AP plans Rs.50,000 cr affordable housing projects

    affordable housing projects
    Promising to provide housing for all, the state Rural Housing Minister has promised to build 19 lakh dwellings across AP in the next one year, at an investment of Rs.50,000 crore.He said that construction of six lakh houses has already been completed as against the target of building just four lakh houses and works on the remaining have been put on fast track. An outlay of Rs.19,000 crore has been made for construction of houses in rural areas. Similarly, the government will shell out about Rs.31,000 crore for urban housing across the state. He exuded confidence that the remaining seven lakh houses would be built in the rural areas ahead of the stipulated schedule. He directed officials of the housing department to clear hurdles for construction of houses in all the constituencies and put the works on fast track. The government is granting about Rs.1.5 lakh subsidy to the beneficiaries of the housing scheme while it would be Rs.2.5 lakh for the beneficiaries constructing houses on their own sites.
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