ORR gets boost with HMDA Budget
Hyderabad – The Hyderabad Metropolitan Development Authority (HMDA) has proposed a budget of Rs 3,772 crore for the year 2013-14. A major part of this budget (Rs 1,551) is allocated for the Outer Ring Road (ORR) project in order to ease traffic congestion in the city.
The budget proposed by HMDA is around Rs 800 crore more than the previous year. The capital expenditure and revenue expenditure include Rs 2,887 crore and Rs 885 crore respectively. The major component of revenue expenditure (Rs 313 crore) includes development charges, processing fee and other charges. The funds have been arranged from government (Rs 1,998 crore) and through auction of bulk lands(Rs 159 crore).
The HMDA has also earmarked around Rs 1,131 crore for new projects in Hyderabad. According to HMDA officials, these projects include development of Hyderabad Habitat Center on public private partnership (PPP) model, development of Science City in Hyderabad Metropolitan Area on PPP mode, the site services at Jawaharnagar, transit oriented development at Moosapet , Khanamet PPP and Saroornagar, the Inter-City Bus Terminal at Miyapur, logistic hubs at Mangalapally and Batasingaram, road over-bridge at Sanjeevaiah Park, infrastructure facilities for a residential layout in Uppal, R and R package of Uppal Bhagat, Special Economic Zone (SEZ) at Kokapet etc.
It also includes budget for Regional Ring Road (Rs 300 crore) and protection and development of lakes (Rs 150 crore).
The HMDA has also set aside budget for parks and public places (Rs 50 lakh), urban greening (Rs 8.77 crore), Hyderabad Airport Development Authority roads (HADA roads) (Rs 11,92 crore), Buddha Purnima Project (Rs 7.65 crore), PVNR Elevated Expressway Corridor project (Rs 31.37 crore).
The budget also proposes Hussainsagar Lake and Catchment Area Improvement Project (Rs 101 crore) and construction of four Grade Separators at major intersections outside Greater Hyderabad Municipal Corporation in Hyderabad Metropolitan Area (Rs 50 crore).
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