Hyderabad, March 25 -- Telangana Roads and Buildings Minister Komatireddy Venkat Reddy has announced the construction of a Rs 941 crore double-decker elevated corridor between LB Nagar and Hayathnagar to address heavy traffic congestion on one of the city's busiest routes.

The 5.5-kilometre stretch is expected to benefit around 1.2 million residents across 70 colonies.

Funding and approval

The project will be jointly funded by the central and state governments, with Rs 741 crore from the Centre and Rs 200 crore from the state. The proposal, sent earlier this month, has already received central approval. The tendering process is expected to begin within six months.

In another initiative, a 1.2-kilometre double-decker flyover will be co...