Hyderabad Metro Phase-II project will connect BHEL to Lakdikapul via Kondapur and other major areas.
"The line will pass through Madinaguda, Gachibowli, Kondapur, Khajaguda junction, Biodiversity park, Mehdipatnam, and so on," said Hyderabad Metro Rail Ltd (HMRL) Managing Director NVS Reddy.
The proposed Metro Line will be 26 kilometers long having 23 stations en route.
Reddy further stated that a report has been submitted to the Centre for approval. Detailed Project Reports (DPRs), as prepared by DMRC, and other related documents were also sent on October 27, 2022.
"There are several employees in the industrial and IT sector. It is a very busy corridor," he said.
The Phase -II Project from BHEL to Lakdikapul will cost Rs 8,453 crore.
Minister of Municipal Administration and Urban Development (MA&UD), KT Rama Rao asked the Central Government to approve the project as a joint venture with outside financial support.
In a letter, KTR asked Union Minister for Housing and Urban Affairs Hardeep Singh Puri to include the proposal in the coming budget.
MA&UD Minister also sought a meeting with Union Minister to explain the project.
KTR said Hyderabad has experienced the fastest real estate growth, particularly between 2019 and 20.
"With the opening up of all the offices in the post-COVID scenario, the need for expansion and strengthening of public transportation system needs no emphasis," he added.
The first phase of the 69-kilometer-long Hyderabad Metro Rail Project was completed and is now fully operational. In addition, he noted that it is the largest Metro Rail Project in PPP mode under the GoI's VGF scheme.
There are currently three metro lines in Hyderabad- Blue, Green, and Red.