SCR seeking land for new terminals
According to a report published in the Deccan Chronicle, the South Central Railway (SCR) is seeking land from the State Government for the construction of four new terminals at Shamshabad, Hitec City, Moula Ali and Medchal in Hyderabad.
The report further notes that, "the SCR has got the Railway Board’s nod for the construction of the terminals but non-availability of land has been a bottleneck for the project. Rs. 1,000 crore is required for each new railway station as it will be of international standards."
This is good news for the commuters of these areas as well as real estate developers providing real estate projects in the specified areas.
Related posts:
- Cut in stamp duty while land rates hiked
- Hyderabad land transactions
- HMDA land auction on hold
- Agri Gold in Hyderabad real estate market
- HMDA raises funds via pledging land