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    UDM approves 30,000 affordable units

    affordable units
    The Urban Development Ministry recently approved the construction of 30,000 housing units for the urban poor on private land in Sholapur areas of the state, thereby, making it the first such project to be taken up on private land under PMAY(U). In addition, the ministry also clears central assistance of Rs.450 crore for the project under the Centre's flagship program Pradhan Mantri Awas Yojana (Urban), official sources said that Raynagar Cooperative Housing Federation, Sholapur, had submitted a proposal to build 30,000 houses for its members comprising textile workers and other urban poor belonging to the EWS category at a cost of Rs.1,811 crore under PMAY(U). The state government after due examination agreed to provide an assistance of Rs.300 crore for the same and forwarded the proposal to the ministry which in turn said that the scope of the scheme would be extended to private lands, a move aimed to give momentum to affordable housing in urban areas. The ownership of land area of 189 hectares is with the federation which acquired it for building houses. It will be the implementing agency whereby all the beneficiaries have to be AADHAR linked. The state officials informed that the cost of each dwelling unit of Rs.6,03,777 and that the delivery price would be Rs.3,53,777 per house.
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