Telangana government sanctions Rs 600 crore for 2BHK units in urban areas – ET RealEstate

HYDERABAD: In a crucial move ahead of GHMC elections, the state government on Thursday gave administrative sanction for Rs 600 crore for the double bedroom housing scheme in urban areas. The latest allocation made by the government includes the Greater Hyderabad area also.

This move assumes significance as the ruling TRS has been receiving flak from Congress and BJP for failing to deliver the promise of 2BHK houses in the city. Sources said the allocation could not have come at a better time as the ruling party prepares for the GHMC elections, which are likely to be held in mid January.

In the state budget for 2020-21, the government had allotted Rs 3,750 crore for the housing scheme and released Rs 150 crore so far. The fresh budget release order (BRO) of Rs 600 crore takes the total release of funds to Rs 750 crore.

The directives issued by the housing department had also mentioned that Telangana State Housing Corporation Limited had requested the state government to release a BRO of Rs 2,850 crore.

The BJP has been charging the state government with not sending the list of beneficiaries to the Centre to release its share, while the TRS government alleges that the central government has not released any funds to the state.

Recently, minister Talasani Srinivas Yadav and CLP leader Bhatti Vikramarka were involved in a verbal duel on the number of houses constructed in the city.

Later, Vikramarka was taken around some of the houses for the poor by the minister.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *