Hyderabad to Rival NYC as part of ambitious development plans

Telangana Chief Minister A Revanth Reddy on Tuesday revealed that his administration is striving to make Hyderabad one of the top cities globally.

Major initiatives such as Musi riverfront development, regional ring road and Metro Rail expansion are on the agenda, he said.

According to an official statement, the CM highlighted how the growing number of Telangana residents in the US underscores the need to bring Hyderabad up to the standards of New York City.

The announcement came during a meeting with a delegation led by Matthew Bouw, CEO of Cushman and Wakefield Asia Pacific. IT and Industries Minister D Sridhar Babu also attended.

The Cushman and Wakefield delegation shared their study, indicating Hyderabad’s significant six-month growth in rental, office and residential space.

The CM was informed that a report on India’s metropolitan development will be released by the end of July this year, revealing continuous bi-annual updates on the city’s growth.

Additionally, an executive from US aerospace and defense giant Lockheed Martin also met the chief minister.

(This story has not been edited by Devdiscourse staff and is automatically generated from a syndicated feed.)