Housing minister Zameer Ahmed says 2.32 lakh free houses are sixth guarantee of Cong govt

Talking to reporters here on Friday, the minister said that the project being executed jointly by the Slum Development Board and the Rajiv Gandhi Housing Corporation has been lying ‘idle’ due to non-payment of the share of the beneficiaries.

“Now, the government has decided to bear the share of the beneficiaries. This will be the sixth guarantee of the Siddaramaiah-led Congress government and all the 2.32 lakh houses will be completed before the end of the next year”, he said.

The minister said the CM had given this assurance on the dais at the function held in connection with the Karnataka Sambhrama programme held in Hampi on Thursday. The cost of the project, which was around Rs 8,000 crore, will be borne by the government in a phased manner.

“A meeting with the Finance Department officials in this regard will be held next week. This decision of the CM will give solace to 2.42 lakh families. Those who were worried for the non-availability of the bank loans will be totally relieved. The cost of construction of each unit would be RS 7 lakh out of which the state and Union governments will give subsidies up to Rs 3 lakh and the beneficiaries were supposed to pay Rs 4 lakh. But now, the state government will bear that amount which was supposed to be paid by the beneficiaries”, Zameer Ahmed said. (ANI)