Hyderabad: The Central Reserve Police Force has come to to the rescue of the Rajiv Swagruha Housing Corporation, which had not been able to sell a single unit of the 2,856 flats at its Swabhimaan project in Jawaharnagar. The CRPF has come forward to buy the whole lot to set up family quarters.
However, the paramilitary institution has said that the government has to resolve the issue of the stench emanating from the Jawaharnagar dumpyard.
The Swagruha project came up on a 50-acre land with 2,856 housing units spread across 10 acre in 14 floors. Though over 70 per cent construction has been completed and some have been fully constructed, not a single unit has been sold so far.
“The CRPF authorities wanted to come up with a housing society here and examined the place. The price being offered to them is Rs 600 crore if they take it at ‘as is where is condition’. If they want the project completion, the cost would go up to Rs 695 crore,” said Ch. Ravi Shankar, finance officer, Rajiv Swagruha Housing Corporation.
“The public was mainly disinterested in buying flats was because of the stink,” said an official, adding, “The CRPF wants the state to resolve the stench problem at the earliest.”
