The municipal administration and urban development (MA&UD) department of state government has given a GO (MS No. 51) declaring Srinagar Colony main road a commercial road, ‘Category B’. The road is 1.42 km long and extends from from Satya Sai Nigamagamam to Punjagutta.
The declaration gives property owners an opportunity to make use of the existing buildings for commercial purpose. The Greater Hyderabad Municipal Corporation (GHMC) is going permit to build shopping complexes, service establishments, function halls, hospitals, petroleum filling stations, retail shopping activities and hotels.