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HomeNewsReal EstateTidco housing project at Satyanarayanapuram is nearing completion

Tidco housing project at Satyanarayanapuram is nearing completion

Other than roads, infrastructural works like drains, water supply, and electricity have been completed. According to GVMC officials, bank loans have to be arranged for 116 beneficiaries.

Greater Visakhapatnam Municipal Corporation commissioner CM Saikanth Varma visited the TIDCO housing colony at Satyanarayanapuram near Anakapalli on Saturday and reviewed the progress of works. About 2,750 housing units have been constructed in the area which are nearing completion.

Other than roads, infrastructural works like drains, water supply, and electricity have been completed. According to GVMC officials, bank loans have to be arranged for 116 beneficiaries.

Registrations are yet to be done in the name of 123 beneficiaries. Varma asked officials to complete all these works at the earliest. GVMC urban community development project director Papu Naidu and other officials accompanied the commissioner during the visit.

Nearly 24,000 TIDCO housing units, measuring 300 square feet, 365 square feet and 430 square feet are currently under construction in various parts of Visakhapatnam district. The 300 square feet housing units will be given to the beneficiaries for just one rupee.

While 22,936 houses are being constructed in the suburbs, 1,256 houses are coming up in various slums in the city. These include 5,776 units measuring 300 square feet each, 5,200 units spread in 365 square feet each, and 13,216 units that are built on 430 square feet space each.

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