+
Noida development body extends PMAY application deadline to June 25
Real Estate

Noida development body extends PMAY application deadline to June 25

The Greater Noida Industrial Development Authority (GNIDA), after receiving inadequate applications for its project under Pradhan Mantri Awas Yojana (PMAY), has now decided to extend the application deadline from April 24 to June 25.

The authority has proposed to build 10,000 flats and has received only 760 applications under the scheme launched in January this year.

Covid lockdown is the major reason for the lack of response as many migrant labourers working in local factories have left town, leaving few takers for the scheme.

ACEO of GNIDA, Deep Chandra said that due to the pandemic and economic slowdown, we have increased the application deadline of the PMAY scheme by two months. The PMAY affordable housing scheme is under two categories – for economically weaker sections of society (EWS) and low-income groups (LIG).

While the state government has provided all three authorities with a target of 50,000 such homes to be built.

Santosh Kumar, OSD builders of GNIDA, told the media that the overall Covid pandemic has led to a delay in implanting all the conditions of the scheme and has led to fewer responses received so far.

Image Source


Also read: Affordable housing keeps real estate sector afloat: PropTiger

Also read: Affordable housing: Grappling with the challenge of accessibility

The Greater Noida Industrial Development Authority (GNIDA), after receiving inadequate applications for its project under Pradhan Mantri Awas Yojana (PMAY), has now decided to extend the application deadline from April 24 to June 25. The authority has proposed to build 10,000 flats and has received only 760 applications under the scheme launched in January this year. Covid lockdown is the major reason for the lack of response as many migrant labourers working in local factories have left town, leaving few takers for the scheme. ACEO of GNIDA, Deep Chandra said that due to the pandemic and economic slowdown, we have increased the application deadline of the PMAY scheme by two months. The PMAY affordable housing scheme is under two categories – for economically weaker sections of society (EWS) and low-income groups (LIG). While the state government has provided all three authorities with a target of 50,000 such homes to be built. Santosh Kumar, OSD builders of GNIDA, told the media that the overall Covid pandemic has led to a delay in implanting all the conditions of the scheme and has led to fewer responses received so far. Image SourceAlso read: Affordable housing keeps real estate sector afloat: PropTiger Also read: Affordable housing: Grappling with the challenge of accessibility

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code