Pradhan Mantri Awas Yojana Urban : 82.36 Lakh Houses Completed
As of April 22, 2024, 82.36 lakh houses have been completed under the Pradhan Mantri Awas Yojana Urban (PMAY-U), surpassing the demand. 118.64 lakh units were sanctioned, with 114.17 lakh groundbreakings. Rs 1,99,653 crore was committed, of which Rs 1,50,562 crore has been spent. The Beneficiary-Led Construction component received the most funding.
Construction of 82.36 lakh houses has been completed till April 22, 2024, under the government’s flagship Pradhan Mantri Awas Yojana Urban (PMAY-U) component, official data show.
The Centre has sanctioned 118.64 lakh units under the PMAY-U as against the demand for 112.24 lakh units. Of the 118.64 lakh sanctioned units, ground for construction has been laid for 114.17 lakh houses till April.
In terms of finances, Rs 1,99,653 crore was committed for the PMAY-U. Of this, Rs 1,63,926 crore has been sanctioned while Rs 1,50,562 crore has been spend on house construction. Utilisation certificate has been issued for Rs 1,50,340 crore so far, data show.
Data also show that the largest number of sanctioned amount was in the Beneficiary-Led Construction component of the urban housing mission. Under this category, financial assistance of Rs 1.5 lakh is given to individual eligible families belonging to economically weak section category to either construct a new house or to enhance an existing one on their own.
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