Minister for MSMEs and road transport & highways Nitin Gadkari on Monday gave in-principle approval for the construction of a Rs 10,000 crore regional ring road in Telangana. The 158-km ring road, on the northern part of the state, will be a game changer for the state, union minister of state for home affairs G Kishan Reddy, who hails from Telangana, said.
Talking to media after a meeting with Gadkari at the latter’s New Delhi residence, Reddy said 40% of the people of Telangana will be benefitted from the construction of the ring road which might take three years to complete following land acquisition.
Reddy said the civil construction cost of the stretch will be Rs 7,561 crore and the land acquisition cost will be around Rs 1,961 crore. Taking the administration cost into account, the total cost of ring road will be around Rs 10,000 crore.
