Hyderabad, Aug 29 (IANS): Promising to turn Hyderabad into the most happening city in the country, Telangana Chief Minister K. Chandrasekhar Rao Friday announced that 1,000 km long world-class roads will be laid in the city at a cost of Rs.10,000 crore.

Announcing series of measures to develop the city and ease congestion, he said an east-west road corridor with four lanes would be developed between Vanasthalipuram and Ramachandrapuram. "Similarly a corridor will be developed between north and south," he said.

KCR, as the chief minister is popularly known, was speaking at the inauguration of Hyderabad property show organized by Confederation of Real Estate Developers' Association of India (CREDAI) here.

He announced restoration of rain water drains by removing the encroachments to permanently solve the problem of flooding of roads and residential colonies during rainy season.

He said four lakh LED lights would replace the existing street lights in the city.

The chief minister said another outer ring road would be developed with satellite townships and specialized clusters like pharma city, sports city, health city and cinema city.

KCR, who visited Singapore and Malaysia last week, said global consultants would be hired to prepare a new master plan for Hyderabad keeping in view its requirements especially with the development of Information Technology Investment Region (ITIR).

The chief minister vowed to make Hyderabad the best place for the industry with single window clearance system, which he said would be zero-graft and the best in the world.

Stating that Hyderabad has many advantages, KCR said he had no doubt that it would soon grow faster than any other city in the country.

The chief minister also promised to bring a single window system to give all clearances for real estate projects. "We will introduce a bill in the next session of the assembly," he added.