Centre has approved an investment of 9,005 crore rupees for construction of 73,205 houses for economically weaker sections in Maharashtra, Punjab and Jammu and Kashmir.
An official release said in New Delhi that an inter-ministerial Central Screening and Monitoring Committee, chaired by Ministry of Housing and Urban Poverty Alleviation (HUPA) Secretary Nandita Chatterjee, gave the nod for first batch of housing proposals during the current financial year.
These were also the first affordable housing proposals of the three states sanctioned under Prime Minister Awas Yojana (PMAY-Urban). The central assistance for construction of the houses will be to the tune of 1,080 crore rupees.
Maharashtra has been sanctioned a total of 71,701 houses in 10 cities at a total project cost of 8,932 crore rupees with central assistance of 1,064 crore rupees.
For Punjab, construction of 1,280 houses for in-situ slum redevelopment in Bhatinda was approved with a total investment of 57 crore rupees for which central assistance will be to the tune of 12.80 crore rupees.
For Jammu & Kashmir, construction of 224 houses has been approved with a total investment of 16.07 crore rupees with central assistance of 3.36 crore rupees. Under PMAY (Urban) launched in June last year, two crore houses for urban poor is to be built by the year 2022.