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firstBHK.com > News > PMAY (Urban) – Centre sanctions construction for 10.28 lakh houses

PMAY (Urban) – Centre sanctions construction for 10.28 lakh houses

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The ministry of Union Housing and Urban Affairs approved the construction of another 10.28 lakh houses keeping in mind with the total number of houses increased to 1.06 crore under the PMAY – Pradhan Mantri Awas Yojana (Urban) scheme.

PMAY (Urban) - Centre sanctions construction for 10.28 lakh houses
PMAY (Urban) – Centre sanctions construction for 10.28 lakh houses

The meeting of Central Sanctioning and Monitoring Committee (CSMC) was held under PMAY (Urban) which was the first meeting during the Covid-19 pandemic, where this decision was made in the presence of 19 states and Union Territories.

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Durga Shanker Mishra the HUA Secretary instructed the states, by the end of this year their objective for work should strengthen more to achieve with the target of constructing 60 lakh houses while 80 lakh houses to begin construction.

In present, construction for 67 lakh houses have been began and more than 35 lakh have been completed and inhabited.

Additionally, in the meeting it was stated that 1,589 proposals from participating states were permitted for the construction of around 10.28 lakh houses whereas these houses are proposed to be raised across the construction which led to profit and affordable housing in partnership verticals under PMAY(U).

Due to various issues such as land, topographical hazards, inter-city migration, change of preferences of verticals and loss of lives among others, to be also looked as the issue with revision of proposal by the states.

The total investment under the PMAY (Urban) is Rs 6.31 lakh crore with central assistance of Rs 1.67 lakh crore of which Rs 72,646 crore has been released, said the ministry.

Source: PTI

Read Also :

  • Housing Department of Rajasthan proposed 7 flats construction on 750 sqm plots
  • Hubballi-Dharwad’s illegal layouts report to be submitted to HDUDA
  • Property Registration overall rising up in Tamil Nadu

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. firstBHK.com does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
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NEWS

PMAY (Urban) – Centre sanctions construction for 10.28 lakh houses

Housing Department of Rajasthan proposed 7 flats construction on 750 sqm plots

Hubballi-Dharwad’s illegal layouts report to be submitted to HDUDA

Agreements to be signed by the Centre under ARHC scheme with states

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