Cement to be provided at ₹230 per bag for Indiramma Houses

The State government's Indiramma Houses construction project has secured cement at a reduced rate of ₹230 per bag, according to an announcement made in response to Housing and Revenue Minister Ponguleti Srinivas Reddy's request. This decision marks a significant shift from the commercial market price of around ₹340 per bag. The price discrepancy arises due to the quantity purchased, with many beneficiaries of the scheme having already incurred substantial subsidies - some exceeding ₹5 lakh - to counteract the rising costs of construction materials.

The first phase of the housing scheme, implemented across the state with the exception of Hyderabad, saw the sanctioning of 4.5 lakh houses. Of these, 85% have had their slabs laid, with the remaining 15% progressing through various stages of construction. The second phase, detailed in a recent press note, also includes the sanctioning of 2.5 lakh houses, with 2,000 units allocated per Assembly constituency.