Hyderabad: In a multi-pronged approach aimed at not only addressing the present traffic problems in IT corridor but also put in place infrastructure aimed at long term solutions, a series of new facilities are being created in and around Madhapur.
After taking up construction of an underpass and a flyover, efforts are now on to plan a tunnel that will further ease traffic here.
The Greater Hyderabad Municipal Corporation (GHMC) is contemplating a new road connecting Inorbit Mall to Chitrapuri Colony via Hyderabad Knowledge City, Khajaguda junction, extending up to Phoenix Junction via Nanakramguda, Outer Ring Road. The entire project is being planned involving an estimated expenditure of about Rs 700 crore.
As part of the long term plans and to handle the traffic volume in Madhapur and neighbouring areas, GHMC plans to take up this massive project. Under this initiative, a tunnel covering a length of over 500 metres is being planned from Inorbit Mall towards Khajaguda junction beneath the hillock in the area.
The civic body has issued a notification to appoint a transaction advisor for executing the project which is being planned under the Design, Build, Maintain and Transfer basis. The role of the transaction advisor will be to study the financial, technical and the legal aspects. The advisor will have to complete all the aspects facilitating the corporation to invite commercial organisations and scale up the bankability of the project, said a senior official. “Soon after the advisor completes the study and submits a report, it will be sent to the government for final approval,” he said.
The basic idea is to ease traffic congestion in Madhapur and neighbouring areas and facilitate multiple roads so that motorists, especially those working with different corporate companies, to travel without much inconvenience towards Gachibowli, ORR, Shamshabad and other areas, he said.
A suspension bridge is being constructed connecting Inorbit Mall end to Jubilee Hills, underpass and flyover at Mindspace junction to ease traffic flow.