News

Under PMAY-Urban, over 52 lakh houses were delivered and 83.36 lakh are set for construction

Minister of State Housing and Urban Affairs, Kaushal Kishore in a written reply to a question said that all sanctioned projects/houses should be complete with a stipulated timeline by all states and Union Territories

On Monday the government told Rajya Sabha that Under the Pradhan Mantri Awas Yojana approximately 52.55 lakh houses have been finalized and delivered and presently 83.36 lakh houses are grounded for construction.

Minister of State Housing and Urban Affairs, Kaushal Kishore in a written reply to a question said that all ratified projects/houses should be completed with a specified timeline by all states and Union Territories.

Under the PMAY-U in Uttar Pradesh around 9.71 lakh houses have been finalized and delivered to beneficiaries, according to the ministry.

On the other hand, Gujarat with 6.22 lakh, Maharashtra with 5.26 lakh, and Andhra Pradesh with 4.77 lakh houses.

Participating States/Union Territories (UTs) under PMAY-I analyzed a demand of 11.24 lakh houses in urban areas in a survey undertaken by them.

The minister said in his written reply that against this total requirement, 114.06 lakh houses have been sanctioned so far. Of the sanctioned houses, 89.36 lakh houses have been brought down for construction.

3,131 Smart city projects worth Rs 53,175 crore have been completed, said Kishore while replying to another question.

On June 25, 2015, the Centre had introduced the Smart Cities Mission (SCM) for the advancement of 100 cities as Smart Cities.

He said “The cities were selected through four rounds of competition from January 2016 to June 2018. As of November 12, 2021, these Smart Cities have tendered out 6,452 projects worth Rs 1,84,998 crore; out of which work orders have been issued in 5,809 projects worth Rs 1,56,571 crore and 3,131 of those projects worth Rs 53,175 crore have been completed.”

Muskan Aggarwal

Share
Published by
Muskan Aggarwal

Recent Posts

Maha RERA directs Godrej Properties to refund the booking amount for a project initiated before RERA regulations.

The regulator determined that the project was ongoing when the real estate law came into…

1 week ago

The Importance of Due Diligence Before Purchasing Property

Due Diligence Before Purchasing Property, Due diligence is an essential step in any real estate…

2 weeks ago

Embassy Real Estate Investment Trust (REIT) has appointed Ritwik Bhattacharjee as the interim CEO.

This follows a SEBI order on November 4 directing Embassy REIT to suspend Aravind Maiya…

2 weeks ago

Macrotech acquires Bain Capital’s stake in three digital infrastructure entities for ₹307 crore.

Previously, Macrotech also acquired real estate firm Ivanhoe Cambridge's stake in the three entities, aligning…

2 weeks ago

Benefits of LEED-Certified Buildings for Investors and Tenants

LEED (Leadership in Energy and Environmental Design) certification has become a prestigious standard in the…

2 weeks ago

QIP issuances by real estate developers reached ₹12,801 crore from January to September 2024, marking the second-highest amount after the renewable energy sector

From January to September 2024, QIP issuances across all sectors totaled ₹75,923 crore, with real…

3 weeks ago

This website uses cookies.