Pushes the accelerator for three-phased Genome Valley: Rx Propellant
Welcoming the announcement of a much-awaited elevated corridor in Hyderabad last month, Rx Propellant, a leading life sciences infrastructure platform and a major developer in the city’s Genome Valley, has said that this will accelerate holistic development of the suburban Hyderabad that in turn will benefit the entrepreneurial ecosystem, including life sciences companies.
Milind Ravi, CEO, Rx Propellant comments that better connectivity with the elevated corridor will improve the supply chain for life sciences companies in Genome Valley and improve access to talent pool of skilled professionals as it reduces travel time by 75 per cent.
Vishal Goel, Managing Director, Rx Propellant added that while the development plan for Genome Valley and surrounding areas initiated through this elevated corridor would boost intra-state and inter-state connectivity significantly to districts of Karimnagar and Mancherial as well as cities like Nagpur in Maharashtra, the project will also act as an essential for all-round development including residences, schools and higher education institutions, commercial properties, recreation facilities and hospitality outlets. The designation of a 25-km radius as “Pollution Free Zone” makes Genome Valley is well-suited for a healthy and fulfilling lifestyle.
In March, the Ministry of Defence had reportedly approved the construction of elevated corridors across defence territory in Hyderabad, marking a significant step forward in transportation infrastructure development. The clearance came after eight years of pending requests and negotiations and will yield a significant positive impact on all three phases of Genome Valley, located across the suburbs of Turakapally, Shamirpet, Medchal, Uppal, Patancheru, Jeedimetla, Gachibowli and Keesara. The corridors are poised to further promote faster movement on critical routes such as the Hyderabad-Nagpur National Highway and the Hyderabad-Karimnagar Rajiv Highway.
The approved project encompasses two major corridors, each strategically designed to alleviate congestion and streamline traffic flow along key routes. Corridor 1 spans 18.30 kilometres from Paradise Junction near Kandlakoya to the Outer Ring Road (ORR) on Nagpur Highway (NH-44). Out of this stretch, 12.68 km will be constructed as a six-lane elevated corridor with exits and entrances at critical points. Additionally, plans have been developed for a double-decker corridor to suit future metro extension projects. Corridor 2, on the other hand, will be a 11.30-kilometre long, six-lane elevated.