The State government, in its Cabinet meeting held here on Friday, has decided to construct 2 lakh houses under NTR Housing scheme this financial year and provide the same to the socio-economically weaker sections on subsidy.
The meeting chaired by Chief Minister N. Chandrababu Naidu discussed various issues, including housing, rise in prices of essential commodities, drought, and irrigation projects and etc.
Disclosing the details after the Cabinet meeting here on Friday, Information and Public Relations Minister Palle Raghunatha Reddy said that the government has decided to construct 1.5 lakh houses under the scheme and another 50,000 houses would be built where ever land is already available.
Each house with a living space of 270 sq.ft would cost Rs. 2.75 lakh of which Rs.1.75 lakh would be subsidised for SCs and STs and for the rest amount the beneficiaries can take bank loans. The subsidy for the BCs, minorities and other beneficiaries would be Rs. 1.25 lakh, he said.
Rajiv Swagruha
Under the Rajiv Swagruha scheme, the government had sanctioned 2,809 houses of which only 882 houses have been completed so far.
The government has decided to complete the project under the Swiss challenge or open tender process, he said.
Taking a note that many houses constructed under urban housing programme were in dilapidated condition, the Cabinet approved sanctions up to Rs.10,000 per house for carrying out the repairs.
