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Central Govt. Approves Construction of More Than 1 Lakh Houses in AP & 4 States Under PMAY-U

Posted by luckypropertywala_sxyoj4 on December 28, 2021
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The Central Government of India recently approved the construction of more than 1 lakh houses for providing affordable housing to the poor under the provisions of Pradhan Mantri Awas Yojana-Urban (PMAY-U) in 5 states of Andhra Pradesh, Madhya Pradesh, Puducherry, Uttarakhand & Maharashtra. The total investment for the construction of these houses is expected to be around ₹7.5 lakh crores and the central government will provide an assistance of ₹1.85 lakh crores of which ₹1.1 lakh crores of fund has already been released.

The approval for construction of more than 1 lakh houses under the PMAY-U scheme was taken during the 57th meeting of the Central Sanctioning and Monitoring Committee (CSMC). The meeting of the CSMC was chaired by the Secretary, Ministry of Housing & Urban Affairs (MoHUA) – Durga Shanker Mishra and the meeting took place in New Delhi. As it stands after the approval of construction of these 1 lakh+ houses in the 5 states mentioned above, the total number of houses sanctioned under the PMAY-U scheme has crossed the ₹1.1 crore mark.

Around 90 lakh houses sanctioned under PMAY-U are ready for construction while more than 50 lakh houses have already been completed and handed over to beneficiaries. The Secretary of MoHUA, Mr. Mishra asked the representative officials of all states/UTs to execute faster construction of the sanctioned houses and asked the states/UTs to focus on grounding and completion of the grounded houses, the saturation of demand has to be declared by representatives after completion of the sanctioned houses.

The central government of India is pushing for faster expedition of the construction of sanctioned houses under the PMAY-U scheme so that the beneficiaries receive their promised houses and can progress towards living better lives. The PMAY-U scheme has sanctioned construction of houses in all states and Union Territories of India. The Andhra Pradesh government is also implementing its own affordable housing schemes for the economically weaker sections of the society, which combined with the houses being built under PMAY-U scheme will mean less number of the economically weaker sections of society will spend nights without a roof over their heads.

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