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Over Rs.one lakh cr investment approved for housing of urban poor

Over Rs.one lakh cr investment approved for housing of urban poor

            Ministry of Housing and Urban Poverty Alleviation has sanctioned 1,00,537 more houses for urban poor under Pradhan Mantri Awas Yojana (Urban) with an investment of Rs.4,200 cr taking the total investment so far approved to Rs.1,00,466 cr. This is 307% more than the investment approved of Rs.32,713 cr during 2004-14 for affordable housing in urban area With the latest sanctions, the Ministry has so far approved construction of 18,75,389 houses for Economically Weaker Sections under PMAY(Urban) in 2,151 cities and towns in 34 States/UTs as against 13.80 lakh houses sanctioned during 2004-15 with an approved investment of Rs.32,009 cr. The total investment approved so far includes central assistance of Rs.29,409 cr, assistance from State Governments and beneficiary contribution. In the latest sanctions, Madhya Pradesh got 57,131 houses, Tamil Nadu-24,576, Manipur-6,231, Chattisgarh-4,898, Gujarat-4,261, Assam-2,389, Kerala-643, Jharkhand-331 and Daman & Diu-77.  With total houses sanctioned of 2,66,842, Madhya Pradesh has emerged the leader for the first time  in approvals under PMAY(Urban) with a total investment of Rs.18,283 cr. Tamil Nadu is second with 2,52,532 houses with a total project cost of Rs.9,112 cr.Of the total houses so far sanctioned, 10,65,058 were under the Beneficiary Led Construction component of PMAY(Urban) wherein beneficiaries undertake new construction or enhancement of existing houses for which central assistance of Rs.1.50 lakh each is provided. 5,87,115 have been sanctioned under Affordable Housing in Partnership under which state governments provide land/financial assistance for housing projects for which central assistance of Rs.1.50 lakh each is given per beneficiary.

            Details of houses sanctioned and project investments approved in major States are:

State No of affordable houses sanctionerd Investment approved

(Rs. cr)

Madhya Pradesh 2,66,842 18,283
Tamil Nadu 2,52,532   9,112
Andhra Pradesh 1,95,047 10,697
Gujarat 1,48,948   9,772
Karnataka 1,46,548   6,288
West Bengal 1,44,369   5,870
Maharashtra 1,26,081 13,458
Bihar    88,293   3,909
Telangana    82,985   4,998
Jharkhand   64,898   2,423
Odisha   48,855   2,108
Tripura   45,908   1,264
Punjab   42,681   1,199
Rajasthan   37,856   2,646
Chattisgarh   34,973   2,962
Kerala   28,918      963
Assam   26,742      801
Uttar Pradesh   20,682   1,056
Manipur   15,979      414
Nagaland   13,560      335
Mizoram   10,459      219
Uttarakhand     7,904      510
Jammu & Kashmir     6,243      292
Himachal Pradesh     4,890      222
Haryana     4,299     338

Of the total houses sanctioned, construction has begun in respect of 6,89,829 and construction of 1,00,395 houses have been completed.

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