It will come up on either side of the Outer Rind Road. HUDA will set up about 10 big projects, these include software, hardware and nanotechnology parks and already, the big developers have arrived. The Rahejas, IGM, Lanco Group, DLF, Unitech, GVK and others will invest about Rs.4,500 crore to put up integrated townships in these areas.
According to Project Director, Outer Ring Road, Peeyush Kumar, "The whole objective of this project is that beyond 25-30 kms, newer areas will be accessible. You have a international airport and you have faster connectivity through this corridor." He is very confident, that any international investor will feel happy to come and set up an integrated township, from where people can walk to work and to school. People will have all amenities in these townships, he states. One kilometre on either side of Outer Ring Road, has been designated a Growth Corridor. Construction has already begun and the first phase will be ready by the end of next year, which will be complete with integrated townships. Clearly the outskirts of Hyderabad will never be the same again.
