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Cumulative Number Of Houses Sanctioned Under PMAY(U) Surpasses 93 Lakhs

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Ministry of Housing & Urban Affairs noted in a latest statement that the cumulative number of Houses Sanctioned under Pradhan Mantri Awas Yojana- Urban PMAY(U) are now more than 93 lakhs. The 48th Meeting of the Central Sanctioning and Monitoring Committee (CSMC) under PMAY(U) has approved 371 proposals from participating states/UT for the construction of 2,31,532 houses with an overall investment of Rs 7,322 Cr involving central assistance of Rs 3,473 Cr. Cumulative number of houses sanctioned so far is more than 93 lakhs.

Total Seven states/UT participated in the CSMC namely Andhra Pradesh, Assam, Bihar, Madhya Pradesh, Nagaland, Puducherry and Uttar Pradesh. The Number of houses approved for the seven states/UT are Andhra Pradesh-1,24,624 houses, Assam-16,002 houses,Bihar-15,049 houses, Madhya Pradesh-18,362 houses,Nagaland-3,238 houses, Puduchery-1,811 houses and Uttar Pradesh-52,446 houses. The States of Andhra Pradesh and Uttar Pradesh have achieved nearly 100% of their urban housing demand of 13.78 Lakh and 15 Lakh houses respectively.

As on date, PMAY(U) Mission has achieved milestone of sanctioning more than 93 Lakh houses under PMAY(U) against the validated demand of 1.12 crore houses. A total of 55 Lakh houses are grounded for construction of which construction of more than 28 Lakh houses is complete. Durga Shanker Mishra, Secretary,MoHUA said that the investment in sanctioned houses is Rs. 5.56 lakh crore which includes Rs. 2.82 lakh Cr as Public Sector investment while Rs. 2.74 lakh Cr from the Private Sector. Out of Rs 1.46 Lakh Cr Central assistance approved, a total of Rs. 57,896 Cr has been released to the States/UTs so far.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 01 2019. 16:52 IST
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