State Govt to Distribute 1.14 Lakh Homes

28 Jan 2025 CW Team

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.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..