Outer Ring Road Development
Telangana state government is in plans to focus on the development around outer ring road premises. Government is in plans to setting up Information Technology and Investment Regions all along the Outer Ring Road (ORR).
The government lands would be identified in one kilometre range on both sides of the ORR and they would be marked for industrial purpose so that industrialists who are coming to invest in ITIR region need not waste time for conversion of land for industrial purpose. The municipal administration minister KTR has been reviewing the situation with the concerned officials after establishing contact with Hyderabad Metropolitan Development Authority (HMDA) wing. It is reported that ORR, which is surrounded with around 200 villages and the place having more than lakh acres, will suitably be used for development.
On the other hand inverters from worldwide are looking for the Budget 2016 – 17 which will be presented by Finance Minister Eetela Rajendra on 14th of this month.