Housing Ministry nods 60,000 homes construction under PMAY-U
Real Estate

Housing Ministry nods 60,000 homes construction under PMAY-U

On Tuesday, the Ministry of Housing and Urban Affairs (MoHUA) told the media that the project proposals for more than 60,000 homes were authorised for development under the Pradhan Mantri Awas Yojana (Urban) in Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan and Himachal Pradesh.

Earlier this month, Finance Minister Nirmala Sitharaman during the Budget presentation declared an allocation of Rs 48,000 crore to develop eight million homes. The government had earlier declared that all Indians would be rendered ‘pucca’ homes by 2024.

The total number of approved homes under PMAY(U) is currently 114.04 lakh, of which about 93.25 lakh have been grounded for construction and approximately 54.78 lakh have been achieved and delivered to the beneficiaries.

The government further said that the total investment under the mission stands at Rs 7.52 lakh crore, with central assistance of Rs 1.87 lakh crore. So far, Central Assistance amounting to Rs 1.21 lakh cr has already been released.

Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs, during the 58th meeting of the Central Sanctioning and Monitoring Committee (CSMC), discussed the problems about grounding and construction of houses in various states under different verticals of PMAY(U), according to the Ministry statement.

He reviewed the speed of achievement of homes in the states and directed the officials to facilitate the process and meanwhile furthermore evaluate the beneficiary allotment and completion of Affordable Housing in Partnership (AHP) projects in their respective areas.

Image Source

Also read: Govt approves construction of over one lakh houses under PMAY-U

On Tuesday, the Ministry of Housing and Urban Affairs (MoHUA) told the media that the project proposals for more than 60,000 homes were authorised for development under the Pradhan Mantri Awas Yojana (Urban) in Chhattisgarh, Andhra Pradesh, Karnataka, Rajasthan and Himachal Pradesh. Earlier this month, Finance Minister Nirmala Sitharaman during the Budget presentation declared an allocation of Rs 48,000 crore to develop eight million homes. The government had earlier declared that all Indians would be rendered ‘pucca’ homes by 2024. The total number of approved homes under PMAY(U) is currently 114.04 lakh, of which about 93.25 lakh have been grounded for construction and approximately 54.78 lakh have been achieved and delivered to the beneficiaries. The government further said that the total investment under the mission stands at Rs 7.52 lakh crore, with central assistance of Rs 1.87 lakh crore. So far, Central Assistance amounting to Rs 1.21 lakh cr has already been released. Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs, during the 58th meeting of the Central Sanctioning and Monitoring Committee (CSMC), discussed the problems about grounding and construction of houses in various states under different verticals of PMAY(U), according to the Ministry statement. He reviewed the speed of achievement of homes in the states and directed the officials to facilitate the process and meanwhile furthermore evaluate the beneficiary allotment and completion of Affordable Housing in Partnership (AHP) projects in their respective areas. Image Source Also read: Govt approves construction of over one lakh houses under PMAY-U

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code