Vzm aims to complete 34k housing units by March, Real Estate News, ET RealEstate

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Vizianagaram aims to complete 34,000 housing units by March 2023

Visakhapatnam: The state government has set a target of completing construction work on 34,505 housing units by March 22. UgadiTo Vizianagaram District Officer.

While work on 18,320 units had already been completed, the remaining are at various stages of execution. With barely two months left for Ugadi, the beneficiaries have accelerated the works.

According to Vizianagaram district officials, Vizianagaram has been sanctioned 77,205 housing units.

About 40,500 units belong to individual home owners/sites. The remaining 36,600 units are being developed in 651 layouts spread across the district. Jagannath Housing Colonies plan.

Financial assistance of Rs 1.8 lakh is offered to each beneficiary. An additional Rs 35,000 is given to the women of self-help groups. This is in addition to the land provided free of cost.

The Housing Corporation alone spent Rs 162 crore on the construction of infrastructure in these layouts, while the Energy Department, Rural Water Supply, Panchayat Raj and other related departments are contributing in the expansion of infrastructure.

Permanent infrastructure development is being done in YSR Jagannath Colonies which includes roads, drains, water supply, electrification, underground internet cabling etc.



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