Andhra Pradesh government to develop layouts for urban middle class, Real Estate News, ET RealEstate

VIJAYAWADA: The state government has proposed to develop layouts in urban areas to provide plots to middle class families at an affordable price. Chief minister YS Jagan Mohan Reddy in a review meeting with officials of the municipal administration and urban development department on Thursday proposed the scheme aimed at fulfilling the dream of middle […]

Outskirts of Visakhapatnam turn into hub of housing projects, Real Estate News, ET RealEstate

VISAKHAPATNAM: In the hope that Vizag will get the best infrastructure once it becomes the executive capital of Andhra Pradesh, the city seems to be growing. Realtors are now busy building affordable housing on the city outskirts and are expecting to attract the middle-income segment there. Flats in Vizag city are becoming costlier by the […]

Visakhapatnam development body plans to develop four new layouts, Real Estate News, ET RealEstate

VISAKHAPATNAM: The Visakhapatnam Metropolitan Region Development Authority plans to develop four layouts in four corners of the city in 2021, VMRDA vice-chairman and MD Koteswara Rao said on Thursday. “Despite our revenue dipping by 60% in 2020 due to the Covid-19 pandemic, we have planned several projects for 2021. Plots would be allotted through auction […]

Andhra Pradesh CM launches housing scheme in East Godavari district, Real Estate News, ET RealEstate

AMARAVATI: Mixing old and new schemes and dovetailing them to the Centrally-sponsored housing programme, the Andhra Pradesh government launched the house-sites distribution exercise in East Godavari district on Friday Chief Minister Y S Jagan Mohan Reddy, who formally launched the scheme named after his late father and himself as YSR Jagananna Housing Colonies, said the […]

Indo-Swiss building tech to be used in Andhra Pradesh housing project, Real Estate News, ET RealEstate

VISAKHAPATNAM: The Bureau of Energy Efficiency (BEE) has come forward to offer the ‘Indo-Swiss energy efficient building technology’ for Andhra Pradesh’s housing scheme – Pedalandariki Illu (housing for poor). Under the ‘Building Energy Efficiency Project’, the BEE would also impart training on this relatively new technology to the engineers and other staff, who will work […]

Distribution of house site pattas starts December 25, Real Estate News, ET RealEstate

VIJAYAWADA: The state government has zeroed in on December 25 for distribution of house site pattas. Chief minister YS Jagan Mohan Reddy is scheduled to launch the distribution from Kakinada in East Godavari district. A total of 3,01,171 people in Krishna district will receive one cent land in layouts developed by the state government. Altogether, […]

Andhra Pradesh CM directs officials to commence ‘Housing for All’ project from Dec 25, Real Estate News, ET RealEstate

AMARAVATI: Chief minister Y S Jagan Mohan Reddy has directed officials to commence the construction of houses under ‘Nava Rathnalu — Housing for All’ project from December 25, immediately after the distribution of house sites. Jagan, who reviewed the preparedness of the house sites distribution programme with ministers and senior officials at his camp office […]

‘To-let’ boards abound in Vijayawada as tenants move to outskirts, Real Estate News, ET RealEstate

VIJAYAWADA: House rents in Vijayawada seem to have come down following the pandemic outbreak. Sights of to-let boards have become quite common as people move to the outskirts where rents are lower as job losses have impacted incomes. Vijayawada saw a sudden spike in house rent in 2015. Two and three-bedroom houses saw a huge […]

Andhra Pradesh to distribute free house sites on December 25, Real Estate News, ET RealEstate

AMARAVATI: The Andhra Pradesh government will distribute documents for free house sites to the eligible people on December 25, including the commencement of housing construction for the poor. “Housing sites will be allocated by providing the necessary documents. As many as 30.6 lakh beneficiaries have been identified across the state,” said a senior government official. […]

Tidco houses allotment to be completed by December 20, Real Estate News, ET RealEstate

AMARAVATI: After dilly-dallying for nearly two years, the state government has prepared a plan for allotment of houses built by Township and Infrastructure Development Corporation (Tidco). The government has directed district collectors and municipal commissioners to complete the allotment by December 20. Sources said that the reluctance of banks to grant loans to beneficiaries was […]

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