HMDA to Execute ₹303.62 Cr Infrastructure Projects in Secunderabad

The Hyderabad Metropolitan Development Authority (HMDA) has been authorized to undertake ₹303.62 crore worth of infrastructure development proposed by the Secunderabad Cantonment Board (SCB).

Under an Equal Value Infrastructure (EVI) agreement, the project will use Ministry of Defence (MoD) land to construct two elevated corridors. The cost will be covered through HMDA funds, bypassing cash compensation to the Consolidated Fund of India.