3.5 lakh houses to be built for the poor this year
BANGALORE: Housing Minister Katta Subramanya Naidu on Saturday said the State Government would provide possession certificates and sale deeds within a month to 19,400 families living in various notified slums that have come up on government land in the State.
Mr. Naidu told presspersons here that the notification regarding distribution of possession certificates had been issued for the slums in Bangalore while such formalities with respect to slums in other parts of the State would be completed at the earliest.
The State had 2,704 slums in which 40.50 lakh people lived.
This included 570 slums from Bangalore alone accounting for about 15 lakh people, he said.
Various schemes were being implemented in 256 slums to make them free from huts through construction of townships.
Three lakh houses would be built in these slums in the next three years at a rate of one lakh houses a year to make them hut-free.
Under this hut-free housing scheme, a loan of Rs. 1 lakh at an interest rate of 3 per cent would be provided to beneficiaries through an arrangement with banks to build a house with an area of 300 square feet.
An additional loan of Rs. 1.5 lakh would be available if they want a bigger house, he said.
He said the Government had decided to build 3.5 lakh houses for poor families this year — 1.5 lakh houses under the Ashraya Housing Scheme, 50,000 under Vajpayee Housing Scheme and 1.5 lakh under slum clearance scheme.
In addition to this, about 2.5 lakh sites would be developed and given to poor people.
While Rs. 700 crore would be spent for housing scheme, Rs. 600 crore would be spent for providing sites, he said.
Giving the break-up of the housing schemes, he said the Government had decided to take up construction of one lakh houses under the Vajpayee Housing Scheme for the families whose monthly income is less than Rs. 7,300. Under this scheme, the State Government would provide monetary assistance of Rs. 50,000 besides arranging for a bank loan of another Rs. 50,000 while the beneficiaries had to contribute Rs. 30,000 to build a single-room house with an area of 300 square feet.