Latest news with #TDR
New Indian Express
6 hours ago
- Business
- New Indian Express
Andhra Pradesh government fast-tracks TIDCO housing for poor people
ONGOLE: The State government is prioritising the completion of TIDCO housing units across the State, aiming to deliver 365 and 430 sq. ft. houses to beneficiaries by this Deepavali festival, announced Minister for Municipal Administration and Urban Development (MAUD), P Narayana, on Friday. In a district-level review meeting at the Collectorate, the Minister confirmed that the long-delayed construction works had resumed, with L&T scheduled to begin work in Prakasam district within the next 15 days. MAUD Minister clarified that the TIDCO houses were categorised into 300 sq. ft., 365 sq. ft., and 430 sq. ft. units, and that the previous YSRCP government had left the scheme stalled. 'Despite bank loans being raised, many beneficiary accounts had turned into Non-Performing Assets (NPAs). Upon taking office, our alliance government paid Rs 140 crore to the bankers and got the scheme back on track,' he said. Narayana also revealed that the State is addressing the massive waste issue, with 85 lakh metric tons of garbage accumulated during the previous government's tenure. The government has already recycled 40 lakh tons and aims to clear the remaining waste by October 2. 'We are committed to providing safe drinking water, better sanitation, roads, and drainage facilities for urban citizens,' he said. The Minister also stated that the government is focusing on road expansion projects in Ongole, compensating affected families through TDR bonds. Despite the state's financial challenges, Narayana confirmed that under the leadership of Chief Minister Chandrababu Naidu, the government has been able to secure central funds to drive its welfare and development agenda. 'We remain focused on fulfilling our promises, with plans to launch Anna Canteens in rural areas soon and generate 20 lakh job opportunities for the youth by attracting industrial giants to the state,' Narayana added.
Hans India
7 hours ago
- Business
- Hans India
TIDCO houses distribution by Diwali: Narayana
Ongole: Municipal Administration and Urban Development Minister P Narayana announced that the pending construction works of TIDCO houses will be completed and houses will be handed over to the beneficiaries by Diwali festival. He held a review meeting on the activities related to Ongole Urban Development Authority at the Collectorate here on Friday. Later addressing the media, Minister Narayana explained that the TIDCO houses are being constructed in three categories with areas of 300, 365, and 430 square feet. He announced that houses measuring 365 and 430 square feet will be completed first and delivered to beneficiaries by Diwali. He alleged that the previous government had raised bank loans in beneficiaries' names without providing houses, leading to non-performing assets (NPAs) in bank accounts. After Chief Minister N Chandrababu Naidu's instructions and paying Rs 140 crore to the banks, the Minister explained that the banks enabled the beneficiaries to take out fresh loans. He said the construction activities have commenced across the State, with L&T representatives expected to begin construction work in Prakasam district within the next 15 days. The MAUD Minister announced that four of the eight and a half million tons of waste accumulated State-wide during the previous government's tenure had been recycled already, and the remaining will be recycled by October 2. He informed that tenders have been called for to provide safe drinking water through taps in the State. He said that within four years, every household will receive water from surface sources like rivers rather than borewells. Narayana said for road expansion in Ongole, TDR (Transferable Development Rights) bonds will be provided to affected parties. He emphasised the government's commitment to creating 20 lakh jobs as promised, focusing on bringing industries to the state. He said that free bus travel for women will begin from August 15, as announced by the Chief Minister. He said that the government is coordinating with the Central government to provide financial assistance to farmers. He announced that they are planning to extend Anna Canteens, which are addressing hunger among the poor and currently serving 2.25 lakh people daily, to the rural areas. Joint Collector R Gopalakrishna, Markapur MLA K Narayana Reddy, Ongole Mayor Gangada Sujatha, Deputy Mayor Vemuri Suryanarayana, Ongole Municipal Commissioner K Venkateswar Rao, and Urban Development Authority officials attended the review meeting.
Time of India
2 days ago
- Politics
- Time of India
Probe ordered into alleged TDR scam on reserved land in Deolali
Nashik: On Thursday, Ram Shinde, the chairman of the Maharashtra Legislative Council, directed the civic and district administration to investigate an alleged Transfer of Development Rights (TDR) scam related to the acquisition of land reserved for public amenities in the Deolali area of Nashik city. He instructed them to submit a report within 15 days. The directive emerged during a meeting with the relevant officials following a complaint that the Nashik Municipal Corporation issued TDR certificates to a landowner at rates exceeding the govt market value in exchange for land in Survey No. 295 at Deolali within the NMC limits, designated for a garden, school, and the 18m DP Road. The meeting took place at Vidhan Bhavan in Mumbai on Thursday. Ram Shinde, the state legislative council chairman, said the complaint indicates NMC issued TDR certificates to the landowner concerned at a rate of Rs 25,100 per sqmt, while govt market value of the reserved land at Deolali was Rs 6,500 per sqmt. At first glance, this appears to have resulted in losses to state govt. Shinde asked the NMC commissioner, inspector-general of Registration and Controller of Stamps, and district collector to conduct a thorough investigation into the alleged TDR scam and submit the report within 15 days. Shinde also instructed that if the inquiry establishes the facts, criminal cases should be filed immediately against those found guilty during the probe. The officials attended the meeting via video conference.
Time of India
3 days ago
- Business
- Time of India
Vijayawada govt eases construction norms to boost development, ET Infra
Advt In a bid to boost the construction sector, the state government has relaxed several norms, easing the process of obtaining permissions. The minister for municipal administration and urban development, Ponguru Narayana, said that the amendments were approved by the to the new norms, a mortgage of 10 per cent land is not required if the construction is being made on government allotted construction of a 1.5-meter-wide balcony is allowed even in buildings with a height above 3 meters, provided all setback norms are complied with. The installation of CCTV cameras is made mandatory in all apartments, high-rise buildings, hotels, malls, and group house non-red category industries, a 9-meter-wide road will be sufficient, whereas for red category industries, a 12-meter-wide road is mandatory. A security post can be erected in front, and sewerage plants are allowed at the back. No permission is required to use a TDR bond if it is used on the same builders, developers, and construction firms, licence will be issued for three years. If the plot area is up to 50 sq meters, deemed permission will be given for the construction of G+1 for just ₹1.
Time of India
3 days ago
- Business
- Time of India
Andhra Pradesh government eases building norms for small structures
AMARAVATI: Andhra Pradesh Minister P Narayana on Tuesday said the Cabinet has approved key relaxations in building rules to support small constructions. Narayana, the municipal minister, said earlier, norms applied only to buildings above five floors, but now structures below five floors will also benefit from simplified approval. "Builders can mortgage 10 per cent of the plot area and construct as per the rules. For government lands, submitting an affidavit will be sufficient," said Narayana, addressing a press conference after the Cabinet meeting. He said balconies up to 1.5 metres are now allowed for buildings raised three metres from the ground and added that installing CCTV cameras is now mandatory in all residential and commercial buildings. For non-red category industries, the road width must be at least nine metres, while for red category industrial constructions, it should be 12 metres, said the minister. Sewage Treatment Plants (STPs) must be constructed at the back of buildings, he said. Narayana said those who lose land due to road widening will be issued Transferable Development Rights (TDR) bonds, which allow the construction of an additional floor on the same building without needing further approval. Builders and developers will now be granted licenses valid for three years, Narayana said. For buildings with a ground floor or ground plus one floor and built within an area of 50 square metres, a nominal fee of Re 1 is required for obtaining approval, he said. For properties shared by siblings, a two-metre pathway suffices for plots up to 100 square metres, while 3.6 metres is adequate for larger plots, the minister said.
