Hyderabad: The historic Mahboob Chowk Market in the old city is officially being demolished, with plans to finish building a new market there in the next two years. State Minister K.T. Rama Rao had ordered that when the new structure’s foundation stone was set at Mahboob Chowk, construction work should start right away. The beginning of construction, however, was delayed because of modifications to the market’s design and steps to handle a larger number of people.According to representatives of the Greater Hyderabad Municipal Corporation (GHMC), the demolition process would be finished this week, followed by the clearance of debris and the start of construction work the following week. There are currently 198 stores in the Mahboob Chowk Market, where traders have been operating. With the traders, discussions regarding the building of a new structure have been ongoing for a while.According to sources, some businessmen were considering asking the Telangana High Court for a stay order to prevent the GHMC’s demolition plans. Municipal officials started the demolition process on Monday after learning of this information and gave most of the vendors two days to close their stores.At Khazana-e-Aamira, Khilwat, temporary arrangements have been established to give traders from Mahboob Chowk a place to continue their operations. The lack of basic amenities, such as an adequate water supply, has angered the vendors, who feel frustrated by these arrangements. Water supply must be guaranteed in this temporary locatioIn addition to providing space for enterprises near the Clock Tower, preparations have been taken to accommodate existing traders in the new Mahboob Chowk Market building, which is anticipated to cost Rs 25 crore. After the new market is built, this programme intends to improve the aesthetics of the surrounding neighbourhood. People from nearby towns have come to the Old City in response to news of the historic Mahboob Chowk Market’s impending demolition in order to take photos and videos with their mobile devices of this market. Since they have been doing business here for decades and it holds many sentimental memories, traders acknowledged a strong bond with this market.