AP Rajiv Swagruha Corporation Ltd
200100000000538661
- location_on 7th Floor, Gagan Vihar Complex M. J. Road, Nampally, Hyderabad - 500001, Andhra Pradesh, India
- language rajivswagruhaap.gov.in
- event_available On Zricks since 2016
About AP Rajiv Swagruha Corporation Ltd
There are several housing schemes for the urban poor. Land cost in the urban areas has been increased manifold. The poor are benefited from the existing housing schemes which are highly subsidized and the rich face no problems in getting houses of their choice , the moderate income group only has been relegated to the back position of not being able to afford a decent house / flat with minimum facilities and basic infrastructure.
There was no housing scheme of the Government for this section of the people. The private builders were charging abnormal prices and supply was limited which was again artificially increasing the cost. Due to this steep rise in real estate, the moderate income group was unable to buy a flat of their own. And very few who could buy a flat somehow, were shocked when they realized that they have been cheated by the private builder who constructed the flat flouting/violating building byelaws and rules of the municipal corporation. The High Court of A.P. passed a historical judgment asking the present occupant/owner of these buildings to pay penalty charges in order to get their building regularized (BPS). The builders who constructed have vanished by them, since they were ‘fly - by - night operators’. There was no one to balance this anomaly or stop the cheating of citizens.
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