PMAY house construction work begins at Naya Raipur

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The construction of 6,500 houses out of 40,000 houses to be built as part of ‘Pradhan Mantri Awas Yojana’ (PMAY) has begun in Naya Raipur.

Moreover, the ‘Mukhya Mantri Awas Yojna’ focused at providing low-cost housing for economically weaker sections and lower income groups has also been included under PMAY, an official press statement informed.

Chhattisgarh is the first State in

India to begin the scheme and Prime Minister Narendra Modi had dedicated this scheme to the nation on February 21 this year in Naya Raipur.  

Between February 21 and April 30, 2016 about 5,000 beneficiaries have applied for EWS and lIG houses out of which over 2,500 applicants have been allocated houses, the statement informed. 

Meanwhile, for extending the benefits to more people the registration process has been restarted. The application for schemes will be available at all Chhattisgarh Housing Board (CGHB) offices by August 31, 2016.

It may be recalled that  a total of nine cities of Chhattisgarh have been selected for funding under PMAY involving total Central assistance of Rs 190 crore as on May 18, 2016, officials informed.

As per the latest project details, a total of 11 proposals have been considered by the Central Government under PMAY during the aforesaid period.

The houses for EWS have been sanctioned under the ‘Affordable Housing in Partnership’ component of PMAY.

The Central Sanctioning Committee had approved central assistance of Rs 190 crore for these 12,670 EWS houses @ Rs 1.50 lakh as per Mission Guidelines. lIG houses will be built under Credit linked Subsidy component of Housing Mission for which Central Nodal Agencies –National Housing Bank and HUDCO (Housing and Urban Development Corporation) have been authorized to provide interest subsidy @ 6.50% on loans up to Rs 6.00 lakh for each eligible beneficiary for a loan tenure of 15 years.

The Committee also approved release of first installment of Rs 76 crore to Chattisgarh government. The State Urban Development Agency is the nodal agency for housing mission while Chattisgarh Housing Board (CGHB) is the implementing agency.

Affordable Housing in Partnership (AHP) is meant only for beneficiaries belonging to EWS under which  per cent of the houses proposed to be built shall be reserved for EWS with project size of minimum of 250 houses.

Daily Pioneer
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