propnewstime.com-Telangana fast-tracks affordable housing as Hyderabad property prices rise
As Hyderabad property prices continue to increase, the Telangana government has accelerated its initiative to offer cheap housing for middle- and lower-income groups. The Telangana Housing Board (THB) has been made the main implementing agency of the state's new affordable housing policy. According to internal sources, the policy is to be finalized in coming months.
The first part of the project will involve coming up with residential units on THB-owned land in 700 acres. Next will be extending the project to the additional 900 acres owned by Deccan Infrastructure and Land Holdings Limited (DIHL) but all projects are to be carried along the Outer Ring Road (ORR). Ahead of that, THB has already asked for expressions of interest (EOI) from consultants to come up with an overarching strategy on how to undertake the housing developments.
