Housing scheme may get 300,000 million in Telangana budget
Real Estate

Housing scheme may get 300,000 million in Telangana budget

Besides regular funding for several signature programmes, the BRS administration will primarily concentrate on securing funding for a 2BHK housing programme with a 0.3 million grant for each low-income family with land ownership.

Following recent budget discussions, sources claim that the government is considering spending $300 million on this project.

2.7 million low-income households in the state do not possess a home, according to the Samagra Kutumba Survey. And this time, 3.7 million would have been involved.

4.5 million of the 9.1 million households in the survey—which was carried out in the early stages of the state's formation—live in homes with only one bedroom. Three lakh households reside in slums and government land parcels, and another 2.4 million households rent their homes.

The state government wants to make this one of the primary campaign issues during the assembly elections this time, according to sources, so there has been a lot of thinking.

The BRS leaders will also discuss how funds allocated by previous administrations for the construction of low-income housing have fared.

According to sources, the date on which applications for the $0.3 million grant will be accepted will be disclosed during the budget address. The number of homes that will be distributed among each assembly segment is not yet known.

The BJP has been criticising the BRS administration of failing to forward the double bedroom plan despite the Center's willingness to provide funding. BJP officials cited examples of how BJP-run states like Uttar Pradesh used financing from the federal government to build double-bedroom homes for the underprivileged.

Besides regular funding for several signature programmes, the BRS administration will primarily concentrate on securing funding for a 2BHK housing programme with a 0.3 million grant for each low-income family with land ownership. Following recent budget discussions, sources claim that the government is considering spending $300 million on this project. 2.7 million low-income households in the state do not possess a home, according to the Samagra Kutumba Survey. And this time, 3.7 million would have been involved. 4.5 million of the 9.1 million households in the survey—which was carried out in the early stages of the state's formation—live in homes with only one bedroom. Three lakh households reside in slums and government land parcels, and another 2.4 million households rent their homes. The state government wants to make this one of the primary campaign issues during the assembly elections this time, according to sources, so there has been a lot of thinking. The BRS leaders will also discuss how funds allocated by previous administrations for the construction of low-income housing have fared. According to sources, the date on which applications for the $0.3 million grant will be accepted will be disclosed during the budget address. The number of homes that will be distributed among each assembly segment is not yet known. The BJP has been criticising the BRS administration of failing to forward the double bedroom plan despite the Center's willingness to provide funding. BJP officials cited examples of how BJP-run states like Uttar Pradesh used financing from the federal government to build double-bedroom homes for the underprivileged.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement