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Musi Riverfront development
Telangana Govt Proposes Rs 1500 Cr for Musi Riverfront Development
Hyderabad: The Telangana government has proposed an allocation of Rs 1,500 crore for the Musi riverfront development project in the 2024-25 budget, unveiled by Deputy Chief Minister Mallu Bhatti Vikramarka in the state Assembly on Thursday. Vikramarka stated that the project aims to revive the ecosystem around the Musi River and improve 110 km of urban area in and around Hyderabad.
“As part of the project, recreation zones, people’s plazas, children’s theme parks, and entertainment zones will be developed,” he said. The project’s main goals include establishing an economic zone, improving living standards, protecting heritage and culture, enhancing the city’s image, and upgrading infrastructure.
The state government has already undertaken a socio-economic survey with 33 teams from the revenue department to support these objectives. “Development of Musi will be done on the lines of the Thames Riverfront Project in London. This project will be a milestone in Hyderabad’s history and its model will be fit for replication across the country,” added Vikramarka.
Before the Union budget, Chief Minister A Revanth Reddy and a team of ministers met with Union Jal Shakti Minister Chandrakant Raghunath Patil in Delhi, requesting the Centre to allocate Rs 10,000 crore for Musi rejuvenation and riverfront development. However, the Centre has not made any specific allocation in the budget for this purpose.
In last year’s budget, the previous state government had initially estimated an allocation of Rs 200 crore for Musi riverfront development, which was later revised to Rs 50 crore.
