Online edition of India's National Newspaper
Thursday, Sep 13, 2007
ePaper
Google


Citi Bank

Andhra Pradesh
News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary |


ICICI Bank

Andhra Pradesh Printer Friendly Page   Send this Article to a Friend

Major township plan for Medak


5,000 dwellings to come up on 730 acres

2,100 acres identified near proposed IIT


HYDERABAD: Andhra Pradesh Rajiv Swagruha Corporation Limited’s biggest township with 5,000 dwellings will come up on 730 acres close to the proposed Indian Institute of Technology near Kandi village in Medak district.

The self-contained township, planned on a stretch of land at Lakdaram, Yadnoor and Bythol, is 5 km away from the proposed IIT and nearer to the district headquarters town, Sangareddy.

Independent houses, duplex units, flats and row houses comprise the township.

While an extent of 2,100 acres has been identified in Medak district, the empowered committee has already cleared 730 acres for the township, which has the prospect of growing fast as it is close to the State capital.

Facilities

“It will have a club house, shopping complex, school, park, playground, an amphitheatre, well-designed storm water drainage network and recharge pits located strategically.

“Solar heaters and solar street lighting and a two-metre green corridor along the periphery would be value additions,” said an official.

Mega townships will also come up on 300 acres in Khammam, 200 acres in Nellore, 156 acres in Tirupati, 100 acres each in Kadapa, Anantapur and Vizianagaram. Karimnagar may also get a mega township given the heavy demand for houses/flats.

Down payment

Under the first phase, 45,000 Rajiv Swagruha houses/flats would be constructed this year at a cost of Rs. 5,350 crore.

“We expect to get about Rs. 1,400 crore from the 25 per cent down payment from the beneficiaries after the draw of lots is completed,” the official disclosed.

Next year, 75,000 houses/flats would be constructed and in the third year another 55,000 units, to achieve the target of 1.74 lakh houses/flats.

A sum of Rs. 22,000 crore is required for the execution of the project.

Revised plan likely

Finding it difficult to acquire Government land, the Rajiv Swagruha officials are contemplating revising the plans of constructing independent houses.

“Instead, we are preparing project reports to construct flats, row houses and duplex bungalows,” the sources said.

Printer friendly page  
Send this article to Friends by E-Mail



Andhra Pradesh

News: ePaper | Front Page | National | Tamil Nadu | Andhra Pradesh | Karnataka | Kerala | New Delhi | Other States | International | Opinion | Business | Sport | Miscellaneous | Engagements |
Advts:
Classifieds | Jobs | Obituary | Updates: Breaking News |

Dell


News Update



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | Publications | eBooks | Images | Home |

Copyright © 2007, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu