Thursday, February 25, 2010

Real estate body to build houses in flood-hit districts


BS Reporter / Chennai/ Hyderabad February 25, 2010, 0:20 IST

The Andhra Pradesh Real Estate Developers' Association (APREDA) will sign an agreement tomorrow with housing project directors in Kurnool and Mahaboobnagar districts for constructing houses in the flood-affected districts.
APREDA will participate in construction of 253 houses in Peddakothiliki village of Nandarvarm mandal in Kurnool district under the relocation scheme and 440 houses in Rajole village Mahaboobnagar district under the in-situ repair and rebuilding scheme.
The state housing corporation will take up the construction of the houses and APREDA will partly finance and oversee the timely delivery and quality of construction, said APREDA vice president R Chalapathi Rao in a press release.

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