Hyderabad, Jan. 29 -- The Andhra Pradesh cabinet on Wednesday approved the plan to construct 261,000 houses under Pradhan Mantri Awas Yojana (Urban) across the state by June 2026.

Speaking to reporters after the meeting, state information and public relations minister Kolusu Parthasarathy said it was decided to provide a government guarantee for Andhra Pradesh Township and Infrastructure Development Corporation (APTIDCO) to secure a Rs.4,451 crore term loan from HUDCO.

"The loan will be utilised for construction of housing units and infrastructure under PMAY (Urban). The government aims to complete and hand over 261,000 houses across the state by June 2026," the minister said.

Parthasarathy said nearly 100,000 applications were receive...