Hyderabad: Telangana chief minister K Chandrashekar Rao will lay the foundation stone for the Airport Express Metro corridor on December 9. The project, which is 31 km long will begin at the Mindspace junction and ends at the Rajiv Gandhi International Airport in Shamshabad and will cost an estimated Rs 6250 crores.
The matter was announced by MA&UD minister KT Rama Rao on Twitter.
“Hyderabad is Forging Ahead Happy to announce that Hon’ble CM KCR Garu will be laying the foundation for Airport Express Metro
on 9th December This project starting at Mindspace junction to Shamshabad Airport will be 31 KM long & will be costing approximately ₹6,250 Cr,” he said.
The state government has urged Central Government to accord in-principle approval for the Hyderabad Metro Rail Phase -II Project from BHEL to Lakdikapul costing Rs 8,453 crore as a jointly owned project of Union Government and Government of Telangana State (GoTS) with external financial assistance.
In a letter addressed to Union Housing and Urban Affairs Minister Hardeep Singh Puri, state minister KTR requested him to include the said proposal in the ensuing union budget for 2023-24. The new Metro Line is proposed to be of 26 kms long with 23 stations.
To avoid delays in processing, Detailed Project Reports (DPRs) of the project (as prepared by DMRC) and other related documents were sent to Government of India by the Telangana Government on October 27, 2022, the Minister added.
The Minister said that Hyderabad is the fastest growing Metropolitan city in terms of quarterly and year on year growth of real estate sector especially since 2019-20. With the opening up of all the offices in post-COVID scenario, the need for expansion and strengthening of public transportation system needs no emphasis, he added.
With inputs from IANS.