The Hindu : Andhra Pradesh / Hyderabad News : Move to increase cost of flats opposed by allotees

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Tuesday, Oct 20, 2009
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Andhra Pradesh

Andhra Pradesh - Hyderabad

Move to increase cost of flats opposed by allotees

Staff Reporter

HYDERABAD: Members of Arambha Rajiv Swagruha Welfare Association on Monday strongly opposed the government’s decision to increase the cost of flats. They said that allotees decided to boycott the programme organised to allot flats through lottery system at GHMC Kalyanamandapam, Chandanagar on Tuesday.

In a press release here, Association Secretary S.S. Rathod said the government’s decision to increase the flat’s cost by Rs.1.90 lakh for double bedroom one and Rs.95,000 for single bedroom one was an additional burden on the allotees. The Rajiv Swagruha Corporation hiked the cost on the pretext of providing better amenities.

Actual cost

The actual cost of double bedroom flat was Rs.10.3 lakh, while single bedroom flat costs Rs.7 lakh, he said.

“We are already paying high interest to the bank ever since the project was commissioned in 2007. Some had even mortgaged their gold ornaments. Under these circumstances, the sudden increase in the cost is unjustified,” he said. Mr. Rathod alleged that Corporation officials were also indulging in irregularities in allotting flats by ignoring eligibility criteria.

The government proposed to construct 1,140 flats by August this year when the project was commissioned two years ago. “We will proceed legally if the government failed to come to our rescue,” he added.

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Andhra Pradesh