Bookings pick up at Dharmavaram
The Hindu
Some feel that the prices are on the higher side
The Jagananna Smart Township coming up near Dharmavaram looks like a smart move by the State government to provide affordable, fully developed housing plots to the middle-class population of Anantapur at a strategically convenient location. The layout is 3 km from the Dharmavaram town and 6 km to Marur Toll Plaza on National Highway No.44 connecting Bengaluru with Hyderabad.
The State government proposes to sell 55 acres divided into 1,272 plots of four sizes after development and pocket ₹159.5 crore. The estimated development cost of the entire layout is ₹106 crore, says Anantapur Hindupur Urban Development Authority Chairman Mahalakshmi Srinivas. Tenders for developing the layout have been floated with an estimated cost of ₹60 crore and an additional ₹6 crore has been budgeted for other administrative expenses.
On January 18, there will be reverse tendering for the development of plots and AHUDA expects to strike a good deal, which will significantly reduce its expenditure.
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