HYDERABAD: Latest News of the day Government of Telangana Chief Minister K. Chandrasekhar Rao (KCR)is strategizing to develop this Telangana state and endeavouring to turn-up into new sophisticated city in next 5 years to develop world-class Cinema City and Sports City at Rachakonda Hills at Rachakonda near here, it was announced on 22nd Dec 2014 (Monday).
Government of Telangana Chief Minister K. Chandrasekhar Rao (KCR) another two ministers moved ahead to the area, chief secretary Rajiv Sharma, collectors of the two districts and other senior officials.The finally decision has been taken after by CM KCR who has made an aerial survey of the area located on the border amongst two districts named Ranga Reddy and Nalgonda. According to an official statement, they found the area suitable for the Cinema City and Sports City. About 31,000 acre land is available in Rachakonda, which has a historic fort and is a key tourist attraction. The area is already famous for shooting of Telugu films, The Cinema City is proposed on a par with Hollywood to give fillip to the cinema and television industry in the state. The chief minister also said universities and other educational institutions should also come up in the area as it provides pollution-free environment for the learning. This is the second time in this month that the chief minister made an aerial survey to identify land for the mega projects. He along with officials and representatives of pharma companies had made an aerial survey of Muchurla area of Ranga Reddy district. They identified 11,000 acres to develop world-class Pharma City. Rao also announced that pharma companies are ready to invest Rs.30,000 crore to set up their units in the Pharma City.
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