HMDA mortgages 10 land parcels to raise ₹10,000 crore for infra works

HMDA mortgages 10 land parcels to raise ₹10,000 crore for infra works

Hyderabad Metropolitan Development Authority has pledged ten of its land parcels as collateral to secure ₹10,000 crore in financing. The capital will fund the building of two new radial roads—linking the Raviryal exit of the Outer Ring Road to Amangal and connecting Shamshabad with Pargi—as well as two elevated corridors on National Highway 44 and State Highway 01.

HMDA mortgages 10 land parcels to raise ₹10,000 crore for infra works — PinBrief