+
UP Gets Rs 120 Billion for Urban Housing Scheme
Real Estate

UP Gets Rs 120 Billion for Urban Housing Scheme

In a significant boost to its affordable housing drive, the Uttar Pradesh government has secured financial approval of Rs 120.31 billion under the Pradhan Mantri Awas Yojana (Urban) Mission 2.0 to provide permanent (pucca) homes to the urban poor.
According to an official statement issued on Saturday, Chief Minister Yogi Adityanath has directed authorities to ensure transparency and quality in construction. To this end, geo-tagging and photographic documentation of every house will be mandatory, enabling real-time monitoring throughout the construction process.
All housing units under the scheme will incorporate disaster-resilient features to withstand earthquakes, floods, and other natural calamities, integrating safety as a core element of the mission.
The cost of each unit will be shared between the central and state governments in a 60:40 ratio, with each eligible beneficiary receiving Rs 2.5 lakh in financial assistance to construct their home.
Launched on 1 September 2024, PMAY (Urban) Mission 2.0 seeks to provide all urban families with pucca houses by the designated deadline. The scheme is being closely monitored at both the state and district levels to ensure timely completion and high construction standards.
Besides improving living conditions, the initiative supports integrated urban development across the state, offering greater social security to underprivileged communities. 

In a significant boost to its affordable housing drive, the Uttar Pradesh government has secured financial approval of Rs 120.31 billion under the Pradhan Mantri Awas Yojana (Urban) Mission 2.0 to provide permanent (pucca) homes to the urban poor.According to an official statement issued on Saturday, Chief Minister Yogi Adityanath has directed authorities to ensure transparency and quality in construction. To this end, geo-tagging and photographic documentation of every house will be mandatory, enabling real-time monitoring throughout the construction process.All housing units under the scheme will incorporate disaster-resilient features to withstand earthquakes, floods, and other natural calamities, integrating safety as a core element of the mission.The cost of each unit will be shared between the central and state governments in a 60:40 ratio, with each eligible beneficiary receiving Rs 2.5 lakh in financial assistance to construct their home.Launched on 1 September 2024, PMAY (Urban) Mission 2.0 seeks to provide all urban families with pucca houses by the designated deadline. The scheme is being closely monitored at both the state and district levels to ensure timely completion and high construction standards.Besides improving living conditions, the initiative supports integrated urban development across the state, offering greater social security to underprivileged communities. 

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