HUA approves construction of over 1 lakh more houses for urban

Image
Press Trust of India New Delhi
Last Updated : Nov 30 2017 | 10:15 PM IST
The Housing and Urban Affairs Ministry has approved the construction of 1.12 lakh more affordable houses for urban poor under the Pradhan Mantri Awas Yojana (Urban), an official release said today.
There will be an investment of Rs 8,105 crore for construction of these houses. The Centre will provide an assistance of Rs 1,681 crore for their construction, it said.
The approval was given in the 28th meeting of the Central Sanctioning and Monitoring Committee (CSMC) held here yesterday.
With this, the total number of houses sanctioned so far under the scheme would be over 30.52 lakh, it said.
In the latest approvals, Madhya Pradesh got the highest sanction of 34,680 houses, followed by Haryana 24,221 houses, Maharashtra 11,523 houses, Jharkhand 28,477 houses, Kerala 9836 houses and Mizoram 3,270 houses.
Under PMAY(U), the government targets to provide houses to all urban poor by 2022. Currently, the shortage of houses is pegged at 1.2 crore.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 30 2017 | 10:15 PM IST

Next Story