51 lakh houses sanctioned in 3 years under PMAY (Urban)

3

New Delhi: More than 51 lakh dwelling units have been sanctioned against the validated demand of 1 crore in last three years under Pradhan Mantri Awas Yojana (Urban), said the Housing and Urban Affairs Ministry on Sunday.

In a statement, the ministry said this is a huge jump in comparison to erstwhile housing scheme wherein only 12.4 Lakh houses were approved in around nine years of its implementation.

“Out of over 51 lakh sanctioned houses, over 28 lakh have already been grounded and are in various stages of construction. Further, over 8 lakh houses have already been completed and nearly 8 lakh houses have been occupied by the beneficiaries,” the statement said.

It stated that the Global Housing construction technology challenge has been proposed to use the opportunity of large-scale construction under PMAY-U to attract the best available global construction technologies which could ensure delivery of houses at a minimum cost, in minimum time while ensuring the maximum number of houses in a given area.

“This will help in technology transfer to our country so that ultimately these globally best available construction technologies and designs get adopted in the country benefiting the construction industry at large,” the statement added.

In terms of coverage, the PMAY(Urban) is a paradigm shift in the history of housing schemes being implemented in the past. The Government of India is committed to providing “Housing for All” by the end of the Mission period-2022. A National Urban Housing Fund for Rs. 60,000 crores have been set up for raising Extra Budgetary Resources (EBR) in phases, for the rapid implementation of PMAY(U). Keeping the ethos of cooperative federalism, the States/UTs are implementing the scheme with considerable zeal and initiatives.

Leave A Reply

Your email address will not be published.