Telangana Housing Federation holds general body meeting

Bagh Lingampally: Telangana Housing Federation held its general body meeting at its state office here on Wednesday. The president of the organisation, K Navaneetha Rao attended the meeting as the chief guest. Speaking on the occasion, Navaneetha Rao said that the association has been on growth path.

He said that the meeting has passed a resolution to increase the number of executive committee members and would be sent to the government for approval. The meeting also passed resolutions to implement reservations in the appointments of executive committee members.

He urged the members of the association to cooperate with the organisation in quick recovery of loan dues. He said that meeting has exempted penalty interest imposed on the loans taken prior to 2010. Navaneetha Rao said that the organisation has been providing hassle-free loans up to Rs 10 lakh to poor and middle-class people.

Managing director of Telangana Housing Fed CH Balaraju, directors Kishan Rao, Vasanth Rao Deshpande, Govardhan Reddy, Sitarama Rao, Abbaiah, Purnachander Rao and others participated in the meeting.