Tag: PMAY

Latest StoriesResidential

Haryana Okays Housing for 2,646 PMAY-Urban Beneficiaries

CHANDIGARH: The Haryana government has made significant strides towards offering affordable housing for urban poor and middle-class families, approving housing projects for 2,646 beneficiaries across 60 urban local bodies (ULBs) on Tuesday. The decisions were taken during a session of the state-level sanctioning and monitoring committee under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0. The meeting, led by Chief Secretary Anurag Rastogi, highlighted the state’s progress in executing the central government’s housing initiative aimed at providing pucca houses to families in the economically weaker section (EWS), lower income group (LIG), and middle income group (MIG) in urban areas. Mohammed Shayin,…

Latest StoriesResidential

1,000+ Flats for Urban Poor in Prayagraj Under PMAY

PRAYAGRAJ: The Prayagraj authorities are making strides to enhance housing for the urban poor by planning the construction of over 1,000 flats under the Pradhan Mantri Awas Yojana (PMAY) Phase II. Led by the Prayagraj Development Authority (PDA), efforts are underway to identify land which will be provided by the municipal corporation and district administration. The PDA has engaged with relevant departments to expedite the process. Several potential locations have been earmarked for the initiative, including a 4,000 sqm plot near Dhobighat, around four bighas in Peepal Gaon, and approximately 3,000 sqm in the Khuldabad area. Additionally, discussions are in…

Latest StoriesResidential

Odisha to Convert Vacant Government Buildings into Affordable Housing

Representative AI image BHUBANESWAR: The Odisha government is taking steps to identify vacant and unused state-owned buildings in urban areas to convert them into affordable rental housing, as stated in an official document. The initiative aims to improve housing options for the urban poor and working class. Usha Padhee, Additional Chief Secretary of the Housing & Urban Development Department, directed key departments to identify underutilized assets within their control and to report this information to the Odisha Urban Housing Mission (OUHM). Padhee emphasized that housing is essential for urbanization, impacting health, stability, education, and economic opportunities for families. Previously, housing…

Latest StoriesResidential

Puducherry Launches Housing Subsidy for Poor: CM

PUDUCHERRY: Chief Minister N Rangasamy has announced that his government is rolling out a housing subsidy scheme aimed at providing solid homes for the underprivileged by replacing makeshift huts. During a function in Tirukanchi village on Thursday, where he distributed increased pensions to the elderly, destitute women, and marginalized citizens, he stated, “The integrated housing scheme, which combines subsidies from our territorial government with the Centre’s Pradhan Mantri Awas Yojana, has been initiated to support the poor in transitioning from huts to concrete houses.” Rangasamy expressed confidence that the Union Territory would become “hut-free” by swiftly implementing this housing scheme.…

IndustryLatest Stories

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…

IndustryLatest Stories

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…