Govt gives GHMC nod to construct 69,535 houses

 Telangana | Written by : Suryaa Desk Updated: Sat, Apr 08, 2017, 08:43 AM

HYDERABAD: The state government on Friday gave blanket administrative sanction to Greater Hyderabad Municipal Corporation (GHMC) to build 69,535 two-bedroom houses (dwelling units) costing `6,014.78 crore in Greater Hyderabad.

The permission follows GHMC’s plea for a blanket sanction for construction of 2BHK houses to minimise the delay in getting sanction for each dwelling. Till now, at regular intervals, GHMC has been approaching the state government for sanction of houses in phases, which causes delay.

Each dwelling unit costs around `7.90 lakh excluding infrastructure cost which comes around to `75,000. In the 69,535 dwelling units costing `6,014.78 crore, the government’s share comes to around `4,867 crore and GHMC’s to `625 crore. The infrastructure will cost `521 crore.

The government issued an order in August last year for construction of 5,050 houses costing `428 crore. A proposal was sent to the government in September by GHMC commissioner B Janardhan Reddy for administrative sanction for 15,519 houses costing about `1,298 crore.

The government had already sanctioned 20,569 (5,050+15,519) 2BHK houses for the city. Further, a proposal for construction of 9,896 houses in the third phase has been submitted to government for approval.

The houses will be built as per the availability of government land in various parts of the city.