Business
Public servants to occupy 400 housing units at Jaltara
By Don Asoka Wijewardena

In a bid to solve the existing housing problems among public servants,the National Housing Development Authority (NHDA)has constructed 400 housing units in three categories in Jaltara Homagama.President Mahinda Rajapaksa is expected to inaugurate the housing scheme in April,2006.

Project Director Public Servants Housing Project Jayantha Domingo told The Island Financial Review that Korean government had granted Rs.700 million loan to NHDA on 2 per cent interest to embark on this housing project and the loan could be paid in 20 years with a grace period of 10 years.

Referring to the three categories of the housing units,Domingo explained that 400 units would consist of 3 and 4 storeyed condominiums in ABC models and added that category A would consist of 1000 sq.ft with 3 bedrooms and required facilities while the category B would consist of 750 sq.ft with 2 bedrooms. He said that the category A and B were for public servants in executive positions as the category C housing units comprising 550 sq.ft in economical models were for ordinary public servants.

Referring to the selection process of public servants,Domingo said that the selection process had been completed and NHDA was about to hand over the keys to occupants shortly.He also said that NHDA had constructed 48 housing units for category A,134 units for category B and 208 housing units for category C.

When asked about the payment procedure,Domingo said that each public servant selected to purchase housing units would have to pay 25 per cent down payment and the balance could be paid in monthly instalments in 20 years.

Domingo noted that the Selection Board had been formed by the Ministry of Public Administration,Government Treasury and the Ministry of Housing.According NHDA sources,public servants who were without own lands and houses had been given priority to purchase housing units at Jaltara.

 

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