Real estate news on Big contractors not keen on 2-BHK house scheme in Hyderabad

Real Estate services, Residential Properties, Hyderabad
Posted on Nov 22, 2016

Despite promising to build more than a lakh two-bedroom houses for poor in the Greater Hyderabad Municipal Corporation (GHMC) limits, so far work began on construction of only 944 such apartments at four locations in the city - Syed Sab Ka Bada (48), Bandlaguda (176) Yerukala Nacharamma Nagar (432) and Singam Cheruvu (176).

This was disclosed by D Shiva Kumar, GHMC's superintending engineer in response to a Right to Information (RTI) query filed by a city-based activist, P Suresh.

"It will not be a surprise that at the current pace, it will take a decade to start work on all the sanctioned 1.08 lakh two-bedroom houses or apartments in GHMC limits promised by the government. And there is no fixed deadline for each allotted work," Suresh said.

In fact, the detailed response furnished by GHMC superintending engineer said tenders were called for from private agencies for construction of 4,986 two-bedroom, hall and kitchen units at 15 locations in nine assembly constituencies but final work allotment was made only for 944 houses. Though the construction cost given by Telangana to builders is 8.7 lakh, sources said that class-1 builders have not shown any interest in the bidding process for construction of houses for the poor in the city.

This forced the GHMC to amend the bidding participation rule early this month, allowing even small builders to submit their bids. "The GHMC is providing builders cement at 230 per bag, lower than the market rate, but class-1 builders are not showing any interest in the scheme," said a GHMC official.

It may be recalled that only 396 two-BHKs have been successfully constructed at a cost of 33.94 crore at IDH Colony and four other adjacent slums in the city but that was before the civic polls earlier this year.

Share on: