The Government approved 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana – Urban (PMAY-U) on 8th June 2021. The decision was taken at the 54th Meeting of the Central Sanctioning and Monitoring Committee (CSMC) under PMAY-U held in New Delhi. The Meeting was attended by 13 States/UTs.
These houses are proposed to be constructed across Beneficiary Led Construction and Affordable Housing in Partnership verticals.
This was the first CSMC meeting during the second wave of COVID-19 pandemic and reflects the importance the Government has attached to the objective of providing pucca houses to all eligible beneficiaries of Urban India by 2022 with the vision of ‘Housing for All’.
The total number of sanctioned houses under PMAY(U) is now 112.4 lakh and so far, 82.5 lakh have been grounded for construction of which 48.31 lakh have been completed/delivered. Total investment under the Mission is Rs 7.35 Lakh Crore which has Central assistance of Rs 1.81. Lakh Crore of which Rs 96,067 Crore of funds have been released.