Mon Dec 01 12:30:52 UTC 2025: Here’s a summary of the text and a rewritten news article based on it:

Summary:

Telangana Chief Minister A. Revanth Reddy met with HUDCO Chairman Sanjay Kulshrestha to request lower interest rates on loans for several major development projects in the state, including Bharat Future City, Hyderabad Metro Rail expansion, the Regional Ring Road, Radial Roads, greenfield highways, and a bullet train service. He also addressed the issue of loan restructuring. The HUDCO Chairman responded positively and assured funding for housing projects. The CM invited the chairman to the Telangana Rising Global Summit.

News Article:

Telangana Seeks Lower Interest Rates from HUDCO for Ambitious Development Plans

HYDERABAD, December 1, 2025 – Telangana Chief Minister A. Revanth Reddy today urged the Housing and Urban Development Corporation (HUDCO) to offer reduced interest rates on loans to support the state’s ambitious development agenda.

During a meeting with HUDCO Chairman Sanjay Kulshrestha in Hyderabad, Chief Minister Reddy outlined plans for several key projects, including the new Bharat Future City, expansion of the Hyderabad Metro Rail, the Regional Ring Road, Radial Roads, greenfield roads connecting Telangana to major cities like Chennai and a bullet train service.

“These projects are vital for the future growth of Telangana,” said Chief Minister Reddy, emphasizing the need for favorable financing terms. He also addressed the necessity for loan restructuring to ease the financial burden on the state.

Chairman Kulshrestha reportedly responded positively to the Chief Minister’s requests and assured continued support for housing initiatives. He confirmed that loans have already been sanctioned for the Indiramma housing project and pledged to fund an additional 1 million homes in the near future.

Chief Minister Reddy extended an invitation to Chairman Kulshrestha to attend the Telangana Rising Global Summit, scheduled to be held at Bharat Future City on December 8th and 9th.

The meeting was attended by key state officials, including Revenue Minister Ponguleti Srinivas Reddy, Chief Secretary K. Ramakrishna Rao, and several Principal Secretaries.

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