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Telangana government to link PMAY-U; 2BHK scheme

The Telangana government has decided to dovetail the Pradhan Mantri Awas Yojana-Urban (PMAY-U) under the 2BHK scheme with the two-bedroom scheme of the state government.

Out of the unit cost of Rs 5.30 lakh, an amount of Rs 1.50 lakh will be sourced from funds to be received from the government of India under PMAY-U and the balance amount of Rs 3.80 lakh from the state government budget.

“The government is looking at synergy in the housing scheme,” officials said. The budget outcome for the housing department for 2019-20 introduced in the assembly on Monday said the government was targeting to complete 1,54,308 houses with a budget provision of Rs 108.18 crore.

In the current financial year, it has been decided to complete 20,213 houses, including those sanctioned earlier under the two-bedroom housing programme in rural areas, at a budget provision of Rs 100 crore. The state will raise loans from Hudco and other financial institutions to meet the expenditure.

AIMIM legislator Syed Ahmed Pasha said that though one lakh houses were earmarked under the double-bedroom scheme in GHMC area, only 128 houses had been completed.

He urged the government to see that GHMC area gets the required number of units. TRS member Balka Suman said that CM K Chandrasekhar Rao is looking at a permanent solution to those who lack houses.

Info-et realty

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