The Union government in a recent move has cleared a staggering sum worth Rs. 3,634-cr covering 11 states to build sufficient number of affordable housing units for urban poor. The scheme has been launched by the urban poverty alleviation wing of the central government under three components of the urban housing mission viz, Affordable Housing In Partnership (1,24,642 houses), Beneficiary Led Construction (1,15,989) and In-Situ Slum Redevelopment (3,636 houses). With these approvals, a total investment of Rs. 51,568-cr has been so far approved for construction of 9,27,991 houses for Economically Weaker Sections (EWS) in urban areas in 20 States under Prime Minister Awas Yojana (PMAY) (Urban) which was launched in June last year. Central assistance of Rs. 12,604-cr will be provided for construction of these houses. During the last financial year (2015-16), 6,83,724 houses were approved for the urban poor in 18 States with a total investment of Rs. 34,927cr, said official sources.
📅Published on:
28 July 2016
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
