Maharashtra: Just 13% Houses Built Or Under Construction Under PMAY

Of the total target of 19.4 lakh houses, the government intended to build 1.94 lakh houses by March 2018. It is hoping to construct another 4.7 lakh houses by March 2019, and 6.38 lakh each in 2019-20 and 2020-21, as per officials from the state housing department.

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Maharashtra: Just 13% Houses Built Or Under Construction Under PMAY

Maharashtra government is scrambling to meet ambitious targets that it had set for itself under ‘Housing for All’ scheme. So far, the government has only been able to start or houses built on about 13 per cent of the 6.64 lakh houses, it had promised in urban Maharashtra under the Pradhan Mantri Awas Yojana (PMAY).

The figures are from the state housing department. The government had promised to build the houses by March 2019. The government’s achievement under the scheme so far is also a far cry from the final target of constructing 19.4 lakh low-cost houses before 2022, which the government set for urban areas in the state.

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So far, the number of houses built that beneficiaries have actually occupied is 40,599, while construction of 44,727 more is underway, as per information from the state housing department.

Maharashtra government formally adopted the Centre’s PMAY programme in December 2015, initially to be implemented in 51 cities across the state and gradually to be extended to cover nearly all of urban Maharashtra.

Under PMAY, the Union government provides funding of Rs 1.5 lakh for every tenement created under the scheme, while the state government tops it up with another Rs 1 lakh.

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Government officials have pinned their hopes on creating a stock of affordable houses through a public-private partnership (PPP) model that the state government adopted under PMAY earlier this year. Through this approach, the government hopes to create low-cost houses on government as well as private land with the help of real estate developers, where at least 50 per cent of the tenements constructed are to be available as affordable housing.

The state government recently approved eight such PPP projects, six of which are in the Pune Metropolitan Region, to build over 21,000 houses. About 13,500 of these are proposed to be created through a single project at Chakan in Pune district.

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Of the total target of 19.4 lakh houses, the government intended to build 1.94 lakh houses by March 2018. It is hoping to construct another 4.7 lakh houses by March 2019, and 6.38 lakh each in 2019-20 and 2020-21, as per officials from the state housing department.

Source Link- https://theprint.in/

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