Rs.16,641 cr investment in affordable housing for urban poor approved this fiscal

apartmentsBy Accommodation Times News Services

2.50 lakh houses for urban poor in 11 States cleared ; Central assistance of Rs.3,634 cr 

Maharashtra gets over one lakh more houses, Tripura-42,896, Odisha-23,843, Bihar-21,474, Gujarat-17,838

Total investment in affordable housing approved so far –Rs.51,568 cr

Central Government has approved an additional investment of Rs.16,641 cr for affordable housing for construction of 2,44,267 houses for urban poor under Pradhan Mantri Away Yojana (Urban) during the first four months of this financial year. The Ministry of Housing & Urban Poverty Alleviation  approved these proposals for the benefit of urban poor in 11 States. Central assistance of Rs. 3,634 cr has been approved for construction of these houses under three components of the urban housing mission viz,, Affordable Housing In Partnership (1,24,642 houses), Beneficiary Led Construction (1,15,989) and In-Situ Slum Redevelopment (3,636 houses).

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