India Reaches Milestone with 10 Million Urban Houses Delivered Under PMAY-U
The Ministry of Housing and Urban Affairs reports the completion and delivery of over one crore houses to beneficiaries. This achievement includes a significant focus on female ownership and the approval of new housing units for economically weaker sections.
Key takeaways
- Over 10 million urban houses have been completed and delivered since the PMAY-U scheme started in 2015.
- Women have been prioritized in the program, receiving allotments for approximately 10 million of the sanctioned houses.
- Recent government approvals have added 209,000 houses under the PMAY-Urban 2.0 phase for economically weaker families.
- The Beneficiary Led Construction vertical provides up to Rs 2.5 lakh to individuals for building permanent structures on private land.
What Happened
The Ministry of Housing and Urban Affairs announced on Sunday that over one crore houses have been completed and delivered under the Pradhan Mantri Awas Yojana-Urban (PMAY-U). This milestone follows the sanctioning of 1.25 crore total units since the program's inception in 2015. During a recent review by the Central Sanctioning and Monitoring Committee (CSMC), the government further expanded the initiative by approving 2.09 lakh additional houses under the PMAY-Urban 2.0 framework specifically for families in the Economically Weaker Sections (EWS).
Key Facts
- Total Delivery: More than 1 crore urban houses have been finished and handed over to residents.
- Sanctioning Progress: Since 2015, the ministry has approved a total of 1.25 crore houses.
- Gender Inclusion: Approximately one crore of the sanctioned houses have been allotted to women.
- Financial Support: Under the Beneficiary Led Construction (BLC) model, the government sanctioned 1.4 lakh houses, providing individuals with up to Rs 2.5 lakh each to construct permanent (pucca) homes on their own land.
- New Approvals: The most recent committee meeting cleared proposals for over 2.09 lakh houses under the new 2.0 version of the scheme.
Background
Launched in 2015, PMAY-U serves as a primary vehicle for urban housing development in India. The scheme operates through various verticals, including Beneficiary Led Construction, to facilitate the transition from temporary shelters to permanent dwellings. The recent shift to PMAY-Urban 2.0 indicates a continued focus on addressing housing shortages for low-income demographics across various states and Union Territories.
Sources reviewed
Project Chintan independently synthesized and analyzed information cross-checked across the sources listed above.
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