The Government has decided to name the Annapurna Studios Road as 'Akkineni Nageswara Rao Marg' to mark the respect on the legendary hero.Labour minister Danam Nagender has asked the Greater Hyderabad Municipal Corporation standing committee to name the Annapurna Studio road after Akkineni Nageswara Rao and also install the statue of ANR at Film Nagar. The minister laid the foundation stone for the development of this road from Banjara Hills, Road No.2 to Jubilee Hills, Road No.5 via Annapurna Studios. The estimated cost of this road around Rs.7.20 crores.