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Namma Mane housing programme - Karnataka Government launch Namma Mane

Aimed at solving housing problem of middle class people in city and small towns, Karnataka Government today announced a new programme "namma mane" (our house) for providing affordable houses to them.

A sum of Rs 920 crore will be allocated for providing housing facility in rural and urban areas during 2010-11, Chief Minister B S Yeddyurappa said in his budget proposals.

During 2010-11, the government will build 50,000 houses for houseless families in urban areas under the Vajpayee Housing Scheme with each unit costing Rs 1.25 lakh, he said.

It has been decided to formulate a modified rural housing scheme by increasing the unit cost from Rs 40,000 to Rs 60,000 and the beneficiaries' contribution of Rs 10,000 will be facilitated by arranging concessional loans from banks, he said.(News published under the licence from Indo Asian News Service)

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