Centre approves over 5.6 L houses under PMAY for urban poors

Press Trust of India  |  New Delhi 

The Centre on Monday approved over 5.6 lakh houses under the for urban poors, taking the total number of houses being funded by the government to more than 79 lakh.

According to the Union Housing and Urban Affairs Ministry, which is mandated to implement the PMAY (U), has been sanctioned 1,79, 215 houses, followed by 1,10,618, 1,01,220, 48,729, among others.

In a statement, the ministry said the approval was given in a meeting of the Central Sanctioning and Monitoring Committee. The cumulative number of houses sanctioned under PMAY(U) now is 79,04,674.

The government has set a target of one crores houses in urban areas under the PMAY, launched by It aims to "Housing for All" by 2022 by providing financial assistance to beneficiaries.

The statement stated ?a total of 1,243 projects with a project cost of Rs 33,873 crore with central assistance of Rs 8,404 crore has been approved in the meeting.

Fifteen lakh houses have so far been completed. More than 12 lakh houses are currently being constructed.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, February 25 2019. 21:25 IST