The Telangana government has intensified its push for large-scale infrastructure development, with Chief Minister A. Revanth Reddy urging HUDCO to extend low-interest loans for several priority projects. During a meeting with HUDCO Chairman Sanjay Kulshrestha, the Chief Minister highlighted the need for affordable financing to accelerate the expansion of the Hyderabad Metro Rail, the creation of Bharat Future City, and the development of major regional road networks.
The state’s proposal includes funding support for the Metro Rail extension connecting key growth corridors, new radial roads, and the Regional Ring Road, which is expected to improve mobility and reduce traffic congestion across the region. The Chief Minister also requested loan restructuring for borrowings made by the previous administration, noting that high interest rates had increased the state’s financial burden. Securing loans at lower rates, he emphasized, would help ensure the timely completion of ongoing and upcoming urban development projects.
Another major focus of the meeting was the Bharat Future City initiative, a strategically planned urban hub on the outskirts of Hyderabad. The project is envisioned to include enhanced road connectivity through greenfield highways linking the city to Bengaluru, Chennai, Amaravati and Bandar Port. The government aims to build the new city as a centre for technology, global business investment and future-ready infrastructure.
HUDCO’s chairman stated that the organisation had already sanctioned loans under the state’s Indiramma housing scheme and confirmed that funds for an additional 10 lakh houses would be released promptly. He also expressed willingness to consider the state’s request for more favourable loan terms, reaffirming HUDCO’s support for both housing and infrastructure development in Telangana.
The Chief Minister invited the HUDCO chairman to attend the Telangana Rising Global Summit scheduled for December 8 and 9 in Bharat Future City. The summit will showcase the state’s long-term development blueprint, featuring planned investments in housing, transportation and urban transformation.
With the government seeking substantial financial backing, the push for HUDCO loans is expected to play a crucial role in advancing Hyderabad’s infrastructure, expanding connectivity and supporting the state’s long-term growth strategy.
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