Government sanctions 1 lakh more houses worth Rs 4,200 crores under PMAY

[] In a move to further its ‘Housing for All’ agenda, the central government has approved an additional one lakh houses under the Pradhan Mantri Awas Yojana (Urban) scheme, taking the total number of houses approved under the scheme to over 18.75 lakh houses

The centre, on April 26, 2017, sanctioned the construction of over one lakh more houses for the urban poor, with an investment of Rs 4,200 crores, under the Pradhan Mantri Awas Yojana (Urban). With the latest sanctions, the Housing and Urban Poverty Alleviation (HUPA) Ministry has approved the construction of over 18.75 lakh houses, for the economically weaker sections (EWS) in 2,151 cities and towns across the country, since the launch of the scheme in June 2015, an official release said.

You are reading: Government sanctions 1 lakh more houses worth Rs 4,200 crores under PMAY

[] Centre approves 1.10 lakh more houses in 6 states under PMAY

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In the latest round of sanctions, BJP-ruled Madhya Pradesh got the highest number of 57,131 houses, followed by Tamil Nadu, where 24,576 affordable houses got the centre’s nod. Madhya Pradesh tops the overall list of states in getting approvals, with over 2.66 lakh houses sanctioned under the PMAY (Urban), with a total investment of Rs 18,283 crores. Tamil Nadu is second, with over 2.52 lakh houses with a total project cost of Rs 9,112 crores. Under the scheme, central assistance is provided to each beneficiary, in the range of Rs 1 lakh to Rs 2.35 lakhs.

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Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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