Sanctioning Of Housing For All Scheme To Be Achieved By Mid 2019

According to data, more than 2.5 lakh homes in Maharashtra under the Pradhan Mantri Awas Yojana have been sanctioned and construction work for more than 25,800 homes has already started.

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Sanctioning Of Housing For All Scheme To Be Achieved By Mid 2019

The target for the sanctioning of the construction of affordable housing in the ‘Housing For All’ scheme will be achieved by mid-year in 2019 against the proposed deadline of 2022, said the government.

Read Also: Mumbai Development Plan 2034 Opens Up 3,700 Hectares For Affordable Housing

The MoS for Housing & Urban Affairs said that the total number of houses to be sanctioned under the scheme is 11 million and until now, they have sanctioned the construction of about 4.5 million units. However, every month they are sanctioning up to 3-5 lakh units, added Puri.

Read Also: Mumbai Affordable Housing, 783 Houses For MHADA Lottery 2018

‘Housing for All’ is an ambitious project launched by Prime Minister. According to data, more than 2.5 lakh homes in Maharashtra under the Pradhan Mantri Awas Yojana have been sanctioned and construction work for more than 25,800 homes has already started. In the rural sector of the state, the government has assured that they will have 1 crore homes sanctioned by December 2018.

Read Also: Realty Developers Shifting Towards Affordable Housing Segment

The Special Development Zone demarcated in the DP and also the construction of affordable homes in the ‘No Development Zone’ will add a boost to the affordable housing sector, said President of the CREDAI-MCHI.

Source Link- http://www.zeebiz.com/

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