+
Centre to suspend new PMAY (Urban) projects for a year
Real Estate

Centre to suspend new PMAY (Urban) projects for a year

The Union Ministry for Housing and Urban affairs is unlikely to sanction any more homes under the affordable housing scheme Pradhan Mantri Awas Yojana (Urban) for the next one year as focuses on completing sanctioned projects.

The shift in focus comes as only 6.1 million PMAY houses have been completed out of the total 12.2 million that have been sanctioned. Work on around 10 million houses has been started. The figure includes the 6 million completed homes.

“Our emphasis right now is to complete those houses … sanctioning is not enough. The houses are either being constructed by the beneficiaries, or urban bodies, or the state government. They need to start and complete as soon as possible," Livemint cited an unnamed official as saying.

The report said that for at least the next one year, the Centre will be fully focussed on talking to all the states and ensuring that all the homes that have been sanctioned are completed. “There is not one state which can say ‘I have grounded all the houses that you gave’. They still have to start the houses which we sanctioned," another official said.

See also:

ATS HomeKraft bags affordable housing award for Noida project

Mahindra Lifespaces launches biophilia-oriented housing in Pimpri


The Union Ministry for Housing and Urban affairs is unlikely to sanction any more homes under the affordable housing scheme Pradhan Mantri Awas Yojana (Urban) for the next one year as focuses on completing sanctioned projects. The shift in focus comes as only 6.1 million PMAY houses have been completed out of the total 12.2 million that have been sanctioned. Work on around 10 million houses has been started. The figure includes the 6 million completed homes. “Our emphasis right now is to complete those houses … sanctioning is not enough. The houses are either being constructed by the beneficiaries, or urban bodies, or the state government. They need to start and complete as soon as possible, Livemint cited an unnamed official as saying. The report said that for at least the next one year, the Centre will be fully focussed on talking to all the states and ensuring that all the homes that have been sanctioned are completed. “There is not one state which can say ‘I have grounded all the houses that you gave’. They still have to start the houses which we sanctioned, another official said.See also: ATS HomeKraft bags affordable housing award for Noida projectMahindra Lifespaces launches biophilia-oriented housing in Pimpri

Next Story
Real Estate

Manglam, Fern Hotels Sign 200+ Key Apart’otel in Jaipur’s Pinkwalk

Manglam Group has signed a 200+ key serviced apart’otel under the Fern Habitat brand in Jaipur, marking a key milestone in its Rs 10 billion hospitality investment strategy. Located within Pinkwalk, Manglam’s flagship mixed-use development in Jagatpura, the project will cater to both short and extended-stay travellers with apartment-style units paired with hotel services. The Fern Habitat Pinkwalk will offer fully serviced accommodations with kitchenettes, daily housekeeping, and on-site dining. The concept blends the independence of apartment living with the comfort of hotel-grade am..

Next Story
Real Estate

Schon Doorways Launches Monsoon-Ready Aluminium Casement Windows

Schon Doorways, a premium player in doors and window solutions, has launched its new range of aluminium casement and sliding windows, designed specifically to endure the Indian monsoon. Engineered with high-performance tempered glass and ultra-slim aluminium profiles, the windows combine aesthetic appeal with monsoon resilience. Available in single and double track options, the windows offer anti-collision strips, flyscreens, and high load-bearing strength—providing protection against heavy rains, strong winds, and pests. Wall thickness ranges from 1.6 mm to 5.00 mm, offering flexibilit..

Next Story
Resources

LG Charts Global HVAC Leadership With AI, Acquisitions and Localisation

LG Electronics has unveiled a strategic roadmap to transform its ES Company into a top-tier global HVAC solutions provider by 2030, targeting KRW 20 trillion in revenue. The plan, announced at LG Sciencepark, South Korea, focuses on expanding B2B industrial sales, advancing AI-based technologies for data centres, and strengthening localised operations across key regions. Central to LG’s roadmap is growth in the fast-expanding data centre cooling segment. With the global chiller market projected to reach USD 12 billion by 2027, LG aims for KRW 1 trillion in sales by 2027. The company has..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?