Govt striving to ensure ‘Housing for all by 2022’ under PMAY (urban) scheme: Naidu

Govt striving to ensure ‘Housing for all by 2022’ under PMAY (urban) scheme: Naidu

New Delhi, Apr 20: Lauding the government for its initiative of “Housing for All by 2022″, Minister of Housing and Urban Poverty Alleviation M Venkaiah Naidu today asserted that under the‘Pradhan Mantri Awas Yojana, the Modi government is promoting affordable housing through various measures like granting Infrastructure Status for this segment, concessions like exemption of profits from affordable housing projects from Income Tax among others.

Naidu said,”the Modi government did more for housing urban poor in three years than what was done in previous 10 years.”

He said ,”To ensure housing for all, Prime minister Narendra Modi launched ‘Pradhan Mantri Awas Yojana (Urban) under which 17,73,533 affordable houses have been approved for 2,008 cities and towns in the last less than two years as against 13,82,768 sanctioned for 1,061 cities in the earlier 10 years.”

Listing the major measures taken by the Modi government in the last three years, Mr Naidu said,” An investment of Rs 96,266 cr has been approved so far for construction of houses for urban poor as against Rs.32,713 cr during 2004-14; Central assistance of Rs 27,883 cr has already been approved for release to States/UTs under PMAY (Urban) as against Rs. 20,920 cr during the ten years of previous government.

”Also, PMAY(Urban) has been extended to Middle Income Groups there by benefitting people with annual incomes up to Rs 18 lakhs, covering large sections of the society”, he noted.

Naidu stated that to promote private investments in affordable housing on a large scale, his Ministry is considering to extend central assistance of Rs.1.50 lakh per each eligible beneficiary belonging to Economically Weaker Sections under projects taken up even on private lands. So far, the Ministry has approved construction of 5,83, 427 houses under Affordable Housing in Partnership component of PMAY(Urban) only with State Governments partnership.

Elaborating on the strategy to meet the Housing for All target by 2022, Naidu informed that 15 States/UTs are being targeted to meet the target by 2019. These include Kerala, Himachal Pradesh, Jammu and Kashmir, Arunachal Pradesh, Manipur, Meghalaya, Nagaland, Sikkim, Tripura, Andaman and Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Daman and Diu and Puducherry.

”Other large States have been asked to submit housing proposals by end 2018 so that construction of houses could be completed by the targeted 2022”, he remarked.

The Minister further informed that within 22 months of launch of PMAY (Urban), 97,489 houses have been constructed for urban poor. Mr Naidu informed that a National Urban Rental Housing Policy would be soon announced to meet the needs of migrant workers, students, single working women among others.

The policy outlines measures to be taken to encourage investments in Social Rental Housing with government support and Market Driven Rental Housing without government support. The Minister said rental housing would be an effective complement to the Housing for All mission.

Venkaiah Naidu informed that the remaining 32 Sections of Real Estate Act, 2016 have been notified recently relating to registration of ongoing projects that have not received Completion Certificate, penalties for non-compliance among others which would be effective from first of next month.

The Minister urged the States/UTs to ensure that Real Estate Rules and other institutional infrastructure were in place by the stipulated time failing which they would come under public pressure.

Asserting that housing of urban poor has received unprecedented attention from the Government, Naidu said “ The Government led by Prime Minister Narendra Modi has done what was required and the ball is now in Chief Ministers’ courts to ensure Housing for All by 2022”. (UNI)

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