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Govt approves construction of 1.5 lakh houses under PMAY-Urban

The Centre has approved construction of 1.5 lakh houses for urban poor under the Pradhan Mantri Awas Yojana (Urban), taking to 47.52 lakh the tally of houses under the programme so far, the Housing and Urban Affairs (HUA) Ministry said. The latest approval entails an investment of Rs 7,227 crore with central assistance of Rs 2,209 crore, the ministry said in a release. Andhra Pradesh was sanctioned 56,512 houses, while Uttar Pradesh got 23,060, Madhya Pradesh 17,920, Jharkhand 14,526 and Maharashtra 13,506 houses. With the latest approval for construction of affordable houses, the cumulative figure under under PMAY (U) has reached 47.52 lakh houses, the release said.

Source : NAREDCO