MEDIA COVERAGE
January 16, 2023
How The Outer Ring Road (ORR) Project Of Hyderbad Is All Set To Elevate The Metropolitan Aspects Of The City
Mr Rakesh Reddy, Director , Featured Article on 99 Acres
Considering the pace of progress at which the city of Hyderabad is growing, it is clear that the city is rightfully going to prove itself as the Pearl of India. The Hyderabad Outer Ring Road (ORR), a 158 km road project created by the Hyderabad Urban Development Authority, is a component of this mission. The eight-lane road that surrounds Hyderabad was opened in December 2012 with the goal of providing seamless access to as many major hubs as possible.
The Outer Ring Road (ORR) in Hyderabad is crucial to the evolution of the city into a major international hub. It has directly contributed to the creation of growth corridors that will enable the city to continue to grow and develop. The expansion corridors offer a solution to meet demand without unreasonably skyrocketing costs as demand for Hyderabad real estate increases.
Speaking further about the same, our Director Mr. Rakesh Reddy, Director in his conversation with 99 Acres stated, “The growth corridors in the northern and western suburbs connected via the ORR, including Tellapur, Kompally, Nallagandla, and Patancheru, are gaining interest from home buyers for their value. These areas offer quality property options at competitive rates and strategic connectivity to commercial hubs. Moreover, with work-from-home (WFH) becoming the norm, many IT and financial professionals opt for spacious properties to accommodate home offices. As per trends, the luxury housing segment in the northern and western suburbs is seeing the majority of new project launches in Hyderabad.”
To understand further the intricacies of what our Director was implying, and the notions of growth graph for the city of Hyderabad with respect to the ongoing mega infrastructure projects, click on the link below:
