APREDA signs MOU with APSHCL
An MOU has been signed between AP Real Estate Developers’ Association (APREDA) and the AP State Housing Corporation Ltd (APSHCL) on behalf of the Government of Andhra Pradesh.
APREDA has come forward to participate in the construction of 440 houses in RAJOLE village, Waddepally Mandal, Mahaboobnagar District and 253 houses in Peddakothiliki Village of Nandavaram Mandal, Kurnool District under the Type II scheme of flood Housing Programme.
As per the type II scheme the additional amount of Rs. 10,000/- per unit will be borne by APREDA in addition to the unit cost of Rs. 68,450/- allocated by the Government under the Flood Housing programme. Construction of the houses will be taken by APSHCL.
Speaking on the occasion Minister for Housing Silpa Mohan Reddy said "Government has taken up the task of rehabilitation of rehabilitation of the flood affected victims in the four districts of Kurnool, Mahaboobnagar, Krishna and Guntur. Many NGOs have come forward to join hands for this cause but APREDA is the first organization that has signed the MOU to contribute for the construction of 693 houses for the flood affected victims. These houses will be ready by May 2010."
APREDA President, P Prem Kumar signed an MOU with the Project Director of Kurnool, Ramesh Babu and Project Director, Mahaboob Nagar, Suresh Babu on this occasion."This is a unique scheme in which APSHCL and APREDA are jointly constructing the houses. Apart from using our rich experience in the construction field we are going to supervise the construction so that good quality houses are timely delivered on time" added P S Reddy, Chief Advisor, APREDA.