Online sale of Rajiv Swagruha begins
HYDERABAD: The State government has started online sale of Rajiv Swagruha flats to its employees on Saturday. Endowments and Housing Minister A Indra Karan Reddy and chief secretary SP Singh launched the portal for online sale of flats at Secretariat. The state government employees can now purchase their flat through www.tsswagruha.cgg.gov.in. Speaking on the occasion, the Housing minister said the state government works for the benefit of the employees.
The state will sell 3,710 Rajiv Swagruha flats constructed in Bandlaguda and Pocharam. The price for finished flats in Bandlaguda is fixed at `1,900 per sft, and `1,700 per sft for semi-finished flats. The price for finished flats in Pocharam is fixed at `1,700 per sft, and `1,500 per sft for unfinished flats. On the occasion, Chief Secretary SP Singh said selling Rajiv Swagruha flats to government employees is a ‘friendly gesture’.
It may be recalled that the flats of Rajiv Swagruha, both in Bandlaguda and Pocharam, were not sold owing to various problems. There had been no takers for these flats even after the repeated efforts by the state government in the last three years. Finally, the government has decided to sell the flats to its employees. The State government paid `1,069 crore interest on the loan taken for the construction of Rajiv Swagruha houses. So far, the State repaid `670 crore principal loan amount. Soon, the State government will repay another `400 crore loan to the banks.The Rajiv Swagruha flats were constructed in the combined AP government.