He said that about 18,000 houses will be constructed in the colony to provide shelter to about one lakh people.
He said that the government itself is taking up the construction of nearly 9508 housing units in the colony following the requests of the beneficiaries.
Minister Raju along with home minister Mekathoti Sucharitha inspected the colony on Wednesday.
Speaking to the media after the review of the project, Sri Ranganatha Raju said that the government would spend close to Rs.171 crore to complete the first-phase housing in Perecherla.
He said that they have already dug about 55 borewells with a cost of Rs.5.41 crore to provide water for construction and subsequent needs. He said that Rs.1.5 crore was spared for providing power lines and connections to the households in the colony.
“We have completed the geo-tagging of 9314 beneficiaries and registration of plots to about 9196 beneficiaries. We will complete all the targeted houses by March, 2022,” said Raju.