PMAY-Urban: Around 3.88 lakh low-cost houses built in Andhra Pradesh
Real Estate

PMAY-Urban: Around 3.88 lakh low-cost houses built in Andhra Pradesh

Under the Pradhan Mantri Awas Yojana Urban (PMAY-U), as many as 3.88 lakh low-cost houses have been built in Andhra Pradesh in the last three financial years, the government told the media.

Minister of State for Housing and Urban Affairs Kaushal Kishore said that since 2018-19, the Centre had released support of Rs 6,807.72 crore for the construction of low-cost houses in the state.

According to the central government, as many as 29,731 houses have been constructed during the same period in Delhi.

Kishore said that under the PMAY (U), a sum of 3,88,309 low-cost houses have been built in Andhra Pradesh in the last three financial years since 2018-19.

He also said that according to the 69th round of surveys of the National Sample Survey Office (NSSO), Ministry of Statistics, and Programme Implementation (MoSPI), the estimated number of slums in the country is 33,510.

According to the 69th round of the survey of NSSO, there are 4,539 slums with a population of 1,01,86,934 in Andhra Pradesh, he further added.

The Department of Expenditure and Ministry of Finance released the third monthly instalment of the Post Devolution Revenue Deficit (PDRD) grant of Rs 9,871 crore to 17 states in 2021-22. The RBI Monetary Policy 2021 maintains a growth supportive stance. Industry body Assocham told the media that the construction industry is likely to resume operations from mid-June. The Central government gave approval to 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana-Urban (PMAY-U).

Image Source


Also read: PMAY-Urban: Govt hands over more than 37 lakh homes in two years

Also read: Pradhan Mantri Awas Yojana: Uttarakhand CM lauds PMAY scheme

Under the Pradhan Mantri Awas Yojana Urban (PMAY-U), as many as 3.88 lakh low-cost houses have been built in Andhra Pradesh in the last three financial years, the government told the media. Minister of State for Housing and Urban Affairs Kaushal Kishore said that since 2018-19, the Centre had released support of Rs 6,807.72 crore for the construction of low-cost houses in the state. According to the central government, as many as 29,731 houses have been constructed during the same period in Delhi. Kishore said that under the PMAY (U), a sum of 3,88,309 low-cost houses have been built in Andhra Pradesh in the last three financial years since 2018-19. He also said that according to the 69th round of surveys of the National Sample Survey Office (NSSO), Ministry of Statistics, and Programme Implementation (MoSPI), the estimated number of slums in the country is 33,510. According to the 69th round of the survey of NSSO, there are 4,539 slums with a population of 1,01,86,934 in Andhra Pradesh, he further added. The Department of Expenditure and Ministry of Finance released the third monthly instalment of the Post Devolution Revenue Deficit (PDRD) grant of Rs 9,871 crore to 17 states in 2021-22. The RBI Monetary Policy 2021 maintains a growth supportive stance. Industry body Assocham told the media that the construction industry is likely to resume operations from mid-June. The Central government gave approval to 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana-Urban (PMAY-U). Image Source Also read: PMAY-Urban: Govt hands over more than 37 lakh homes in two years Also read: Pradhan Mantri Awas Yojana: Uttarakhand CM lauds PMAY scheme

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement