The "breakthrough" was achieved at a meeting held at Metro Rail Bhavan, between HMR officials led by Managing Director, NVS Reddy and Traders' Joint Action Committee.
At the meeting, Reddy informed the gathering that Telangana Chief Minister K Chandrashekar Rao had directed HMR officials to arrive at a mutually agreeable special package to Badi Chowdi-Sultan Bazaar-Koti area, given its special place in history and culture of Hyderabad, an HMR release stated.
Owners of the shops and establishments at Sultan Bazar had held protests demanding that the government protect the historic area, mainly comprising garment and textile shops, by realigning the Metro Rail Corridor-II.
They had observed a shutdown in November against the state government's decision to allow the elevated Hyderabad Metro Rail to pass through the area as per the original plan.
"In view of the narrow roads and pedestrian nature of Sultan Bazaar stretch of corridor-II, road widening will be minimal as a special case and no religious or other sensitive structures shall be touched by the widening," the release quoted Reddy as saying.
"In future these facilities will be converted into a night bazar as well," he said.
Officials also explained about the HMR's Relief & Rehabilitation Complex at Putlibowli, which will accommodate those traders of Sultan Bazar who will lose their shops for the metro project.
The HMR MD also indicated that the tenants whose livelihood was to be affected will be suitably compensated.
"Overjoyed by the features of the R&R complex,
proposed hawkers facilities and special compensation package, the large gathering of owners, tenants and hawkers of Badi Chowdi, Sultan Bazaar and Putlibowli assured their full cooperation for smooth execution of Metro Rail project in this area," the release added.
L&T Metro Rail Hyderabad (L&TMRH), the concessionaire, is developing the 72-km elevated metro rail project here with three corridors and 66 stations.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
