Centre approves construction of 1.5lakh houses for urban poor

By Realty Quarter Bureau

The Centre has approved the construction of 1.5 lakh houses for the urban poor under the Pradhan Mantri Awas Yojana (Urban), taking to 47.52 lakhs the tally of houses under the programme so far, the Housing and Urban Affairs (HUA) Ministry said. The latest approval entails an investment of Rs 7,227crores with central assistance of Rs 2,209crores, the ministry said in a release.

The approval was given in the 34th meeting of the Central Sanctioning and Monitoring Committee at its meeting held recently. Andhra Pradesh was sanctioned 56,512 houses, while Uttar Pradesh got 23,060, Madhya Pradesh 17,920, Jharkhand 14,526 and Maharashtra 13,506 houses. Other states for which houses were approved included Chhattisgarh, Rajasthan, Odisha, Punjab and Assam. With the latest approval for construction of affordable houses, the cumulative figure under PMAY(U) has reached 47.52 lakh houses, the release said.

Under the PMAY (U), the HUA Ministry targets construction of 1.2 crore houses for the urban poor by 2022.