Telangana CM Revanth Reddy Requests HUDCO Loans for Multiple Development Projects.

Telangana Chief Minister A. Revanth Reddy recently requested loans from the Housing and Urban Development Corporation (HUDCO) for several major infrastructure projects, while also seeking restructuring of existing loans.

The appeal came during a meeting with HUDCO Chairman Sanjay Kulshrestha in Hyderabad. Reddy urged the corporation to provide loans at low interest rates for high-profile initiatives, including the Bharat Future City, Hyderabad Metro Rail extension, and the Regional Ring Road (RRR).

The Chief Minister also briefed the HUDCO Chairman on plans for Greenfield roads connecting Bharat Future City to Chennai via Bangalore and Amaravati, a Greenfield highway to Bandar Port, and the upcoming Bullet Train project. He further requested restructuring of previous loans and relief from the high interest rates on loans previously taken by the state government.