State Govt to Distribute 1.14 Lakh Homes
Real Estate

State Govt to Distribute 1.14 Lakh Homes

In a significant move to provide homes for the underprivileged, the Andhra Pradesh state government will officially hand over keys to 1.14 lakh beneficiaries under the housing scheme on February 1. Chief Minister N Chandrababu Naidu will participate in a mass house-warming ceremony at Thetali village in Tanuku constituency, marking the launch of this major initiative.

Ministers, legislators, and ruling party leaders across the state have been urged to kick-start similar programs in their respective constituencies after the CM's official launch. The housing project, which includes the completion of 1.14 lakh houses over the last six months, was carried out despite severe financial constraints left by the previous YSRCP government.

Housing Minister Kolusu Parthasaradhi highlighted that the CM had directed district collectors and legislators to begin identifying land for house-sites to be granted to the poor. Under the new plan, 3 cents of land will be allotted in rural areas and 2 cents in urban areas. A state-level high-level committee, led by the revenue minister, will oversee this process, with district-level committees headed by district collectors.

The government is also addressing the financial mismanagement of the previous regime, which allegedly diverted significant funds meant for the housing scheme, leaving beneficiaries stranded. The current administration has already allocated funds to clear outstanding dues. Furthermore, Chief Minister Naidu is committed to clearing the bills for houses completed between 2014 and 2019, a period during which the previous government failed to make necessary payments.

In a major relief, the Centre has extended the deadline for completing PMAY 1.0 until December 2025, following a request from the Chief Minister. The government is working diligently to complete an additional 700,000 homes by December, which will generate around 7 million working days under NREGS and contribute significant wages. Additionally, the material component of the housing scheme is expected to bring in GST revenue, further benefiting the state's economy.

In a significant move to provide homes for the underprivileged, the Andhra Pradesh state government will officially hand over keys to 1.14 lakh beneficiaries under the housing scheme on February 1. Chief Minister N Chandrababu Naidu will participate in a mass house-warming ceremony at Thetali village in Tanuku constituency, marking the launch of this major initiative. Ministers, legislators, and ruling party leaders across the state have been urged to kick-start similar programs in their respective constituencies after the CM's official launch. The housing project, which includes the completion of 1.14 lakh houses over the last six months, was carried out despite severe financial constraints left by the previous YSRCP government. Housing Minister Kolusu Parthasaradhi highlighted that the CM had directed district collectors and legislators to begin identifying land for house-sites to be granted to the poor. Under the new plan, 3 cents of land will be allotted in rural areas and 2 cents in urban areas. A state-level high-level committee, led by the revenue minister, will oversee this process, with district-level committees headed by district collectors. The government is also addressing the financial mismanagement of the previous regime, which allegedly diverted significant funds meant for the housing scheme, leaving beneficiaries stranded. The current administration has already allocated funds to clear outstanding dues. Furthermore, Chief Minister Naidu is committed to clearing the bills for houses completed between 2014 and 2019, a period during which the previous government failed to make necessary payments. In a major relief, the Centre has extended the deadline for completing PMAY 1.0 until December 2025, following a request from the Chief Minister. The government is working diligently to complete an additional 700,000 homes by December, which will generate around 7 million working days under NREGS and contribute significant wages. Additionally, the material component of the housing scheme is expected to bring in GST revenue, further benefiting the state's economy.

Next Story
Infrastructure Urban

CRCL, IIT Delhi Sign MoU to Boost Science and Ease of Business

The Central Revenues Control Laboratory (CRCL), Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Indian Institute of Technology (IIT) Delhi signed a Memorandum of Understanding (MoU) toward trade facilitation and improving the ease of doing business. This MoU collaboration aims to foster R&D, innovation, and scientific excellence at CRCL, bolstering trade facilitation and regulatory efficiency.The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi, and Shri V. Suresh, Director, CRCL, in presence of Shri Surjit Bhujabal, Speci..

Next Story
Infrastructure Urban

CAQM Sub-Committee Activates 27-Point Plan to Improve NCR Air Quality

The daily average AQI of Delhi has been hovering marginally above 200 threshold with forecast of slight improvement since last two days. Today, Delhi’s daily average Air Quality Index (AQI) clocked 213 (‘Poor’ category), as per the daily AQI Bulletin provided by the Central Pollution Control Board (CPCB), owing to variable winds. In wake of the average/ overall air quality of Delhi recording ‘Poor’ air quality category ranging between 201-300, the CAQM Sub-Committee on GRAP met today to take stock of the current air quality scenario of Delhi-NCR. While comprehensively reviewing the a..

Next Story
Infrastructure Urban

DoT Launches Financial Fraud Risk Indicator to Boost Cybersecurity

In a major step towards combating cyber fraud and financial crime, the Department of Telecommunications (DoT) has announced sharing of “Financial Fraud Risk Indicator (FRI)” with stakeholders- an output from a multi- dimensional analytical tool developed as part of the Digital Intelligence Platform (DIP) to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobile numbers flagged with this tool when digital payment is proposed to be made to such numbers.What is the “Financial ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?