?There won?t be a significant deviation from the DPR, and the allocated funds for completing the stretch will remain unchanged. The estimated cost is Rs 15 billion if we consider the 5 km distance. All preparations are in place, and once the government gives the green signal, the construction will commence.? With a 100-feet gap between each pillar, the cost for one kilometer of the extension towards Falaknuma is estimated to be around Rs 3 billion. The official added, ?There will be approximately 5 stations along the route to Falaknuma. Extending the road by 100 feet on this stretch will create the necessary space for erecting pillars in the median.? Meanwhile, representatives of the Old City Metro JAC, who have been actively advocating for the project, express satisfaction that the infrastructure works, which have been pending for a long time, will finally commence. Giving credit to the Chief Minister for taking the initiative, JAC member Osman Al Hajri recalled how Revanth Reddy, immediately after assuming the position of PCC president in 2022, investigated the reasons behind the project delay and elevated it to a significant political issue. ?We have been advocating for the introduction of the Metro in the Old City because without proper transportation, especially towards Hitech City, the youth are facing difficulties. The journey to the IT corridor takes hours, and apart from spending on petrol, people have to endure pollution. If this stretch becomes a reality, it will eventually extend to the Airport, providing convenience for those traveling by flight,? explained Osman. He alleged that the previous government neglected the Old City Metro project and prioritized new corridors in the outskirts to promote real estate development in those areas. ?Since Revanth assumed the role of PCC chief, this issue has consistently been in the spotlight, and now, with him being the CM of the State, it is poised to become a reality soon,? declared the JAC member.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement