Minister KT Rama Rao launches lake adoption by real-estate developers

Current Affairs

  • Minister for Municipal Administration & Urban Development K.T. Rama Rao launched the ‘Lakes Development Programme’ through which the government seeks to hand over the city lakes to real estate developers and builders for their rejuvenation and beautification.
  • Already, several lakes have been adopted by private companies for development under corporate social responsibility initiatives.
  • The latest addition under the programme will be 51 lakes in the city, of which 26 are under the purview of GHMC and the remaining under HMDA.
  • Copies of MoUs signed with the real estate companies were handed over to company representatives by the Minister, after launch of the programme at Khajaguda Lake.
  • Giving a sneak peek into a few of the plans for Hyderabad, the Minister said that in future, Hyderabad will have at least 250 kms of Metro line in and around the city and all the buses in Hyderabad will be electric.
  • Stating that no other city in India has the future and potential that Hyderabad has, KTR added that plans are afoot for the expansion of medical devices park, another world class film city, an international-standard sports city, and an academic city.

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