Construction of Indiramma Housing towers to begin in August last week
The Telangana government plans to begin construction on the first phase of Indiramma Housing towers in Hyderabad by late August. The project aims to provide 7,680 flats, with the government offering subsidies to beneficiaries who contribute to the remaining costs.
Why it matters
This initiative addresses urban housing shortages and provides insight into state-led welfare and infrastructure development projects.
Construction of Indiramma Housing towers, under first phase, in Hyderabad (CURE) limits, would begin in August last week. The tender process has begun and arrangements were made to commence the construction after the completion of the process, said Housing and Revenue Minister Ponguleti Srinivasa Reddy while speaking to media personnel on Friday.
The scheme for Hyderabad was launched on July 20, when it was announced that 7,680 houses (flats) would be constructed in 16 Assembly constituencies. The built up area of each flat is 528 sft. While the government provides subsidy of ₹5 lakh, beneficiaries have to pay ₹6 lakh in four instalments.
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