Sanction of 2160 houses in Huzurnagar Municipality


The Managing Director, A.P. State Housing Corporation Limited has submitted proposal for construction of 2160 houses in Huzurnagar Municpality, Nalgonda Distict and 1028 Number of houses in Atmakur Municipality, Sri Potti Sriramulu Nellore District with infrastructure.

The financial pattern of the two projects is as detailed below:

Sl.

No.

Project Name

No. of Houses

Project cost (Rs.in Crores)

GoAP Share HUDCO Loan

Beneficiary

Contribution

Infrastruc-ture

Total

1 Sitaramaswamigutta

in Huzurnagar Mplty

of Nalgonda Dist.

2160

18.58

61.87

6.30

11.76

98.51

2 Atmakuru

Municipality

of  Nellore District.

1028

8.32

9.20

2.48

6.46

26.45

 

After examination of the proposal, Government have accord administrative sanction for the estimate for an amount of Rs.98.51 Crores for construction of 2160 houses in  Huzurnagar Municipality  of  Nalgonda District  and  the estimate for an amount of Rs.26.45 Crores for  construction of 1028 Number of houses in Atmakur Municipality of Sri Potti Sriramulu Nellore District.   The Government of Andhra Pradesh Share of Rs.18.58 Crores (Rupees eighteen crores and fifty eight lakhs only) for the Huzurnagar project and Rs.8.32 Crores (Rupees eight Crores and thirty two lakhs only) for Atmakur Project (total Rs.26.90 Crores) shall be met from the Urban Indiramma Housing component under regular  Housing  programme.

The Managing Director, A.P. State Housing Corporation Limited  is also permitted to meet the Government of Andhra Pradesh Share for the above two projects from the regular budget allocation of A.P. State Housing Corporation Limited for the financial year 2013-14 and to avail loan component for an amount of Rs.71.07 Crores ( i.e.Rs.61.87 Crores for Huzurnangar project and Rs.9.20 Crores for the Atmakur Project) from the  Housing and Urban Development Corporation Limited following the prescribed procedure.

The Managing Director, A.P. State Housing Corporation Limited / Commissioner, Weaker Sections Housing Programme, shall take necessary further action in the matter accordingly.

This order issued with the concurrence of the Finance(Expr.Housing) Department vide their U.O.No.1147/80 /Expr. Hsg./13,dated.04.10.2013.

 G.O.Rt.No.: 219 Dated:04.10.2013.

1) From the MD., APSHCL, Lr. No.976/ASPHCL/E&P/Huzurnagar /Urban/2012, dated. 29.1.2013 and dt.12.04.2013

2) Govt. Lr. No.451/U&IAY.A1/2013-3, dated:22.04.2013.

3) From the MD, APSHCL, Lr.No.976 / APSHCL/ E&P/ Huzurnagar/ Urban, dated:13-08-2013.

4) From the MD, APSHCL, Lr.No.976 / APSHCL/ E&P/ Huzurnagar/ Urban, dated:20.09.2013.

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