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Modi govt expects to meet 1.2 crore houses target under PMAY

Wednesday, August 21, 2019, 10:34 AM

The ministry of housing and urban development expects to meet the target of constructing around 1.12 crore houses under the Pradhan Mantri Awas Yojana by early next year, which is two years before its scheduled deadline of 2022. The committee for monitoring and sanctioning of projects under 'Housing for All', which is chaired by MoHUA secretary, has so far sanctioned 84 lakh housing units.
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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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