Rs16,641 crore investment in affordable housing for urban poor approved this fiscal so far

Total investment in affordable housing approved so far -Rs51,568 crore

Central Government has approved an additional investment of Rs16,641 crore for affordable housing for construction of 2,44,267 houses for urban poor under Pradhan Mantri Away Yojana (Urban) during the first four months of this financial year. The Ministry of Housing & Urban Poverty Alleviation approved these proposals for the benefit of urban poor in 11 States. Central assistance of Rs. 3,634 cr has been approved for construction of these houses under three components of the urban housing missionviz, Affordable Housing In Partnership (1,24,642 houses), Beneficiary Led Construction (1,15,989) and In-Situ Slum Redevelopment (3,636 houses).

 

With these approvals, a total investment of Rs51,568 crore has so far been approved for construction of 9,27,991 houses for Economically Weaker Sections (EWS) in urban areas in 20 States under PMAY (Urban) which was launched in June last year. Central assistance of Rs12,604 crore will be provided for construction of these houses. During the last financial year (2015-16), 6,83,724 houses were approved for the urban poor in 18 States with a total investment of Rs 34,927 crore

Details of the affordable houses approved during this financial year so far are:

S.No

State Affordable
Housing in
Partnership Beneficiary
Led
Construction In-Situ
Redevpt
of Slums Total
Houses
sanctioned Total
Investment
(Rs. Cr) Central
support
(Rs.Cr)1

Mahrasashtra

98,119 7,399 2,356 1,01,701 11,313 1,6072

Tripura

- 42,896 - 42,896 1,164 6433

Odisha

- 23,843 - 23,843 738 3584

Bihar

- 21,474 - 21,474 982 3225

Gujarat

17,838 - - 17,838 1,302 2676

Tamil Nadu

1,328 9,158 - 10,486 384 1587

Kerala

- 9,299 - 9,299 262 1328

Chattisgarh

7,357 - - 7,357 372 1109

Punjab

- - 1,280 1,280 57 1310

Himachal Pradesh

- 837 - 837 41 1211

Jammu &
Kashmir

- 683 - 683 26 11

Central assistance of Rs.1.50 lakh per each dwelling unit is provided for affordable housing under Affordable Housing in Partnership and Beneficiary Led Construction components while up to Rs.1.00 lakh per house is given for In-situ Slum Redevelopment.

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