No match to Telangana’s housing scheme in entire India: KT Rama Rao – ET RealEstate

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HYDERABAD: Municipal administration minister KT Rama Rao said that no other state in the country has taken up the housing programme like Telangana has done.

“No other state since Independence has taken up such a massive slum-free initiative in Hyderabad. The government has taken up construction of one lakh 2BHK houses at a cost of Rs 9,714 crore,” said KTR after inaugurating 324 2BHK houses in Vanasthalipuram. He formally handed over the keys to the beneficiaries on Wednesday. The houses in Vanasthalipuram were built at Rs 28 crore.

“The state spent around Rs 9 lakh on each flat. The market value of each flat ranges from Rs 40 lakh to Rs 50 lakh,” KTR said.

Earlier, the minister was not part of an inauguration of a project built under Strategic Road Development Programme (SRDP) in Malkajgiri Parliament segment.

At Wednesday’s event, TRS corporators who lost against BJP candidates in GHMC poll shared the dais with KTR. BJP corporators, who won the poll, did not attend the programme.

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