Foundation stone laid for housing colony for the poor.

Stating that the two-decade wait of the poor people from the city to own house had come to an end with the commencement of 4,600 housing units at Parlopeta, MLA Vanamadi Venkateswara Rao on Monday said availability of land was the major constraint in building houses in all urban areas including Kakinada, as the city was growing leaps and bounds.

“I have brought the issue of housing to the notice of Chief Minister N. Chandrababu Naidu many a time. Subsequently, we have undertaken a survey of government land and spotted this 47-acre site for the purpose,” he said, addressing the public after laying the foundation stone for the ‘NTR Nagar’ residential colony.

Mr. Rao said the project cost was ₹342 crore and both the Central and the State governments would provide a subsidy of ₹1.5 lakh per unit.

Plans were afoot to construct another 5,600 units for those who owned house sites, he said.

THE HINDU