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5.50 lakh houses to be built by Dec. next year, says top official
Principal Secretary R Karikal Vallavan has said that 5.50 lakh houses would be built in the urban areas by December next year. Of the 5.50 lakh houses, 4 lakh are group housing projects under the Centre's 'Housing for All' programme and the remaining are to be built by the beneficiaries on their own sites. The Union and State governments would release Rs 1.50 lakh each as subsidy and the beneficiary has to contribute Rs1 lakh as his share.
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