Towards affordable and sustainable rental housing
Company News

Towards affordable and sustainable rental housing

Various schemes and Missions run by the Ministry of Housing and Urban Affairs during 2021 have helped boost the Make in India and AtamNirbharBharat initiatives in many ways.

MoHUA also launched the Enrolment Module for TECHNOGRAHIS including students from IITs, NITs, engineering, planning, and architecture colleges, faculty members, academicians, and stakeholders for registering themselves to visit Live Laboratories at six LHP sites for learning, consultation, generation of ideas and solutions, experimentation, innovation, and technical awareness.

Affordable Rental Housing Complexes (ARHC) Scheme under Atmanirbhar Bharat Package addresses the vision of ‘AtmaNirbhar Bharat Abhiyan’ significantly by creating a sustainable ecosystem of affordable rental housing solutions and achieving the overall objective of “Housing for All” encompassing the need of affordable rental housing for urban migrants/poor.

Pradhan Mantri Awas Yojana-Urban (PMAY-U) - Launched to address urban housing shortages including the slum dwellers by ensuring a pucca house to eligible urban households by the year 2022.

Against the total assessed demand of 1.12 crore houses, 1.14 crore houses have been sanctioned. Of these, a total of 91.5 lakh houses were grounded for construction and 53 lakh houses were completed/delivered, as of December 12, 2021.

Atal Mission for Rejuvenation & Urban Transformation (AMRUT) - Against a total SAAP size of Rs 77,640 crore, 5818 projects worth Rs 80,713 crore have been grounded. Of the grounded projects, works worth Rs 57,414 crore have been physically completed (inclusive of completed projects worth Rs 22,756 crore) and expenditure of Rs 50,118 crore has been incurred so far.

Swachh Bharat Mission- Urban (SBM-U) - Under the mission, 31 cities have been self-declared as ODF and 58 have been certified as ODF since January 1, 2021. ODF+ certified cities increased by 1,828 and ODF++ certified cities increased by 472 since January 1, 2021 Deendayal Antyodaya Yojana –National Urban Livelihoods Mission (DAY-NULM) - The DAY- NULM is a flagship scheme that aims towards alleviating urban poverty through building strong community institutions, providing skill training, access to affordable credit for self-employment, support for street vendors and shelters for the urban homeless.

Urban Transport - One metro project, i.e., Bangalore Metro Rail Project Phase 2A & 2B of length 58.19 km at the complete cost of Rs 14,788 crore has been sanctioned in June 2021. About 31 km of metro rail lines have been commissioned in the cities of Delhi, Bangalore, Chennai, Kolkata and Nagpur. Under Make-in-India initiatives, the Ministry, in January 2021, issued a list of items where public procurement shall be done only from local suppliers.

References – Pib.gov.in

Various schemes and Missions run by the Ministry of Housing and Urban Affairs during 2021 have helped boost the Make in India and AtamNirbharBharat initiatives in many ways. MoHUA also launched the Enrolment Module for TECHNOGRAHIS including students from IITs, NITs, engineering, planning, and architecture colleges, faculty members, academicians, and stakeholders for registering themselves to visit Live Laboratories at six LHP sites for learning, consultation, generation of ideas and solutions, experimentation, innovation, and technical awareness. Affordable Rental Housing Complexes (ARHC) Scheme under Atmanirbhar Bharat Package addresses the vision of ‘AtmaNirbhar Bharat Abhiyan’ significantly by creating a sustainable ecosystem of affordable rental housing solutions and achieving the overall objective of “Housing for All” encompassing the need of affordable rental housing for urban migrants/poor. Pradhan Mantri Awas Yojana-Urban (PMAY-U) - Launched to address urban housing shortages including the slum dwellers by ensuring a pucca house to eligible urban households by the year 2022. Against the total assessed demand of 1.12 crore houses, 1.14 crore houses have been sanctioned. Of these, a total of 91.5 lakh houses were grounded for construction and 53 lakh houses were completed/delivered, as of December 12, 2021. Atal Mission for Rejuvenation & Urban Transformation (AMRUT) - Against a total SAAP size of Rs 77,640 crore, 5818 projects worth Rs 80,713 crore have been grounded. Of the grounded projects, works worth Rs 57,414 crore have been physically completed (inclusive of completed projects worth Rs 22,756 crore) and expenditure of Rs 50,118 crore has been incurred so far. Swachh Bharat Mission- Urban (SBM-U) - Under the mission, 31 cities have been self-declared as ODF and 58 have been certified as ODF since January 1, 2021. ODF+ certified cities increased by 1,828 and ODF++ certified cities increased by 472 since January 1, 2021 Deendayal Antyodaya Yojana –National Urban Livelihoods Mission (DAY-NULM) - The DAY- NULM is a flagship scheme that aims towards alleviating urban poverty through building strong community institutions, providing skill training, access to affordable credit for self-employment, support for street vendors and shelters for the urban homeless. Urban Transport - One metro project, i.e., Bangalore Metro Rail Project Phase 2A & 2B of length 58.19 km at the complete cost of Rs 14,788 crore has been sanctioned in June 2021. About 31 km of metro rail lines have been commissioned in the cities of Delhi, Bangalore, Chennai, Kolkata and Nagpur. Under Make-in-India initiatives, the Ministry, in January 2021, issued a list of items where public procurement shall be done only from local suppliers. References – Pib.gov.in

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