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
New Delhi: Welcoming the announcement of the much-awaited elevated corridor earlier this month, Rx Propellant, India’s 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.
“We welcome the futuristic and well thought out development plan for Genome Valley and surrounding areas initiated through this elevated corridor. It is going to 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. By designating a 25-km radius as “Pollution Free Zone”, Genome Valley is well-suited for a healthy and fulfilling lifestyle. The announcement highlights the possibilities in the scale of development that can happen when both state and central governments work towards it,” says Vishal Goel, Managing Director, Rx Propellant.
