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

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement