2BHK project to place Rs 2,500 crore load on GHMC
5 years, 6 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 underpasses, and the government has now asked the civic body to bear the additional costs towards constructing all dwelling units in the G+9 pattern and other civic amenities. Wile the annual revenue of the corporation stands at around Rs 3,500 crore, this project alone will now take up a lion’s share at the estimated expenditure of Rs 2,500 crore. The sources claimed that the government, during a recent review meeting, asked the civic body to bear the infrastructure cost for all dwelling units to be constructed in the G+9 pattern.

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History of this topic

GHMC proposes Rs 8,340cr Budget for 2025–26
1 month, 1 week ago

GHMC proposes Rs 8,340cr Budget for 2025–26

New Indian Express  

HYDERABAD: The Greater Hyderabad Municipal Corporation has drafted an annual Budget estimate of Rs 8,340 crore for the financial year 2025–26, reflecting a rise of nearly Rs 400 crore compared to the 2024-25 Budget of Rs 7,937 crore. Additionally, a separate Rs 300 crore Budget has been allocated for projects of other corporations managed by GHMC, including the Telangana Housing …

Khurshid slams KCR for defaulting on 2BHK promise
1 year, 1 month 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 …

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report
1 year, 3 months ago

As many as 412 infra projects show cost overruns of ₹4.77 lakh crore in August: Report

The Hindu  

As many as 412 infrastructure projects, each entailing an investment of ₹150 crore or more, have been hit by cost overruns of more than ₹4.77 lakh crore in August this year, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth ₹150 crore and above, out of 1,762 projects, 412 reported cost …

13,300 Families Get 2BHK Houses
1 year, 3 months ago

13,300 Families Get 2BHK Houses

Deccan Chronicle  

HYDERABAD: The second phase of distribution of 2BHK houses within GHMC limits saw 13,300 families being handed over units in eight different places in the presence of minister K.T. Rama Rao launched the programme from Quthbullapur, while finance minister T. Harish Rao distributed 4,800 houses to the beneficiaries at Kollur-II. Addressing the gathering, Rama Rao said, “The 2BHK dignity housing …

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 …

70K 2BHKs set for distribution: KTR
1 year, 4 months ago

70K 2BHKs set for distribution: KTR

Deccan Chronicle  

Hyderabad: The BRS government on Wednesday announced that the distribution of 2BHK houses to eligible beneficiaries in GHMC limits would start within a week, with 70,000 houses to be distributed in GHMC limits in six phases. The officials said that the process of handing over houses to eligible beneficiaries is progressing at a brisk pace and the verification process of …

Housing for all: The Hindu Editorial on scheme to help the urban poor build houses in cities
1 year, 4 months ago

Housing for all: The Hindu Editorial on scheme to help the urban poor build houses in cities

The Hindu  

The announcement by Prime Minister Narendra Modi of a scheme to help the urban poor build houses in cities is a signal that the government is to undertake one more plan to address the problem of a shortage in urban housing. Even five months ago, its stand was that no new housing scheme had been envisaged following the extension of …

2BHK house distribution from August: KTR
1 year, 5 months ago

2BHK house distribution from August: KTR

Deccan Chronicle  

Hyderabad: Minister for municipal administration and urban development K.T. Rama Rao, announced on Wednesday that the distribution of 2BHK houses for the underprivileged, within GHMC limits, will start in the first week of August. Rama Rao mentioned that the state government has set a target of constructing 1 lakh houses under GHMC limits, with a majority of them already completed. …

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 …

People await Rs 3 lakh aid to build their own houses
2 years, 1 month ago

People await Rs 3 lakh aid to build their own houses

Deccan Chronicle  

HYDERABAD: After nearly eight years, people from poor and lower middle classes who own land could get financial support from the government to construct their own houses. Alongside the 2BHK house scheme, Chief Minister K. Chandrasekhar Rao had assured that the government would provide Rs 3 lakh to build their houses if the beneficiaries possessed land. Up to 10,000 people …

GHMC approves Rs 6,150 crore budget
2 years, 9 months ago

GHMC approves Rs 6,150 crore budget

Deccan Chronicle  

Hyderabad: The Greater Hyderabad Municipal Corporation has approved the Rs 6,150 crore budget for the financial year 2022-23. As per the budget, capital expenditure covering road infrastructure, sanitation, illumination, greenery, drains, construction of pavements and other developmental works is Rs 3,350 core while revenue is put at Rs 3,434 crore. Apart from the Rs 6,150 crore budget there is a …

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 …

Project proposals for over 60,000 houses approved under PMAY(U): Govt
2 years, 10 months ago

Project proposals for over 60,000 houses approved under PMAY(U): Govt

Live Mint  

Project proposals for over 60,000 houses were approved for construction under the Pradhan Mantri Awas Yojana in Andhra Pradesh, Chhattisgarh, Himachal Pradesh, Karnataka and Rajasthan, the Ministry of Housing and Urban Affairs said on Tuesday. Earlier this month, Finance Minister Nirmala Sitharaman during the Budget presentation announced an allocation of ₹48,000 crore to build eight million houses. “The total number …

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 …

Construction of 3.61 lakh houses approved under PMAY (U)
3 years, 1 month ago

Construction of 3.61 lakh houses approved under PMAY (U)

India TV News  

Highlights Total investment under PMAY is Rs 7.52 lakh cr, with a central assistance of Rs 1.85 lakh cr Rs 1.13 lakh crore has already been released so far, the ministry said At 56th CSMC meeting, an e-Finance module was also launched by HUA secretary The Centre has approved the construction of 3.61 lakh houses in 17 states and union …

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 …

At least 401 infrastructure projects show cost overruns of ₹4.02 lakh crore
4 years, 5 months ago

At least 401 infrastructure projects show cost overruns of ₹4.02 lakh crore

The Hindu  

As many as 401 infrastructure projects, each worth ₹150 crore or more, have been hit by cost overruns of over ₹4.02 lakh crore owing to delays and other reasons, according to a report. Of the 1,692 such projects, 401 projects reported cost overruns and 552 projects time escalation. “Total original cost of implementation of the 1,692 projects was ₹20,75,212.70 crore …

State’s ambitious housing project all set for launch next month
4 years, 6 months ago

State’s ambitious housing project all set for launch next month

The Hindu  

The YSRCP government’s prestigious ‘Navaratnalu - Pedalandariki Illu’ programme is all set for launch next month with an objective to provide around 30 lakh houses in two phases and an equal number of house-site pattas to the poor with an estimated expenditure of ₹87,900 crore. During a webinar conducted by Secretary for Union Ministry of Housing and Urban Affairs Durgesh …

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 …

Nirmala Sitharaman announces Rs 105 lakh cr infrastructure projects; to reach $5 tn target in next 5 years
5 years ago

Nirmala Sitharaman announces Rs 105 lakh cr infrastructure projects; to reach $5 tn target in next 5 years

Firstpost  

Infrastructure has been a focus in the last six years; total of Rs. 51 lakh crore has been spent on infra in the last six years, we are now committing 100 lakh crore rupees for the next five years At her second press conference held in less than a week, Finance Minister Nirmala Sitharaman on Tuesday announced infrastructure projects worth …

Sitharaman unveils Rs 102 lakh crore infrastructure plan to achieve $5 trillion target by 2025
5 years ago

Sitharaman unveils Rs 102 lakh crore infrastructure plan to achieve $5 trillion target by 2025

India TV News  

Finance Minister Nirmala Sitharaman on Tuesday unveiled Rs 102 lakh crore of infrastructure projects that will be implemented in the next five years as part of the government's spending push in the infrastructure sector. Subsequently, a task force identified Rs 102 lakh crore worth of projects after conducting 70 stakeholder consultations in a short period of four months, she said. …

Govt approves construction of 1.23 lakh houses under PMAY-Urban
5 years, 3 months ago

Govt approves construction of 1.23 lakh houses under PMAY-Urban

India TV News  

The government has approved the construction of 1.23 lakh houses under the Pradhan Mantri Awas Yojana, taking the total number of houses sanctioned under the scheme to over 90 lakh, a statement said on Thursday. "The CSMC, headed by Union Housing and Urban Affairs secretary Durga Shanker Mishra, approved 630 proposals from participating states for construction of 1.23 lakh houses …

GHMC asks Rs 1,350 crore, govt. gives Rs 25 crore
5 years, 3 months ago

GHMC asks Rs 1,350 crore, govt. gives Rs 25 crore

Deccan Chronicle  

Hyderabad: Monday’s state Budget was keenly watched for the allocations to the infrastructure projects in the city which need a total of Rs 30,000 crore. In the near term, the city needs about Rs 10,000 crore for ongoing projects like the Strategic Road Development Plan, the Musi Riverfront Development and Beautification project, the 2BHK housing project for the urban poor, …

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 …

Infra Budget 2019: Rs 100 lakh crore allotted for infrastructure in next 5 years, projects to bridge urban-rural divide highlighted
5 years, 6 months ago

Infra Budget 2019: Rs 100 lakh crore allotted for infrastructure in next 5 years, projects to bridge urban-rural divide highlighted

Firstpost  

Finance Minister Nirmala Sitharaman on Friday announced during the Union Budget 2019 a slew of steps to scale up India’s infrastructure including augmenting 1,25,000 kilometres of rural roads New Delhi: Finance Minister Nirmala Sitharaman on Friday announced a slew of steps to scale up India’s infrastructure including augmenting 1,25,000 kilometres of rural roads under the Pradhan Mantri Gram Sadak Yojana …

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 …

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