HYDERABAD: The ongoing Indiramma housing scheme in urban Telangana received a significant boost as the Central government approved 1.13 lakh housing units under the Pradhan Mantri Awas Yojana (PMAY-Urban 2.0). This approval translates to nearly Rs 1,500 crore in Central funding for the state.
A senior official in the housing department informed TOI that Telangana ranks first among Indian states in receiving a Rs 1,500 crore allocation for housing under PMAY-Urban 2.0. Notably, even Bihar, which is heading into elections, has not received such a substantial sanction, nor have BJP-ruled states like Uttar Pradesh or Gujarat.
Chief Minister A. Revanth Reddy and other ministers have engaged with Union Housing and Urban Affairs Minister Manohar Lal Khattar in New Delhi multiple times, advocating for the sanctioning of 20 lakh housing units.
The state government has set an ambitious goal of constructing 20 lakh Indiramma houses with a budget of Rs 22,500 crore over the next five years. To date, 2.50 lakh homes have been approved in the program’s first phase, with construction already underway for 1.5 lakh housing units across the state.
The Congress government is providing Rs 5 lakh in financial assistance to beneficiaries of the Indiramma housing scheme for building these housing units. Of this amount, Rs 1.5 lakh will come from the Centre under PMAY-Urban 2.0, while the state government will contribute Rs 3.5 lakh per unit.
The Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) aims to deliver financial assistance to 1 crore urban poor and middle-class families to help them construct, purchase, or rent affordable housing in cities.
Officials express optimism about securing Central funds for rural areas under PMAY soon, as the list of beneficiaries for the Indiramma housing scheme is prepared and will soon be uploaded on the Centre’s website, a requirement set by the Union Housing and Urban Affairs Ministry for funding to states.