SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%

Canara Bank: RLLR: 8 | 7.15% - 10%

ICICI Bank: RLLR: -- | 8.5% - 9.65%

Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%

Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%

Federal Bank: RLLR: -- | 8.75% - 10%

IndusInd Bank: RLLR: -- | 7.5% - 9.75%

Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%

Yes Bank: RLLR: -- | 7.4% - 10.54%

Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Vizianagaram

Over 6,900 PMAY homes remain incomplete in Vizianagaram district

03 Jun 2025

Vizianagaram district, Andhra Pradesh, faces delays in completing nearly 6,924 of 11,000 Pradhan Mantri Awas Yojana (PMAY) homes. Despite additional government funding, many beneficiaries have not begun construction. Authorities suspect some recipients already own homes and have ordered verification visits to cancel ineligible allotments. At a recent review meeting, District Collector Dr. B.R. Ambedkar highlighted slow progress, especially in Bobbili and Vizianagaram urban areas, citing issues like water shortages and borewell theft. Officials were directed to operationalise borewells within two days and launch door-to-door awareness campaigns on available financial support. Daily construction targets and weekly progress reviews have also been mandated. Additionally, 4,096 new housing applications and 2,500 manual applications will undergo eligibility verification. The district aims to ensure timely completion of PMAY homes and deliver affordable housing to all eligible beneficiaries through focused verification and improved infrastructure.Read more

#Builders & Projects#Residential#Vizianagaram