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Centre to launch tech challenge to address housing shortage

Saturday, January 12, 2019, 4:55 PM

To address the issues related to housing shortage in a time-bound manner, the Centre will launch the 'Global Housing Technology Challenge', officials said. Union Housing and Urban Affairs(HUA) Minister Hardeep Singh Puri will launch the initiative under the Pradhan Mantri Awas Yojana-Urban(PMAY-U), Ministry Secretary Durga Shanker Mishra said. "Global Housing Technology Challenge-India will enable a paradigm shift in the country's construction sector," Mishra tweeted.
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Interest subsidy for MIG homebuyers extended till March 2020

Monday, December 31, 2018, 6:34 PM

The Centre has extended the Credit Link Subsidy Scheme(CLSS) on home loans for the Middle Income Group under the Pradhan Mantri Awas Yojana(Urban) till March 2020, Union Housing and Urban Affairs Minister Hardeep Singh Puri said. Puri said he has signed the file pertaining to the extension of the CLSS under which the government provides a subsidy of up to Rs.2.67L on home loans.
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Government plans to sanction one crore houses before 2020

Saturday, December 29, 2018, 3:31 PM

The Union Housing and Urban Affairs Ministry initiated several schemes in 2018 and plans to sanction construction of one crore houses before 2020 under the Pradhan Mantri Awas Yojana (urban), a move aimed at ensuring 'housing for all by 2022'. More than 65 lakh houses have been approved so far for construction under the PMAY.

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