APTIDCO Housing Scheme:- The Andhra Pradesh State Government has initiated the APTIDCO Houses allocation program, designed to provide housing to eligible individuals based on their monthly income. The objective of this housing initiative is to finalize the construction of over 2.8 million homes by the conclusion of 2023, with a total expenditure of Rs. 1,08,553 crore. For a comprehensive overview of the AP TIDCO Housing Scheme, including highlights, features, benefits, eligibility criteria, necessary documents, application procedures, beneficiary verification, and more, please continue reading below.
APTIDCO Housing Scheme 2024
By the year 2024, Andhra Pradesh Township and Infrastructure Development Corporation (AP TIDCO), the State-level nodal organization, has ambitious plans to construct and distribute over 2.8 million homes to selected recipients. The implementation of the APTIDCO housing program will occur in phases. Currently, out of the approximately five lakh units that TIDCO is in the process of developing, nearly 2.6 lakh have been completed. However, the construction of the remaining dwelling units has been delayed due to various legal challenges related to property acquisition.
The housing plan offers three different flat sizes: 300 square feet, 365 square feet, and 430 square feet. Approximately 1.43 lakh beneficiaries will receive 300 square-foot apartments, while over 44,000 will be allocated 365-square-foot homes, and more than 74,000 individuals will receive units with a size of 430 square feet. Beneficiaries are required to make a down payment of Rs 50,000 for a 365 sq ft apartment, and Rs 1 lakh for a 430 sq ft housing unit. Additionally, the option of securing a home loan is available.
AP TIDCO 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/ |
Features & Benefits of APTIDCO Housing Scheme
Here are some of the key features and benefits of the AP TIDCO Housing Scheme:
- Affordable Housing Focus: APTIDCO aims to provide affordable housing solutions, particularly targeting Economically Weaker Sections (EWS) and Lower Income Categories (LIC).
- Tailored Home Loan Options: The program offers applicants customized home loan options based on their financial preferences and capabilities.
- Simple Application Process: AP TIDCO Housing provides an easy and straightforward application process, ensuring a hassle-free experience for applicants.
- Online Application: Candidates can apply for their desired housing scheme by visiting the APTIDCO website and completing the application form online.
- Inclusive Eligibility: Eligible applicants, who are permanent residents of the state and meet the specified monthly income criteria, can apply for AP TIDCO Houses.
- Minimal Documentation: The AP TIDCO Housing Scheme requires minimal documentation, streamlining the application process.
- Required Documentation: Applicants are typically asked to provide proof of identity, address, and income along with their application form.
- Credit-Linked Subsidies: APTIDCO Housing Schemes assist applicants in obtaining hassle-free house loans, often with credit-linked subsidies from select lenders. This reduction in the loan amount leads to lower monthly payments for beneficiaries.
Eligibility Criteria for AP TIDCO Housing Scheme
Applicants seeking eligibility for the APTIDCO Housing Scheme must meet the following criteria:
- Residency Requirement: Only individuals who are permanent residents of Andhra Pradesh are eligible to apply for housing schemes under AP TIDCO.
- Income Criteria for LIC (Low-Income Category): Applicants falling within the Low-Income Category (LIC) must have a monthly income between Rs. 25,000 and Rs. 50,000.
- Income Criteria for EWS (Economically Weaker Section): Economically Weaker Section (EWS) applicants must have a monthly income of up to Rs. 25,000 to be eligible for the scheme.
Required Documents for APTIDCO Housing Scheme
Here are some essential documents needed for the AP TIDCO Housing Scheme:
- Aadhar Card
- PAN Card
- Voter ID Card
- Proof of Permanent Residence
- Income Certificate/Salary Slips/Salary Certificate
- Bank Passbook with information such as bank account number, branch name, and IFSC Code.
Steps to Apply for an APTIDCO Housing Scheme 2024
To apply for the APTIDCO Housing Scheme, users should follow these steps:
- Begin by visiting the official website AP TIDCO which is https://www.aptidco.com/.
- The homepage of the website will appear on the screen.
- Click on the “Portal Login” button.
- The login page will appear on the screen.
- Enter your username and password.
- Click the “Login” button to access your registered account.
- Upon successful login, your account dashboard will be displayed on the screen.
- Click on the “Apply Here” button.
- The application form will open on the screen.
- Complete the form with the required details, including your name, Aadhaar card number, gender, date of birth, and bank account information.
- Upload all the necessary documents, including a passport-sized photograph and your digital signatures.
- Proceed to make the required booking payment using your chosen payment method.
- Click the “Submit” button to submit your application.
Steps to Check APTIDCO Housing Scheme Beneficiaries List
To check the APTIDCO Housing Scheme Beneficiaries List, please follow these steps:
- Start by visiting the official website of AP TIDCO at https://www.aptidco.com/.
- The website’s homepage will appear on your screen.
- Click on the “AP TIDCO Houses Beneficiaries List” option.
- A new page displaying the Beneficiaries List organized by district will open.
- Finally, download the Beneficiaries List that corresponds to your location.
People also ask: AP TIDCO
Who is eligible for Aptidco?
- Applicants belonging to the EWS (Economically Weaker Section) must have an income of up to Rs. 25,000 per month.
Who are eligible for AP Housing Scheme?
- EWS households are defined as households having an Annual Income up to Rs. 3,00,000
How many square feet is a tidco house?
- which come in 365 and 430-square-foot sizes.
How many houses are sanctioned in AP?
- layouts is 16, 474 and the houses sanctioned are 12,42,704