State Embarks On India’s Largest Energy-saving Housing Scheme, ET RealEstate

September 25, 2023

VISAKHAPATNAM: The state government distributed 30.65 lakh house sites under ‘Navaratnalu-Pedalandariki Illu’ scheme.

Women hold the ownership titles of these sites, measuring 71,811 acres in total. The land alone is estimated to cost ₹56,102 crore. Of the total beneficiaries, 19.9% belong to scheduled castes, 5.76% to scheduled tribes, 54.35% to backward classes, and 19.98% to other castes.

The state government is poised to construct 30.65 lakh houses on these sites, with a project cost totaling to ₹83,460 crore. A substantial 21.75 lakh houses have already been sanctioned under PMAY-YSR-urban and rural schemes, with a project cost of .₹64,337 crore.

The housing schemes for weaker sections are being implemented through the Andhra Pradesh State Housing Corporation Limited.

Meanwhile, APTIDCO is adding to this momentum by constructing 2.62 lakh houses for the urban poor in 88 cities/towns at 163 locations. These houses, being constructed in a G+3 pattern, are divided into three categories based on size and financing. Beneficiaries receive 300 square feet houses entirely at free of cost, while others are funded through contributions from both Central and state governments, as well as loans from beneficiaries. Additionally, the government ensures necessary infrastructure for these colonies.

The state government is prepared to facilitate each beneficiary with four LED bulbs, two LED tube lights, and two energy efficiency BLDC fans, supported by the Energy Efficiency Services Ltd (EESL). This initiative is expected to save about 734 units of energy per house per year. This equates to approximately ₹352 crore in annual energy savings for the 15.6 lakh houses being constructed in phase-one.

Special chief secretary for housing Ajay Jain asked the housing beneficiaries to voluntarily take advantage of these energy-efficient offerings facilitated by the housing corporation for an improved quality of life.

“The core component of the ‘Navaratnalu’ programme is transforming the lives of the underprivileged and making dignified living a reality for all,” said Ajay Jain.

  • Published On Sep 25, 2023 at 06:00 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App

Source link

Abhay Singh

Web Developer

Leave a Comment