Chief Minister YS Jagan Mohan Reddy will virtually launch the YSR Jagananna Colonies project on Thursday, where 15.6 lakh houses will be constructed at a cost of Rs 28,084 crore in the first phase, targeting completion of the entire project by June 2023.
As promised in the election manifesto, the Jagan Mohan Reddy government has targeted to complete the ‘Pedalandhariki Illu’ scheme by June 2023. In both the phases, as many as 28,30,227 houses will be constructed at a cost of Rs 50,944 crore. In the phase-2, 12.7 lakh houses would be constructed. While the first phase is set for completion by June 2022, the second phase will be completed by June 2023.
The Chief Minister says the government envisages new towns will emerge with these layouts. Authorities have been directed to focus on infrastructure facilities with an expenditure of Rs 32,909 crore. The government is spending Rs 4,128 crore on drinking water, Rs 22,587 crore on roads and drainage, Rs 4,986 crore on power supply, Rs 627 crore on internet and Rs 567 crore on other facilities.
The government is procuring 69.70 lakh metric tonnes of cement, 7.44 lakh metric tonnes of steel, 310 lakh metric tonnes of sand, and other materials for the initial construction. The government will also provide 20 metric tonnes of sand at free of cost from nearby sand rigs for the construction works.