Bengaluru: Home Minister Dr. G. Parameshwar lauded the Karnataka State Police Housing and Infrastructure Development Corporation Limited (KSPH & IDCL) for its remarkable performance since 2000, when it was slated for closure. He pointed out that this company has grown from mere Rs 6-crore turnover in 2000-01 to Rs 415 crore during 2014-15. “This agency will give a tough competition for Public Works Department and is also contemplating to take up works of other government departments,” he added.
Addressing the media after conducting an inspection of KSPH&IDCL on Tuesday, Parameshwar said it has until now built over 25,000 residential and non-residential buildings and would expand its area of operations. KSPH&IDCL’s new corporate office would soon come up on M.G. Road, he added.
This fiscal year the agency has made a turnover of Rs 275 crore, with a projected cost of Rs 450 crore and a net profit of Rs 22 crore so far this year. We are contemplating to take up construction work for the other government agencies in near future. “For this some amendments are required, which will be done after holding discussions with the Chief Minister and the other officials concerned,” the minister said.
Out of 11,000 proposed residential houses, the government has already constructed over 5,000 in first phase, while the rest would be constructed soon. Those police quarters that are in bad shape will be demolished and new ones will be constructed on the land, he added. The agency is also planning to construct a guesthouse for police personnel visiting the city on official duty.
A multi-specialty hospital with modern medical amenities in lines with the command hospital will be soon coming up in the city exclusively for the treatment of police personnel. The agency would soon take up the construction of the super-specialty hospital that will provide specialized treatment for the police personnel, who are susceptible to injuries in the line of duty. The officials concerned are on the lookout for the land for the project and the work would soon be commenced once the land is identified, the minister said.
