The latest addition to affordable housing sector is 1 lakh affordable homes (urban). HUPA sanctioned 1 lakh urban economical residential properties under PMAY, with an investment of Rs. 4200 crore. To be precise 100,537 properties got approval of construction under this ‘Housing for all within 2022’ scheme.
According to the updated press release- The Ministry of Housing and Urban Poverty Alleviation, Government of India (HUPA) gave approval for 57,131 homes in Madhya Pradesh, 24,576 in Tamil Nadu, 6,231 homes in Manipur, 4,898 in Chattisgarh, 4,261 in Gujrat, in Assam 2,389, 643 in Kerala, 331 in Jharkhand and 77 homes in Daman & Diu.
The total numbers of affordable homes have been sanctioned by HUPA by far are around 1,065,058 for economically weaker section of the society under PMAY(urban) in 2151 cities and towns in 34 states and UTs with the total investment of Rs 1,00,466 crore.
Overall 587,115 homes have been approved under affordable housing in partnership under which state governments granted land/fiscal assistance for housing projects for which central aid of Rs 1.50 lakh each is allotted per recipient.
Union government started on its flagship ‘Housing for All by 2022\' mission on June 25, 2015 and is aiming at 15 states and union territories (UTs) to fulfill the target of Housing for All by 2019.
The states get the center of attention under PMAY are Kerala, Himachal Pradesh, Jammu & Kashmir, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, along with the UTs of Andaman & Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman & Diu and Puducherry.
Other states have been directed to tender by 2018 so that construction could be accomplished by 2022.
HUPA had also required states and UTs to embark on new demand study for affordable housing, and the procedure is close to achievement.
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