Tag: PMAY

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Maharashtra links PMAY-Urban 2.0 to higher EWS prices

MUMBAI: The Maharashtra government has tightened the regulations under the Pradhan Mantri Awas Yojana (Urban) 2.0, requiring a minimum of 25% beneficiary registration before construction can begin or benefits can be accessed for certain affordable housing projects. This requirement applies to projects under the Affordable Housing in Partnership (AHP) and AHP-public private partnership (AHP-PPP) where the sale price of economically weaker section (EWS) homes exceeds the current annual statement of rates (ASR) by more than 20%. The updated guidelines, announced on January 23, were prompted by a review of detailed project reports (DPRs) submitted under PMAY (Urban) 2.0, which uncovered…

Latest StoriesResidential

Nashik: 75,000+ beneficiaries to receive homes on Republic Day

NASHIK: The Nashik Zilla Parishad (ZP) has facilitated the construction of over 75,000 homes through various housing schemes, which will be handed over to beneficiaries on Republic Day. The CEO of Nashik ZP, Omkar Pawar, stated, “The construction and payments to the beneficiaries have been completed. They will move into their new homes on Republic Day.” The District Rural Development Agency has reported that 51,000 houses were built under the Pradhan Mantri Awas Yojana (Rural), with an additional 24,000 houses constructed through various state-sponsored initiatives. “This endeavor was successfully executed through collaboration among various departments. The Nashik ZP is dedicated…

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Bhubaneswar body criticized for delayed PMAY-U 2.0 village list

BHUBANESWAR: The Housing and Urban Development Department has once again reprimanded the Bhubaneswar Development Authority (BDA) for not providing the required list of revenue villages for the Pradhan Mantri Awas Yojana–Urban 2.0 (PMAY-U 2.0). A reminder was issued, instructing the authority to submit the certified list “immediately.” In the reminder, Joint Secretary Satish Chandra Singh noted that despite prior instructions on February 28, 2025, BDA failed to provide the list of villages certified by the Vice-Chairman in the required format. The department emphasized the need for BDA to prioritize this matter, citing that the delay has a direct impact on…

Latest StoriesRegulatory

ED Requests Summary Report from Sambhajinagar Police on PMAY Case

CHHATRAPATI SAMBHAINAGAR: The Enforcement Directorate (ED) has contacted the Chhatrapati Sambhajinagar city police for the ‘C’ summary final report and all investigation documents related to the 2023 Prime Minister Awas Yojana (PMAY) housing tender case. This case was closed in June 2024 after a Judicial Magistrate First Class (JMFC) accepted the ‘C’ summary filed by the city police’s crime branch. An FIR was filed at the City Chowk police station on February 23, 2023, following a complaint from Deputy Municipal Commissioner Aparna Thete. The FIR was registered under various IPC sections relating to cheating and forgery against 19 accused. The…

Housing FinanceLatest Stories

NHB Flags PMAY 2.0 Disbursal Delay, Urges Finance Firms to Act

MUMBAI: The National Housing Bank (NHB) is advocating for increased adoption of PMAY 2.0, highlighting slower-than-anticipated disbursements in the interest subsidy scheme, as per sources involved in discussions with home financiers and regulators. In a recent meeting with chief executives of major housing finance companies (HFCs), the NHB leader expressed concerns that disbursements were “not meeting expectations” and encouraged lenders to intensify their focus on the program, according to officials who participated in the discussions. “The goal is to significantly enhance PMAY 2.0, yet the disbursement pace has been underwhelming,” remarked an official with insight into the matter. “The regulator…

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Vadodara: Chaos at Town Hall Over PMAY Draw Delay

VADODARA: A significant uproar occurred at the Sir Sayajirao Nagargruh town hall in Akota, Vadodara, on Wednesday as beneficiaries protested the delay in house draws under the Pradhan Mantri Awas Yojana (PMAY). The Vadodara Municipal Corporation (VMC) was set to conduct draws for 2,700 homes under various PMAY schemes. Beneficiaries had been notified of the draw scheduled for Wednesday. However, for unforeseen reasons, the civic body postponed the draws for one day. A senior VMC official stated, “We were cautious and sent two messages to each beneficiary regarding the postponement.” Despite this, numerous beneficiaries gathered at the town hall on…

Latest StoriesResidential

Centre Sanctions 1.11 Crore Homes Under PMAY Schemes

NEW DELHI: The government has approved the construction of 1.11 crore houses under two schemes of Pradhan Mantri Awas Yojana, with 95.54 lakh of these homes already completed and allocated to beneficiaries, Minister of Housing and Urban Affairs, Manohar Lal, reported in the Rajya Sabha on Monday. While addressing supplementary questions during the question hour, the minister mentioned that a 2020 slum survey revealed that approximately 6.5 crore individuals, equating to 1.39 crore households, reside in slums nationwide. “Under both schemes, 1.11 crore houses have been approved, and 1.10 crore have been initiated, with 95.54 lakh houses completed and handed…

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Odisha directs collectors to allocate sites for landless housing beneficiaries

Representative Image BHUBANESWAR: The Odisha government has instructed district collectors to allocate land sites to landless families beneficiary of various rural housing schemes. In a letter to the collectors, Girish S N, Secretary of the Panchayati Raj and Drinking Water Department, emphasized that eligible landless beneficiaries should be prioritized for housing site allocations. Additionally, the government has directed block development officers (BDOs) to meet with relevant tahsildars on the first Saturday of each month to address these concerns. Unfortunately, there are still 871 beneficiaries of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) in 11 out of 30 districts awaiting land site…

Latest StoriesResidential

8 Years Late, Ghaziabad Starts Handing Over PMAY Homes

GHAZIABAD: After nearly eight years, the Ghaziabad Development Authority (GDA) has commenced the handover of flats to beneficiaries of the Pradhan Mantri Awas Yojana-Urban (PMAY). In Madhuban Bapudham, over 300 registrations have been completed for 856 units constructed. Possession is being granted to beneficiaries selected via a lottery system. Officials stated that work in other areas is also nearing completion, with possession likely to begin soon. This includes 1,200 units in Pratap Vihar, 480 in Noor Nagar, and 528 in Newari, where a 400 KLD STP and an access road have been developed for Rs 3 crore. Launched in 2015,…

Latest StoriesResidential

Khanauri Distributes ₹2.5 Cr Pucca House Approval Letters

SANGRUR: On Thursday, Cabinet Minister Barinder Kumar Goyal distributed approval letters totaling Rs 2.55 crore to 102 beneficiaries under the Pradhan Mantri Awas Yojana (PMAY) in Khanauri. He also announced that an additional Rs 97.5 lakh would be allocated for 39 more beneficiaries shortly. Goyal highlighted that the Punjab government, under Chief Minister Bhagwant Mann, is dedicated to comprehensive state development through strategic financial management and specific initiatives aimed at realizing the vision of a ‘Rangla Punjab,’ ensuring equitable growth for all communities. He mentioned that development projects worth Rs 5 crore are set to begin soon in Khanauri, including…