STOCK MARKET BSE NSE

CSC to register villas in beneficiaries’ names

Published: 01st September 2016 03:45 AM  |   Last Updated: 01st September 2016 03:45 AM   |  A+A-

HYDERABAD: The Cabinet Sub-Committee (CSC) on joint venture projects, which met here on Wednesday, decided to register villas and commercial ventures in the name of beneficiaries.

The joint-venture projects were taken up by the erstwhile YS Rajasekara Reddy government but they were not registered in the name of beneficiaries due to various reasons.

The TRS government constituted the CSC to look into the projects, as the registration of the assets to the beneficiaries would fetch good amount of revenues to the state government.

The registration and completion of joint-venture projects had been pending for more than seven years.The CSC, while giving approval for the registration of assets, also urged the beneficiaries to pay the dues to the housing department immediately.

Principal secretary (housing) Ashok Kumar gave a powerpoint presentation to the ministers on the status of the joint venture projects.

Officials informed the CSC that Ramky has failed to take up the construction of weaker section housing programme in its joint venture in Warangal.

Stay up to date on all the latest Telangana news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp