KCR Noble Scheme Leading to Bad After EffectsWith Hyderabad Metro Rail Project getting Safety Clearances, Prime Minister Narendra Modi will be inaugurating the First Phase on 28th of this month. However, Telangana government is yet to confirm the fares for the Metro Rail Travel.

According to the Business Model, L&T, the concessionaire will have to recover the cost involved in the project – 50% through the fares and another 50% through the Metro Malls and other real estate activity in the lands allocated to it.

But then, both the parties are not being able to come to a conclusion over the fares. KCR Government wants it to be nominal to please the people while L&T wants the fares to be realistic. With the inauguration less than one week to go, it has to be seen what the government decides!