Centre clears ₹3,570-cr low-cost housing in NE

    Low Cost Housing
    The Union Government has cleared ₹3,570 crore for construction of more than 2.3 lakh low-cost houses for the urban poor under PMAY-Urban, in the North-Eastern states. About 1.16 lakh houses are in the process of construction. Central Assistance worth Rs 1,520 crore has already been released during the last 4 years as against Rs 683 crore sanctioned and Rs 586 crore released during 2004-2014. In fact, as many as 10 Smart Cities in the North East have been selected. Itanagar and Shillong have been added in Round 4, this year. Rs 1024 crore worth of central assistance has been released to the North Eastern states under the Smart Cities Mission so far. Currently, projects worth Rs 443 crore are under implementation. Namchi (Sikkim) has made tremendous progress in RERA Rules as Tripura Mizoram and Sikkim have established the interim Real Estate Regulatory Authorities and the Interim Real Estate Appellate Tribunal has been established in Tripura only, said ministry sources.
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