Saturday, January 22, 2022

Govt approves 708 proposals for construction of 3.61 lakh houses under PMAY-U

The Government has approved 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana – Urban (PMAY-U).

The decision was taken at the 54th Meeting of the Central Sanctioning and Monitoring Committee (CSMC) under PMAY-U held in New Delhi.

The Meeting was attended by 13 States and UTs.

These houses are proposed to be constructed across Beneficiary Led Construction and Affordable Housing in Partnership verticals.

In addition, ‘PMAY- U Awards 2021 – 100 Days Challenge’ was also launched by Secretary, Ministry of Housing and Urban Affairs (MoHUA) Durga Shanker Mishra .

The awards are given to recognize and celebrate the outstanding contribution and performances by States, Union Territories (UTs), Urban Local Bodies (ULBs) and beneficiaries for successful implementation of the Mission and create a healthy competition.

This was the first CSMC meeting during the second wave of COVID-19 pandemic.

Ministry of Housing and Urban Affairs (MoHUA) has laid renewed emphasis to accelerate housing construction and completion across the country within stipulated time under PMAY(U).

With this, as on date, the total number of sanctioned houses under PMAY(U) is now 112.4 lakh and so far.

82.5 lakh have been grounded for construction of which 48.31 lakh have been completed or delivered.

Total investment under the Mission is 7.35 Lakh Crore rupees .

The Central assistance is of 1.81. Lakh Crore rupees, of which 96,067 Crore of funds have been released.

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