Pmay

Centre approves building 141,000 houses under PMAY-U 2.0 in 14 states

Scheme will provide 'dignified housing' to eligible urban beneficiaries and improve living standards

Top 8 cities grapple with severe undersupply of affordable houses: Report

Demand for affordable housing projected to reach 30 mn units by 2030

Affordable housing launches to remain muted despite rate cuts, tax benefits

While demand for sub ₹50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors

Construction of 250 houses out of 254 under PMAY ready in Goa: Official

The Goa government has completed the construction of 250 houses out of the target of 254 for eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), an official said on Thursday. The project, aimed at providing affordable housing, has been implemented at a total cost of Rs 3.4 crore, the official said. Under the project, there was a target of constructing 254 houses for eligible beneficiaries in the state, said P K Shirodkar, nodal officer in-charge of the scheme and director of the District Rural Development Agency. "We have constructed 250 houses till date by meticulously following all the procedures under this scheme. The remaining four houses will be completed within the next two to three months," Shirodkar said. The Goa government led by Chief Minister Pramod Sawant has spent Rs 3.4 crore for the project till date, he said. The Pradhan Mantri Awas Yojana is a flagship scheme of the Centre under the leadership of Prime Minister Narendra Modi and the government is

PMAY-Urban completion deadline extended till Dec 31: Here's how to apply

The extension gives more time to states to complete pending affordable housing projects under the 'Housing for All' mission

Maha govt to give additional Rs 50k subsidy for rural homes under PMAY

The Maharashtra government will give an additional subsidy of Rs 50,000 for homes in rural areas under the Pradhan Mantri Awas Yojana, which will take the total funding to Rs 2.1 lakh per household, state minister Jayakumar Gore said on Sunday. The state rural development minister said Chief Minister Devendra Fadnavis has approved decision and provision for the subsidy has been made in the budget for 2025-26. Speaking in Dharashiv, he said, "The state government has decided to provide Rs 50,000 as an additional subsidy for the beneficiaries of PM awas yojana. With this, total financial support for a beneficiary would reach up to Rs 2.1 lakh. The state government will bear the cost of this additional subsidy." Gore also highlighted the government's commitment to complete 20 lakh housing units within a year, asserting that many individuals will soon see their dream to own homes realised. "The first tranche for 10 lakh housing units was distributed yesterday in the presence of Union .

No PMAY houses for Telangana if Cong names scheme 'Indiramma': Bandi Sanjay

Union Minister Bandi Sanjay Kumar said on Saturday that no houses would be sanctioned by the Centre if the Congress government in Telangana undertook housing for the poor in the name of 'Indiramma'. He said that if the photo of PM Narendra Modi is not included on PDS ration cards and housing scheme documents, a plan would be devised for the central government to directly provide housing and ration cards to the poor. Speaking at an event in Karimnagar, where Corporation Mayor Sunil Rao and others joined the BJP, the Union MoS (Home) said the Modi government is ready to sanction houses to Telangana under the PM Awas Yojana in the upcoming allotment. However, if the Congress government tries to engage in 'gambling' under the name of the 'Indiramma' scheme (named after former PM Indira Gandhi), the Centre will not sanction even a single house, said Sanjay Kumar. He said that photos of CM A Revanth Reddy and Indira Gandhi are displayed on the ration cards, even though PDS rice and other

Every poor person in India will have a permanent house: MP CM Mohan Yadav

Madhya Pradesh Chief Minister Mohan Yadav on Wednesday said that as part of Prime Minister Narendra Modi's vision for housing for all, four crore poor people have been provided permanent houses in the country so far. Referring to an old survey in Madhya Pradesh, he said that permanent houses are to be provided to 16 lakh beneficiaries and the state has got 8.5 lakh new houses as of now. After this, a survey will be conducted again and the government will ensure that no poor will remain without a permanent house, he asserted. The resolution of providing permanent housing to every poor in Madhya Pradesh will be fulfilled as desired by the prime minister, he said. The chief minister was speaking at an event in Vidisha where he symbolically performed griha pravesh' of the beneficiaries as part of a scheme under the Pradhan Mantri Awas Yojana (PMAY)'. Union Agriculture and Farmer's Welfare and Rural Development Minister and Vidisha MP, Shivraj Singh Chouhan was also present. Besides ..

PMAY 2.0: Can government withdraw your loan subsidy if lapses are found?

Before taking advantage of a credit subsidy, it is important to check with your bank or lending institution regarding the conditions under which the subsidy may be revoked or reclaimed by the governme

FM reviews housing and urban affairs ministry capex with focus on PMAY

Finance Minister Nirmala Sitharaman on Friday reviewed the capex plan of the Ministry of Housing and Urban Affairs and emphasized on the need for timely and efficient utilisation of these funds. A key focus of the discussions during the meeting was the Pradhan Mantri Awas Yojana (Urban) scheme, which plays a crucial role in providing affordable housing. "Union Finance Minister Smt. @nsitharaman underscored the importance of accelerating progress under this scheme to meet the housing needs of urban India," the finance ministry said in a post on X. This meeting was part of a series of ongoing reviews with Ministries and Departments that have significant capex allocations in the Union Budget. For the financial year 2024-25, a budgetary allocation of Rs 28,628 crore has been earmarked for capital expenditure. During the meeting, the Finance Minister emphasized the need for timely and efficient utilisation of these funds, the ministry said. Sitharaman also impressed upon the officials

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Union Budget boosts PMAY; 30 mn new affordable homes planned under scheme

Rs 10 trn committed in the next five years to address housing in urban and rural areas

Minorities comprise 15% of PMAY beneficiaries in urban areas: Govt

According to the minister, 173,350 houses have been sanctioned to Christians, followed by Sikh - 49,670 houses, Buddhist - 19,707, Jainism - 10,457, and Zoroastrianism - 1,127

Big ideas for Budget D-Day

Jobs, skills and innovation should be the focal point

Union Budget 2024: No likely cut in fuel prices, PMAY allotment may rise

The Union Budget 2024 is expected to be announced in the third week of July. Finance Minister Nirmala Sitharaman to hold pre-budget meeting on June 20

Will extension of PMAY revive affordable housing in India? Experts weigh in

This comes when the affordable housing sector has been struggling due to higher demand for bigger, costlier homes in India

Reforms, initiatives helping transform an industry plagued by problems

Government data shows that so far, some 122,000 real estate projects have been registered under Rera, with over 121,000 consumer grievances addressed nationwide

As BJP looks to build on housing schemes, a reality check in Delhi

Housing has been a pressing issue for a significant portion of Delhi's 20 million inhabitants. The issue flared up when the DDA razed nearly 10 slums in first half of 2023, in the run-up to G2 Summit

Centre considering widening housing subsidy scope for urban poor under PMAY

In the proposed expansion of the housing scheme, self-employed individuals, shopkeepers, and small traders are likely to be included

One size fits all doesn't work in affordable housing: Expert at BS IMLC

At the BS IML Conclave 2024, LIC Housing Finance CEO T Adhikari said that one size fits all scheme doesn't work in affordable housing