About 2.5 crore houses sanctioned under PMAY-G!
Real Estate

About 2.5 crore houses sanctioned under PMAY-G!

Two crore 44 lakh houses have been sanctioned to the beneficiaries by various States under Pradhan Mantri Awas Yojana - Gramin (PMAY-G) and one core 90 lakh houses have been completed, the government.

Union Minister of State for Rural Development, Sadhvi Niranjan Jyoti in a written reply in the Rajya Sabha said out of the overall target of two crore 95 lakh houses under the scheme, a target of 2 crore 70 lakh houses has already been allocated to the States and Union Territories.

The Union Minister also informed the House that Under PMAY-G, beneficiaries are provided financial Assistance of one lakh twenty thousand rupees in plain areas and one lakh thirty thousand rupees in hilly States.

Under PMAY-G, the target of “Housing for All” by 2024 has been set at 2.95 crore houses. As part of the scheme, households are also provided water, LPG and electricity connections in convergence with other relevant schemes.

The Ministry has been taking various steps to increase the pace of house sanction and completion as well as achievement of the targets by March 2024. These include, timely allocation of targets to the States/UTs, micro monitoring of house sanction and completion using latest IT tools and technologies, regular review by Minister/ Secretary/ Additional Secretary and Joint Secretary.

It also include focus on completion of those houses where third or second installment of funds has been released, separate review of States with high targets and sub-par performance, timely release of funds as per requirements of States/UTs and continuous follow-up with States/UTs on providing land to landless beneficiaries of PMAY-G.

Two crore 44 lakh houses have been sanctioned to the beneficiaries by various States under Pradhan Mantri Awas Yojana - Gramin (PMAY-G) and one core 90 lakh houses have been completed, the government. Union Minister of State for Rural Development, Sadhvi Niranjan Jyoti in a written reply in the Rajya Sabha said out of the overall target of two crore 95 lakh houses under the scheme, a target of 2 crore 70 lakh houses has already been allocated to the States and Union Territories. The Union Minister also informed the House that Under PMAY-G, beneficiaries are provided financial Assistance of one lakh twenty thousand rupees in plain areas and one lakh thirty thousand rupees in hilly States. Under PMAY-G, the target of “Housing for All” by 2024 has been set at 2.95 crore houses. As part of the scheme, households are also provided water, LPG and electricity connections in convergence with other relevant schemes. The Ministry has been taking various steps to increase the pace of house sanction and completion as well as achievement of the targets by March 2024. These include, timely allocation of targets to the States/UTs, micro monitoring of house sanction and completion using latest IT tools and technologies, regular review by Minister/ Secretary/ Additional Secretary and Joint Secretary. It also include focus on completion of those houses where third or second installment of funds has been released, separate review of States with high targets and sub-par performance, timely release of funds as per requirements of States/UTs and continuous follow-up with States/UTs on providing land to landless beneficiaries of PMAY-G.

Next Story
Building Material

Ambuja Cements Drags JSW Cement to Court Over ‘Kawach’ Brand

Ambuja Cements, part of the Adani Group, has filed a trademark infringement case against JSW Cement in the Delhi High Court, alleging that its rival copied the ‘Kawach’ brand with its new product ‘Jal Kavach’.Justice Manmeet Pritam Singh Arora issued summons to JSW Cement and its subsidiary, JSW IP Holdings Pvt Ltd, while referring the matter to mediation. Hearings are scheduled to resume on October 15 if no settlement is reached.Ambuja, which registered the ‘Kawach’ trademark in 2019, argues that the term ‘Kavach’—meaning shield—is the distinctive feature of its branding. ..

Next Story
Technology

Bentley Systems Named Innovation Partner of the Year 2025 by Afcons

Bentley Systems, the infrastructure engineering software company, has been recognised by Afcons Infrastructure Limited as its Innovation Partner of the Year 2025 at the Innovation Partners 2025 Felicitation Ceremony in Mumbai. The award acknowledges Bentley’s contribution to Afcons’ engineering digitalisation journey through an enterprise agreement providing access to over 250 Bentley engineering software tools. This adoption has enabled Afcons to accelerate project delivery, standardise digital workflows, and strengthen innovation across its infrastructure portfolio. Among key i..

Next Story
Infrastructure Urban

SBI Sells 13.18% Stake in Yes Bank to Japan’s SMBC

State Bank of India (SBI) has completed the sale of a 13.18 per cent stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for over Rs 8,889 crore. The divestment is part of a Rs 13,482 crore deal finalised in May with SMBC and seven private banks.Following the transaction, SBI’s shareholding in Yes Bank stands at 10.8 per cent. The deal, involving 4,134.4 million shares at Rs 21.50 each, is the largest cross-border transaction in the Indian banking sector.SBI Chairman C S Setty described the 2020 RBI-led rescue of Yes Bank as a pioneering public-private partnership, addi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?