Telangana to promote long-vacant Rajiv Swagruha Flats, eyes Rs 1,000 crore income: Particulars right here
There are 601 flats in Sadbhavana township in Pocharam, 159 flats in Sahabhavana township in Bandlaguda, in addition to 418 flats in unfinished 9- to 14-storey towers.
In what comes as excellent news for these seeking to get a brand new flat in Hyderabad, the state authorities has put the Rajiv Swagruha Company flats in Bandlaguda, Pocharam and Gajularamaram townships up on the market. The federal government seeks to boost over Rs 1,000 crore by promoting these flats. Though the scheme was launched in 2007 within the undivided state, a whole lot of flats and 1000’s of plots remained unsold throughout the final six public sale phases.
Reasonably priced Housing Underneath Rajiv Swagruha Scheme
The development of those flats was performed beneath the Rajiv Swagruha scheme geared toward offering inexpensive housing to the center lessons in city areas in addition to on the outskirts of cities.
There are 601 flats in Sadbhavana township in Pocharam, 159 flats in Sahabhavana township in Bandlaguda, in addition to 418 flats in unfinished 9- to 14-storey towers. All these flats situated within the Medchal-Malkajgiri district have been put up on the market.
Potential patrons fascinated by buying new flats are required to submit their functions, with the allotment course of scheduled for July 30, August 1, 2, and 20, performed by a draw. To get particulars, individuals and builders can go to the official web site.
Dimension Of Flats
Constructed virtually 15 years in the past, most of the flats remained unsold and are actually being supplied on the market. The dimensions of flats ranges from 520 sq ft to over 1,600 sq ft, with costs beginning at Rs 2,500 and going as much as Rs 4,000 per sq ft.
Importantly, with the sale of 18 open plots in Part 7 of Kukatpally Housing Board Colony, the Housing Board has already raised Rs 142.78 crore. Notably, one of many plots fetched a document 2.98 lakh per sq yd. Additional, it additionally generated Rs 65.02 crore via the public sale of open plots and flats in a number of areas, together with Gachibowli, Chintal, and Nizampet.
Recent Public sale Of Industrial Plots
In a recent notification, the Housing Board has introduced a recent public sale of its business plots, together with KPHB business plots and Nampally business plots.
The ultimate public sale, which has been scheduled for July 30, can be a clear e-auction course of, Telangana Housing Board Vice-Chairman V OP Gautham stated. The transparency will make sure that all bidders get a stage taking part in subject.
