APTIDCO Housing Scheme:- The Government of Andhra Pradesh has introduced the TIDCO Houses assignment scheme, which aims to distribute AP TIDCO Houses to eligible beneficiaries based on their monthly income. The objective of this housing project is to construct over 28 lakh homes by the end of 2023, with a total expenditure of Rs. 1,08,553 crore. Below, you can find detailed information about the APTIDCO Housing Scheme, including its highlights, features and benefits, eligibility criteria, required documents, steps to apply, how to check the beneficiaries list and more.
APTIDCO Housing Scheme Details in Highlights
| Name | APTIDCO Housing Scheme |
| Initiated By | Government of Andhra Pradesh |
| State | Andhra Pradesh |
| Release date | – |
| Official Website | https://www.aptidco.com/ |
APTIDCO Housing Scheme 2023
Andhra Pradesh Township and Infrastructure Development Corporation (APTIDCO), the State-level nodal organization, has set a target to construct and distribute over 28 lakh homes to selected beneficiaries by 2023. The APTIDCO housing program will be executed in multiple stages. Currently, out of the approximately five lakh units being developed by TIDCO, around 2.6 lakh units have been completed. However, due to various legal challenges related to property acquisition, construction of the remaining homes has been delayed.
The housing plan offers three different sizes of flats: 300 square feet, 365 square feet, and 430 square feet. Among the beneficiaries, approximately 1.43 lakh individuals would receive 300 square foot apartments, over 44,000 would receive 365 square foot houses, and more than 74,000 would receive units measuring 430 square feet. For a 365 square foot apartment, beneficiaries are required to make a down payment of Rs 50,000, while a down payment of Rs 1 lakh is necessary for a 430 square foot housing unit. Alternatively, beneficiaries also have the option to avail a home loan.
Features & Benefits of APTIDCO Housing Scheme
Some of the key features and benefits of the APTIDCO Housing Scheme are as follows:
- As it has been introduced, AP TIDCO offers benefits for affordable housing, particularly in the EWS and LIC parts.
- The programmes provide applicants with tailored home loan alternatives based on their financial preferences.
- An easy and hassle-free application process is offered by AP TIDCO Housing.
- To apply for their desired housing scheme, candidates only need to visit the AP TIDCO web portal and complete the application form.
- Applicants who meet the fundamental eligibility conditions, such as being a permanent resident of the state and meeting the monthly income-scale requirements, may apply for AP TIDCO Houses.
- There are little documentation requirements for the AP TIDCO Housing Scheme.
- Along with the AP TIDCO Housing Scheme application form, applicants must present proof of their identity, address, and income.
- The AP TIDCO Housing Schemes assist applicants in obtaining hassle-free house loans as well as credit-linked subsidies from a few carefully chosen lenders. Their house loan amount is decreased as a result, which lowers their monthly payments.
Eligibility Criteria for APTIDCO Housing Scheme
The applicants applying for APTIDCO Housing Scheme must fulfill the following eligibility criteria:
- For a Housing Scheme under AP TIDCO, only permanent Andhra Pradesh residents are eligible to apply.
- The monthly income of applicants who fall under the LIC (Low-Income Category) must be between Rs.25,000 and Rs.50,000.
- EWS (Economically Weaker Section) applicants must make up to Rs. 25,000 per month in income.
Required Documents for APTIDCO Housing Scheme
Some of the important documents required for the APTIDCO Housing Scheme are as follows:
- Aadhar Card
- PAN Card
- Voter ID Card
- Permanent Residence Proof
- Income Certificate/Salary Slips/Salary Certificate
- Bank Passbook with details like bank account number, branch name and IFSC Code
Steps to Apply for a APTIDCO Housing Scheme 2023
To apply for APTIDCO Housing Scheme, the user needs to follow the below given steps:
- First of all, go to the official website of AP TIDCO i.e., https://www.aptidco.com/
- The homepage of the website will open on the screen
- Click on the Portal Login button
- The login page will open on the screen
- Now, enter your username and password
- After that, click on the login button to get logged in to your registered account
- Once you are successfully logged in, the dashboard of your account will open on the screen
- Now, click on the Apply Here button
- The application form will open on the screen
- Fill in the form with all the required details like your name, Aadhaar card number, gender, date of birth, and bank account details
- Now, upload all the required the documents along with a passport-sized photograph and your digital signatures
- After that, pay the desired booking amount using your preferred payment method
- Click on the Submit button to submit your application
Steps to Check APTIDCO Housing Scheme Beneficiaries List
To check the APTIDCO Housing Scheme Beneficiaries List, the user needs to follow the below given steps:
- First of all, go to the official website of AP TIDCO i.e., https://www.aptidco.com/
- The homepage of the website will open on the screen
- Click on the AP TIDCO Houses Beneficiaries List
- A new page with the district-wise Beneficiaries List will open on the screen
- Finally, download the Beneficiaries List based on your location
Hello Friends, I am from India. After earning my Graduate degree in Computer Application, I decided to pursue my passion for Web Designing and Content Writing. My ultimate goal is to become one of the best in my field and continue to deliver high-quality content. Further, I aim to deliver the latest information regarding recruitment to job seekers, the latest news with accuracy, which shall benefit them in every way possible.