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Pradhan Mantri Awas Yojana (Urban) (more emphasis on reforms (stamp duty…
Pradhan Mantri Awas Yojana (Urban)
Nodal Ministry
30.76 lakh houses sanctioned for urban poor
15.65 lakh houses at various stages of construction
4.13 lakh houses constructed so far
Ministry of Housing and Urban Affairs
signed an implementation agreement with German firm GIZ
transport projects in Kochi, Coimbatore and Bhuvaneshwar
sustainable urban transport
under Smart City Mission
Demand for housing pegged at 12 million
more emphasis on reforms
stamp duty exemptions
single window clearance
remove bottlenecks and roadbloacks
In-situ Slum Rehabilitation
Affordable Housing in Partnership Verticals
provide houses to all poor in urban areas by 2022
initial focus on 500 class I cities
intended benificiaries
BPL people
Economically Weaker Sections (EWS)
Low Income Group (LIG)
also targets
Middle Income group (MIG)
Government subsidies ranging from 1 lakh to 2.30 lakh
Credit Linked Subsidy Scheme
for Middle Income Group (MIG)
enhance the scope and coverage of the PMAY-U
provide subsidy to buy house