Curation Team
MYSURU: BJP MLA TS Srivatsa on Friday said that title deeds to group housing scheme beneficiaries of the Krishnaraja assembly segment will be distributed by the end of next year.
The group housing scheme is being undertaken at Lalithadripura, and the construction work is ongoing. It will be completed by the end of Dec 2026.
He was speaking after inaugurating a loan mela organised for 1,440 Ashraya Group housing scheme beneficiaries of the Krishnaraja assembly segment, held at Town Hall here.
The MLA said that only 940 Ashraya beneficiaries paid the full amount among the 1,440 beneficiaries identified for group housing schemes. State govt initiated measures to distribute the remaining 500 houses for general category candidates of Varuna assembly segment and complete the construction of this multi-storeyed building complex, he said.
State govt has assured funding of Rs 4 lakh for each group housing scheme beneficiary. A decision to this effect will be taken at the cabinet meeting soon. A five-storeyed building complex is coming up at Lalithadripura. Currently, the construction of three storeys is completed, he said.
Mysuru City Corporation (MCC) commissioner Sheikh Tanveer Asif said that each group house being constructed under the Pradhan Mantri Awas Yojana costs about Rs 13.4 lakh. Setting aside state and Union govt subsidy amount, beneficiaries must pay the remaining Rs 7.4 lakh.
To help the beneficiaries, MCC has organised this loan mela to assist the beneficiaries in availing loans that are necessary to complete the construction. About 15 public sector banks and three private banks have come forward to provide loans for the beneficiaries.
MCC additional deputy commissioner Kusuma Kumari, District Lead Bank manager Krishnarmurthy, and Rajiv Gandhi Rural Housing Development Corporation manager Vijayendra were present.
