Telangana government approves ₹7,345 crore Musi Riverfront project
after close1 source ↓written by the desknot a recommendation
- for the Musi
- ₹7,345.12 crore
- in Hyderabad
- 21 km
- loan
- ₹4,500 crore
- from state resources
- ₹2,845.12 crore
The Telangana government has sanctioned ₹7,345.12 crore for the Musi Riverfront Development Project, covering 21 km in Hyderabad. Funding will come from a ₹4,500 crore loan from the Asian Development Bank and ₹2,845.12 crore from state resources. This initiative aims to enhance urban infrastructure and environmental conditions in the region.
The project is expected to stimulate local economic activity and improve urban resilience, potentially benefiting construction and infrastructure sectors. 🚧
Not investment advice. For informational purposes only.