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).

With these approvals, a total investment of Rs.51,568 cr has so far been approved for construction of 9,27,991 houses for Economically Weaker Sections (EWS) in urban areas in 20 States under PMAY (Urban) which was launched in June last year. Central assistance of Rs.12,604 cr will be provided for construction of these houses. During the last financial year (2015-16), 6,83,724 houses were approved for the urban poor in 18 States with a total investment of Rs. 34,927 cr

Details of the affordable houses approved during this financial year so far are :

S.No

 

State Affordable

Housing in

Partnership

Beneficiary

Led

Construction

In-Situ

Redevpt

of Slums

Total

Houses

sanctioned

Total

Investment

(Rs. Cr)

Central

support

(Rs.Cr)

1 Mahrasashtra 98,119 7,399   2,356 1,01,701 11,313 1,607
2 Tripura 42,896    42,896   1,164    643
3 Odisha 23,843    23,843       738    358
4 Bihar 21,474    21,474       982    322
5 Gujarat 17,838    17,838    1,302    267
6 Tamil Nadu   1,328   9,158   10,486        384    158
7 Kerala   9,299     9,299        262    132
8 Chattisgarh    7,357     7,357        372    110
9 Punjab    1,280     1,280         57      13
10 Himachal Pradesh       837        837         41      12
11 Jammu &

Kashmir

      683        683         26      11

Central assistance of Rs.1.50 lakh per each dwelling unit is provided for affordable housing under Affordable Housing in Partnership and Beneficiary Led Construction components while up to Rs.1.00 lakh per house is given for In-situ Slum Redevelopment.





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