Here is some good news for the residents of twin cities. Hyderbad will have a new look Hussainsagar.The State Government has decided to invest up to Rs 316 crore on its development. Japanese International Cooperation Agency has come forward to fund the lake project.Municipal Administration Minister K Ranga Rao stated this in a written reply to a question tabled by Devineni Umamaheswara Rao and N Amaranatha Reddy during Question Hour in the Assembly on Monday.