Andhra Pradesh Made Budgetary Allocation Of Rs 3,860 Cr For Housing

4,153 houses have been sanctioned and 3,304 new pensions disbursed in the district. The beneficiaries must contribute Rs 25,000 to avail of the government subsidy of Rs 2.50 lakh and bank loan of Rs 75,000 and build a house with Rs 3.50 lakh.

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Andhra Pradesh Made Budgetary Allocation Of Rs 3,860 Cr For Housing

Andhra Pradesh State government made a budgetary allocation of Rs 3,860 crore for the housing sector to enable construction of houses for the homeless poor, Deputy Chief Minister said on Saturday.

Also Read: 7 Lakh Units To Be Built In Next 15 Months : Andhra Pradesh Minister

Speaking as chief guest after distribution of sanction letters to the beneficiaries under the Pradhan Mantri Awas Yojana and ‘Housing for All’, and disbursal of new pensions here, he asserted that 12 lakh houses were being built in the State.

In all, 4,153 houses have been sanctioned and 3,304 new pensions disbursed in the district. The beneficiaries must contribute Rs 25,000 to avail of the government subsidy of Rs 2.50 lakh and bank loan of Rs 75,000 and build a house with Rs 3.50 lakh, he said.

Also Read: Andhra Pradesh Launched Ambitious Plan For 5 Lakh Houses By 2019

Under NTR Bharosa, Rs 6,000 crore was being disbursed among 46 lakh beneficiaries in the State. Aadarana scheme would be launched soon, he added. Information Minister, who is district in charge Minister, said 1.64 lakh houses were being built under various schemes in the district. Houses were sanctioned to 4,153 beneficiaries who owned house sites. Multi-storeyed apartments would be built to benefit 25,000 families, he said. An additional sum of Rs 25,000 each was sanctioned to 39,450 pending houses sanctioned by the previous government.

Also Read: Amaravati Andhra Pradesh Middle Class Housing Scheme

He said a committee was constituted to formulate an action plan and build houses for journalists by sanctioning funds to the Information and Public Relations Department, and a decision would be taken shortly. Nearly 18,000 accreditations were sanctioned in the State earlier and guidelines would be framed for the journalists’ housing programme before the conclusion of the budget session of the Assembly.

Source Link- http://www.thehindu.com/.

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