Kathputli Colony, Kalkaji, and Jailorwala Bagh, are the three locations of the decided 7 locations where in situ construction will take place while Dwarka, Vasant Kunj, Sultan Garhi, and Narela are the other four locations for the housing scheme.
Out of 50,000 units, over 24,000 houses will be launched for people falling under EWS category, i.e., people whose annual income is less than Rs. 3 lakh, which was Rs. 1 lakh per annum earlier.
Further, over 25,000 of DDA flats will be constructed for the people belonging to the LIG category that includes the households with an income between Rs. 3 lakh and Rs. 6 lakh approximately.
As per a source, total cost of this project carries the estimate figure of Rs. 15 lakh per unit at the current rate. However, as the cost of the land is not to be recovered by the buyers, the housing will be subsidised by the government.
The authority, on the other hand, is also trying to ensure that the project is not merely about the houses but the comfort as well. And thus, they are trying to encompass the basic amenities like shops and other civic infrastructures surrounding the colonies where people will be living.
PMAY was previously known as “housing for all” project and was relaunched in June 2015. Under the scheme, around 2 crore houses are to be launched by the end of 2022. The aim is also to provide housing benefits to women, Scheduled Castes and Scheduled Tribes.
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