Housing for All: Guntur MC to Build 11,800 Houses

February 5, 2016 | Last Modified: February 5, 2016 at 3:02 pm

Housing for all Scheme: The Municipal Corporation of Guntur is planning to build big housing scheme under Housing for All (Urban). Ministry of Housing and Urban Poverty Alleviation has launched this flagship housing program to provide affordable housing for all by 2022.

Four component are comprised in Housing for All Scheme- slum rehabilitation of slum-dwellers with PPP (Public Private Partnership), credit-linked subsidy scheme, affordable housing in partnership and subsidy for beneficiary led individual led house construction and enhancement.

Earlier, the civic official have begun the preparation to include 11,808 beneficiaries under the selected components of the scheme. The beneficiaries under the scheme are from the selected cities under the component of subsidy for beneficiary-led individual house construction and enhancement.

According to the statement of Municipal Commissioner S. Nagalakshmi, a survey was being undertaken to verify the list of beneficiaries and personnel from various wings have been deputed to do the survey.

According to the civic officials, the real beneficiaries were identified and the each beneficiary slated to get a one-time financial assistance of Rs.1.5 lakh per house.

The Commissioner convened a meeting with revenue officials and sought details about availability of government land at Swarnabharathi Nagar, Adavitakkellapadu and Pottur villages. Meanwhile, the State government has urged the Centre to raise the cap of housing units to 10 lakh from the existing limit of 1.92 lakh houses.

With Guntur city located near to the upcoming Capital region, the civic officials were hoping that the Centre would concede the demand for raising the cap on the number of units. The civic officials have also representations to the State government to consider under Promotion of Affordable Housing for Weaker Sections through Credit Linked Subsidy Scheme (CLSS) under which even beneficiaries Above Poverty Line (APL) would be eligible to receive a subsidy of 6.5 per cent on interest up to Rs.6 lakh loan from any national bank. Loans taken beyond Rs. 6 lakh would be charged the prevailing market interest rate.

Source: ww.thehindu.com