Overview
- Chief Minister A. Revanth Reddy will present the Phase‑1 detailed project report and master plan on March 13 to outline the Musi riverfront programme.
- Reporting on the DPR cites a Phase‑1 estimate of about ₹5,812.4 crore, with the state seeking ₹4,100 crore from the Asian Development Bank that officials say has in‑principle clearance.
- Cost claims for the Gandhi Sarovar component remain contested, with the Chief Minister rejecting a ₹5,000 crore figure as he cites roughly ₹70 crore for the statue and ₹200 crore for the facility, while DPR line items list the statue at ~₹73.8 crore and a museum/statue building at ~₹220 crore.
- HYDRAA’s lake‑revival drive advanced with the reopening of Bum Rukn‑ud‑Dowla and Nalla Cheruvu, as the government pitches a ‘lake/night economy’ with stalls for women’s self‑help groups and new public amenities.
- On displacement, the government proposed seven acres of land plus deposited construction funds for Madhu Park Ridge residents, while residents say they await written details and seek clarity on relocation, compensation and logistics.