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.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement