By SNV Sudhir
Now, the AP Rajeev Swagruha Corporation Ltd (APRSCL) staff
is working overtime to finalise the procedure and modalities to refund the
payments made by the applicants who booked flats in ‘Adraja Township ’
in Yendada. Efforts are also on to auction the land where the housing project
was envisaged.
A cabinet sub committee appointed by the state government to
study the situation, analyse the problem and help the Corporation to come out
of the financial crisis has recommended that projects across the state be
categorised.
The committee recommended that those projects coming under
category I and II be given stimulus by providing loan to the tune of Rs 105 cr
and projects under category III may be scrapped and the installments paid by
the applicants be fully refunded.
Vizag’s Adraja Project falls under category III and it was
decided to be scrapped.
It’s been more than 5 years since the much hyped Rajeev
Swagruha housing for the middle class was first launched and except four model
houses on display for the applicants nothing has come up at Yendada’s Adraja Township ,
where government allotted around 57.3 acres of land for the project.
A demand survey for city’s Rajeev Swagruha scheme was done
in 2007 and around 57.73 acres of land was taken possession by the APRSCL in
2009, to construct around 2, 588 under Adraja township. The proposed township
is located close to Rushikonda.
Earlier authorities were confident of finishing the first
phase by constructing 800 flats but nothing has moved positively except
foundation for 6 blocks. Due to non availability of river sand it was delayed
for more than year and later funds crunch hindered the housing scheme.
The digging of 30m depth to make the terrain suitable for
construction, took many years. Initially the Rajeev Swagruha Corporation had
received around 13, 045 applications for flats at Adraja township of three
different categories but some of them backed off initially due to delay in
grounding the project and the escalation in the upset price.
Subsequently the allottees of flats had lost interest in the
scheme. Most of the allottees who paid an initial amount of Rs 25,000 as
confirmation had lost interest in owning a flat by the Corporation and backed
off. They were reluctant to pay the remaining installments which pushed the
Corporation into financial crisis delaying the project.
“Many allottees backed off which pushed the project into
financial mess. There are no hopes of revival and government decided to scrap
the project as it’s is not viable though we spent very good amount on
foundation. The 57.3 acres will be disposed in an auction. We have divided the
entire land into 8 bits. The auction date and also the repayment schedule will
be announced very soon,” said an APRSCL senior official told this
correspondent.
APRSCL authorities
last year has taken up first phase of constructing 896 flats in six blocks,
with G+ 13 structure each. The first phase itself was supposed to be grounded
in August 2009 as envisaged initially, but it was delayed till 2011.