Long Wait Comes To End, Metro Rail Expansion Begins In Old City

24 Jan 2025 CW Team

The long-awaited extension of Hyderabad Metro's Green Line from Mahatma Gandhi Bus Station to Chandrayangutta has finally commenced, connecting the Old City to the metro network. Initially planned during the first phase, the project faced repeated delays due to alignment disputes and property acquisition challenges. Demolition work is underway along Mir Alam Mandi Road near Charminar, where road widening is being carried out to accommodate metro pillars, viaducts, and stations. The 7.5-kilometre elevated track, part of the metro’s second phase, will connect Shalibanda, Falaknuma, and Chandrayangutta, introducing modern transit infrastructure to this densely populated area. Hyderabad Airport Metro Limited (HAML) Managing Director NVS Reddy remarked that the expansion is long overdue and crucial for integrating the Old City with Hyderabad’s public transport system. He added that compensation to affected property owners is progressing, with Rs 200 million disbursed in the first phase to 41 owners of 34 properties. Overall, compensation is expected to total approximately Rs 10 billion, covering 1,100 properties along the route. The metro alignment has been planned to minimise the impact on heritage structures in the Old City, with special efforts to protect historical buildings. Local residents have expressed mixed feelings, acknowledging the challenges of losing properties but recognising the benefits of improved connectivity. The extension is anticipated to reduce travel time between the Old City and other parts of Hyderabad, benefiting thousands of commuters daily. Future expansions will also offer seamless access to the airport, further enhancing connectivity.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..