The Fourth City is a project by the Telangana government to develop a new city in Mucherla, which is meant to accommodate Hyderabad's growing population and economic activity. The project is expected to have a significant impact on the real estate market in Hyderabad and its surrounding areas.
Some of the News Paper Clippings about the 4th City / Future City.....
If the Congress government in Telangana led by chief minister Sri. A Revanth Reddy has its way, the state capital will soon have a fourth city, named as “Future City,” the other three being Hyderabad, Secunderabad and Cyberabad.
Coming up at Mucherla in Rangareddy district, about 50 km from the main city of Hyderabad towards its southern side, the “Future City” is proposed to be developed as an ultramodern region keeping in view the future needs of the Generation Next.
“We are building the Future City, which will be India’s answer to the future. It will be India’s first Net Zero Carbon city. Future City will become a hub for Artificial Intelligence, medical tourism, sports, software and pharma. It is like a second round of gold rush,” the chief minister said.
According to Revanth Reddy, it will become a hub for artificial intelligence, electronic city, medical tourism, sports, software and pharma. “It will have all amenities, includin…
536 km Outer Ring Rail that will run parallelly to the RRR with a bypass-cum-rail over rail at Akkanapet, Yadadri, Chityal, Burgula, Vikarabad and Gate Vanampalli.
Impact Of The Outer Ring Rail Project On Hyderabad Real Estate:
Growth corridors and integrated townships have improved Hyderabad's economic environment, reduced urban congestion, and encouraged planned suburban development.
The Outer Ring Rail project around Hyderabad will impact the real estate market. Our research suggests property prices in connected localities will increase by 100-150%.
340 km Hyderabad Regional Ring Road (RRR) expressway project by NHAI is a proposed 4 lane access-controlled road connecting the towns of Sangareddy, Toopran, Choutuppal, Amangal, and Shankarpally.
The project will be developed in two portions:
Northern half with a length of approx. 164 km is estimated to cost Rs. 9,500-crore and will connect Sangareddy, Narsapur, Toopran, Gajwel, Yadadri, Pragnapur, Bhongir and Choutuppal.
Southern half with a length of approx. 182 km is estimated to cost Rs. 6,480-crore and will connect Choutuppal, Ibrahimpatnam, Kandukur, Amangal, Chevella, Shankarpally and Sangareddy.
A growth corridor is an area designated for investments to further economic growth and development. The planning and strategies for these regions can cover everything from community infrastructure and social facilities to housing, transportation and jobs.
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