2 weeks ago
CM Revanth Reddy lays foundation stone for Indiramma Housing towers
The Chief Minister of Telangana, Mr. Revanth Reddy, is going to start a big building project in Hyderabad.
He will lay the first stone for new apartment towers in a place called KPHB Colony.
These apartments are called Indiramma Housing flats.
They are meant to give poor and middle-class families affordable homes.
The government plans to build one lakh - that is 100,000 - such homes across the Hyderabad region.
In the first phase, 7,340 flats will be built at 18 locations.
The government has set aside about Rs 807 crore for this first phase.
Each home will have a carpet area of 400 square feet.
The government will pay Rs 5 lakh toward each home, and the family buying it will pay Rs 6 lakh.
The project will help many families get a home of their own.
Chief Minister A Revanth Reddy will lay the foundation stone for Indiramma Housing towers at KPHB Colony in Hyderabad on Thursday.
The Telangana government aims to build one lakh Indiramma housing flats across the Hyderabad region.
A pilot project under the CURE initiative proposes 12,000 flats, with the first phase covering 7,340 flats at 18 locations across 16 Assembly constituencies.
The government has granted administrative sanction of Rs 807.40 crore for the first phase.
Each flat will have a 400 square feet carpet area and 528 square feet built-up area, with a Rs 5 lakh government subsidy and a Rs 6 lakh beneficiary contribution per flat.
- Who
- Telangana Chief Minister A Revanth Reddy and the Telangana government
- What
- Laying of the foundation stone for Indiramma Housing towers at KPHB Colony, launching an affordable housing initiative
- Where
- KPHB Colony in Hyderabad, Telangana
- When
- Thursday, as announced by the government
- Why
- To provide affordable homes to poor and middle-class families in the Hyderabad region
Key facts
- Chief Minister
- A Revanth Reddy
- Event
- Foundation stone (Bhoomi Puja) for Indiramma Housing towers at KPHB Colony
- Overall target
- One lakh (100,000) Indiramma flats across the Hyderabad region
- Pilot project
- 12,000 flats proposed under the CURE initiative
- First phase
- 7,340 flats at 18 locations across 16 Assembly constituencies
- Administrative sanction
- Rs 807.40 crore
- Flat size
- 400 sq ft carpet area; 528 sq ft built-up area
- Cost sharing
- Rs 5 lakh subsidy per flat; Rs 6 lakh beneficiary contribution
Sources
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