Telangana govt to cut cost of each 2BHK house by Rs.50K

HYDERABAD: With a target of completing construction of 2.60 lakh two-bed room houses this year, the cabinet sub-committee on housing took a slew of measures to reduce the construction cost of each housing unit by up to Rs.50,000.

As part of the cost-cutting measures, the committee announced reduction of seigniorage charges on sand and cement. This is expected to bring down the cost of cement to Rs 235 per bag. It also decided to give relaxations for the construction of individual toilets in houses.

The cabinet sub-committee comprising ministers A Indrakaran Reddy, T Harish Rao, P. Mahender Reddy, G Jagadish Reddy, Mission Bhagiratha (Telangana Drinking Water Supply Corporation) vice-chairman Vemula Prashanth Reddy and MLA Challa Dharma Reddy on Monday reviewed the progress as well as challenges being faced for completion of the two-bedroom housing project.

The committee agreed in-principle to hand over powers to district collectors to release funds for the housing projects. It suggested that the tender process for the projects be completed by next month and begin work immediately. Detailed guidelines on these issues are to be issued soon.

Later speaking to the media, housing minister A Indrakaran Reddy said that chief minister K Chandrasekhar Rao was giving top priority to the two-bed room housing projects and the relaxations discussed by the committee on Monday followed his directions for early completion of construction of the houses.

He said National Thermal Power Corporation (NTPC) agreed to transport fly ash for 100 km to be used for cement bricks for housing projects.The government will also appoint a nodal officer to oversee the progress of housing projects, he added.

Credits ET Realty

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