house in Hyderabad for the EWS category considering a subsidy of Rs.3,000, a loan of
Rs.25,000, and a beneficiary’s contribution of Rs.2,000. The upper limit of income for an
individual to be registered as a beneficiary was stipulated as Rs. 18,000 per annum. Where the
existing densities do not permit all ground floor structures, the buildings are constructed in two or
more floors. The cost ceiling enables only the grant of land tenure and the building of the RCC
frame structure for the multi-level tenements. The beneficiaries are then expected to build the
walls/envelope on their own. In such cases, the experience shows that the beneficiaries, for
various reasons do not complete the dwellings and therefore, they remain unoccupied. The local
ody is expected to develop the infrastructure networks and provide the other services.
he schemes in operation in Hyderabad by the APSHCL are :
Category
s.)
Unit Cost
n. (Rs.)
Lo ( Subsidy
s.)
b
T
Income
Limit( R ( Rs.)
Beneficiary’s
Contb
an
Rs.) ( R
EWS 18,000 30,000 2,000 25,000 3,000
Township houses 30,000 100.000 2,000 95,000 3,000
The current approach to housing being evolved by the APSHCL is to take over the ownership of
a piece of government land through official transfer, develop the infrastructure networks, build the
tenements, and sell the units. This would make the project integrated and ready for occupation.
The cost ceiling for such ‘Township Houses’ was initially specified as Rs.50, 000. Due to the
increase in the cost of land, infrastructure development and construction, the cost ceiling of such
‘Township Houses’ has been proposed to be increased to Rs.100,000. The net cost of a 24 sq.m.
(plinth area) tenement completed in all respects, in a multi-storeyed building is thus estimated at
about Rs. 100,000 at current prices. This includes the cost of land, development of on-site
frastructure and construction of floor space.
s of the housing agencies–namely, to locate these houses
close proximity to their workplaces.
and increased coverage of the programme, the following recent actions
riteria is now permitted. The response
ral component
htly better off lower income
groups on total cost recovery basis (as described above).
in
At present
norms of HUDCO loans for the EWS a maximum of 25% of the household’s
disposable income is considered in calculating the credit eligibility of a household. At the cost of
Rs.100,000 per house, the monthly income required for being eligible for a housing loan from the
HUDCO is about Rs.4,500 which is nearly twice the income limit specified for the ‘Township
House’ category. The only other alternative is to supply developed land at the peripheries of the
city, which does not fulfill the guideline
in
For better performance
are initiated :
a. One time repayment of outstanding loans is announced by the Corporation. Transfer of
unit to another household fulfilling the eligibility c
has been tremendous in view of this concession.
b. So far the state government has been standing guarantee for the loan raised from
HUDCO. Since the recovery position was very poor, budgetary allocation is made
annually for extension of loan to the Directorate of weaker section housing programme,
which draws the money from the government and passes on to the Corporation. With a
view to improve the performance of the corporation in terms of loan recovery, starting
from the current year, the government decided to only extend letter of credit and not
stand guarantee. However, there is thinking in the
Corporation that the ru
caters to the very poor and hence may be viewed as a welfare measure.
c. Integrated projects in Hyderabad will be taken up for slig
5