Velampeta slum to get a facelift

The Velampeta slum in Visakhapatnam is all set to get a facelift, as the Andhra Pradesh Cabinet approved the project at its Cabinet meeting held on Thursday. As many as 177 weaker-section families in the slum will benefit from the project. Under the project, three G+12 high-rise apartments will be built in design-build-finance-transfer mode in a period of 24 months, and the slum-dwellers will be shifted to new flats. Transfer of Development Rights will be provided in a 1:4 ratio.

There will be exemptions from specific municipal and development authority fees, and relaxations will be provided under the Andhra Pradesh Building Rules, 2017. The project has been designed in such a way that it carries a zero financial burden on state funds or the Greater Visakhapatnam Municipal Corporation (GVMC).

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This article is written by Senior Journalist Lakkoju Nagesh Babu