The Hindu·3 min read·medium
Velampeta to serve as blueprint for other slum redevelopment in A.P.
T
The Hindu Bureau
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The Andhra Pradesh government has launched a new slum redevelopment model in Visakhapatnam using a Design, Build, Finance and Transfer (DBFT) approach. The project leverages Transferable Development Rights (TDR) to fund modern housing without direct government expenditure.
In a major push to transforming congested urban settlements, the Andhra Pradesh Government has cleared a new redevelopment model for slums, beginning with the Velampeta slum in Visakhapatnam.
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