FCC

New master plan's roads will spur growth in Tirupati

2023-03-13

Tirupati, a holy city in India, is undergoing significant infrastructure development and internal road connectivity projects. Alongside the much-publicised Srinivasa Sethu elevated expressway project, the Tirupati Municipal Corporation is executing 15 master plan road works within the city to alleviate traffic congestion permanently. These projects, with a budget of INR 520 million, had been proposed almost a decade ago but lacked political will and commitment.

However, the council led by mayor Dr R Sireesha and deputy mayor Bhumana Abhinay Reddy passed a resolution in late 2022 to execute the road works and complete them before the end of 2023. The road works are progressing at a brisk pace and are expected to benefit middle-class income groups. The increased land values along the new roads are expected to help the lower and middle-income groups, as many of their vacant lands are currently undervalued due to poor road connectivity.

The new roads are expected to positively impact construction and real estate activities in approximately 3500 acres of land in the temple city, which will boost the local economy. The Tirupati Municipal Corporation is providing TDR bonds to the displaced, and the compensation paid is almost four times the market value, enabling the corporation to execute the road-works smoothly and quickly.