HomeNews52 lakh houses completed under PMAY-U so far

52 lakh houses completed under PMAY-U so far

The Central Sanctioning and Monitoring Committee (CSMC) of Pradhan Mantri Awas Yojana (Urban) has approved the construction of 3.61 lakh houses in 17 States/UTs under Affordable Housing in Partnership (AHP), Beneficiary-Led Construction (BLC), In-Situ Slum Redevelopment (ISSR) verticals of PMAY-U.

Construction of PMAY-U houses are in various stages of execution. With the latest approval, the total number of sanctioned houses under the Mission is now 1.14 crore; of which more than 89 lakh have been grounded for construction and 52.5 lakh have been completed and delivered to the beneficiaries. The total investment under the Mission is ₹ 7.52 lakh crore, with a Central Assistance of ₹1.85 lakh crore. So far, ₹1.13 lakh crore of funds have already been released. The CSMC also accorded approval for revision of projects from 14 States/UTs translating into 3.74 lakh houses.

At the 56th CSMC meeting, an e-Finance module was also launched by Secretary, MoHUA. The e-Finance module has been integrated with all modules of the PMAY-U MIS system and designed, developed within PMAY-U MIS System with the objectives to provide unique platform to all stakeholders for disbursement of funds through Direct Benefit Transfer mode &to validate beneficiaries.

Approvals were also given for proposals under Affordable Rental Housing Complexes (ARHCs) – Model 2 – in Telangana and Tamil Nadu. A total of 19,535 units, have been approved for urban migrants/poor, involving Technology Innovation Grant of Rs 39.11 crore.

ARHCs provide affordable rental accommodation to urban migrants/poor in urban areas close to their workplace. The ARHC scheme is being implemented through two models. Under Model 1, existing Government funded vacant houses are converted into ARHCs through Public Private Partnership or by Public Agencies; Under Model 2, construction, operation and maintenance of ARHCs will be done by Public/Private Entities on their own vacant land.

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