The architecture of buildings in the city of a country reflects the state of development within it. Thus, many concur with the idea of allocating the complete budget for building new constructions and roadways, while a few others believe that it can be spent on renovating the old constructions. I partially agree that some amount of the budget should be allocated for the renovations of old monuments, and some for the new buildings.
On the one hand, investing money in constructing new roads and flyovers is a dire necessity as there is an enormous increase in traffic congestion in many large cities of the world. The expanded roads can help commuters take their journey comfortably and reach their destinations on time. For instance, many people working in Information Technology companies in the area of the Hitech City of Bengaluru benefit by using the new flyovers built from various places connecting to the hub.
On the other hand, the long-dated monuments of a city are very important to be preserved as they reflect the true heritage and culture of the city. For instance, the Bangalore Palace is a popular attraction that needs to be maintained and preserved by renovating as needed. While the argument applies to the historical monuments, the same fails when the building does not have cultural significance, it has poor quality in the design, or it has become structurally weak over a period.
In conclusion, I agree that a major portion of the budget should be spent on improving modernization and transportation. I would also argue for the allocation of money for the renovation of some old monuments and buildings that carry cultural importance. I recommend that the government of cities across the world should put an effort to retain old buildings that reflect the local heritage of their cities.