Hyderabad: Fund shortage hits 2BHK project
5 years, 5 months ago

Hyderabad: Fund shortage hits 2BHK project

Deccan Chronicle  

Hyderabad: The 2BHK housing project in the city that is hit by a fund shortage received Rs 500 crore on Friday to clear pending bills. Sources said that in three years, state government released 50 per cent of the funds due to which the project has been extended already by 18 months. A senior GHMC official said that the unit cost of each dwelling unit over the years has gone beyond Rs 8 lakh against the actual price Rs 7.65 lakh fixed by state government. The official said though state government released Rs 750 crore since April, the corporation is still falling short of Rs 500 crore.

State Government Project Ghmc Rs 500 Crore  500  fund  state  bills  official  hyderabad  hits  shortage  corporation  2bhk  rs  housing  released  project  crore

History of this topic

Khurshid slams KCR for defaulting on 2BHK promise
1 year, 2 months ago

Khurshid slams KCR for defaulting on 2BHK promise

Deccan Chronicle  

Hyderabad: Senior Congress leaders Salman Khurshid and Mallu Ravi came down heavily against Chief Minister K. Chandrashekar Rao for failing to deliver on his promise to construct 2BHK houses for the poor in the last nine years. Addressing a press conference at Gandhi Bhavan here on Wednesday, Khurshid said that Rao had constructed a palatial the CM's official residence-cum-camp office …

Hyderabad 2BHK beneficiaries to be selected by draw
1 year, 4 months ago

Hyderabad 2BHK beneficiaries to be selected by draw

Deccan Chronicle  

Hyderabad: The long-awaited distribution of 2BHK houses for the poor within GHMC limits will start on September 2. Present at the meeting were GHMC commissioner Ronald Rose, Hyderabad district collector Anudeep Durishetty, Medchal-Malkajgiri collector Amoy Kumar, Rangareddy collector S. Harish, and senior officials from the housing department. The minister directed officials to make all necessary arrangements for the distribution of …

120 2BHK units inaugurated in Hyderabad
1 year, 7 months ago

120 2BHK units inaugurated in Hyderabad

Deccan Chronicle  

HYDERABAD: Ministers Talasani Srinivas Yadav and Mohd Mahmood Ali inaugurated 120 double-bedroom houses constructed at a cost of ₹10 crores at Muralidhar Bagh in Goshamahal constituency here on Friday. Mahmood Ali said that no government had given 2BHKs houses in the past, and Chandrashekar Rao was the only one doing so. Welfare schemes are being implemented in Telangana unlike anywhere …

Delay in 2BHK allocation hits GHMC
2 years, 10 months ago

Delay in 2BHK allocation hits GHMC

Deccan Chronicle  

Hyderabad: The delay in identifying beneficiaries for the flagship double bedroom housing the project here has been hurting the GHMC that has executed the project. Though the project was mostly completed a year ago, the nodal agencies including Hyderabad Metropolitan Water Supply and Sewerage Board and Electricity department delayed their works at the site. The contractors are moving heaven and …

KCR\'s pet 2BHK project comes to halt for non clearance of bills
3 years, 1 month ago

KCR\'s pet 2BHK project comes to halt for non clearance of bills

Deccan Chronicle  

HYDERABAD: The Telangana state government's flagship double bedroom housing project has come to a grinding halt. The contractors have issued an ultimatum that they would stop the project with immediate effect if the government failed to clear dues worth Rs 300 crore for the completed houses in the Greater Hyderabad Municipal Corporation limits. He said if the contractors made an …

Agencies executing 2BHK houses threaten to stall work across Hyderabad
4 years, 2 months ago

Agencies executing 2BHK houses threaten to stall work across Hyderabad

Deccan Chronicle  

Hyderabad: The Greater Hyderabad municipal corporation has been asking for Rs 490 crore immediately to continue the construction of 2BHK houses, apart from another Rs 1500 crore by first week of November to deliver the 85,000 2BHK houses prior to the election. With Rs 3,518.02 crore bills piled up, the corporation has set an immediate target to complete 23,076 2BHK …

GHMC report on 2BHK housing project ready
4 years, 11 months ago

GHMC report on 2BHK housing project ready

Deccan Chronicle  

Hyderabad: Following Chief Minister K. Chandrasekhar Rao’s instructions, the GHMC has prepared a report on the sanction of pending Rs 5,500 crore for the double bedroom housing project for urban poor in the city. The corporation says in the report that the government has to clear pending bills from July last year and they could deliver about 80 per cent …

Centre demands 2BHK beneficiary list
4 years, 11 months ago

Centre demands 2BHK beneficiary list

Deccan Chronicle  

Hyderabad: The Centre has made it clear to the state government that it would not release its quota of funds to construct double bedroom/ hall/kitchen houses in the state until the government of Telangana shortlist the list of beneficiaries. The delay in shortlisting the beneficiaries could affect the progress of about 70,000 2BHK houses in the Greater Hyderabad Municipal Corporation …

2BHK project to place Rs 2,500 crore load on GHMC
5 years, 7 months ago

2BHK project to place Rs 2,500 crore load on GHMC

Deccan Chronicle  

Hyderabad: Although the Greater Hyderabad Municipal Corporation is facing a severe fund crunch with respect to its ongoing infrastructure projects, including the Strategic Road Development Plan, the state government has asked the civic body to bear an additional cost of Rs 2,500 crore. The corporation was already relying on municipal bonds to complete the construction of the ongoing skyways and …

Hyderabad: Fund crunch; 2-bedroom house project hits a wall
5 years, 7 months ago

Hyderabad: Fund crunch; 2-bedroom house project hits a wall

Deccan Chronicle  

Hyderabad: The Telangana state government has spent about Rs 5,500 crore towards its flagship 2BHK project, most of the money coming from the Housing and Urban Development Corporation Limited. The government has now run out of funds and has bills worth Rs 350 crore to be paid towards the construction of 2 lakh BHK houses. Although the government had earmarked …

Hyderabad: 2-year wait for 2BHK houses
5 years, 10 months ago

Hyderabad: 2-year wait for 2BHK houses

Deccan Chronicle  

Hyderabad: The delay in the Telangana state government’s flagship double bedroom housing project for the poor in the city has been irking the beneficiaries. They vacated their slums about two years ago with the assurance from the GHMC officials that the houses would be constructed, completed and handed over in six months. Sharing his experience, T. Anjanna of Kattlemandi slum …

Discover Related