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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement