Too few takers for PMAY houses as beneficiaries fight financial distress, Real Estate News, ET RealEstate

PUNE: A month after Pune Municipal Corporation (PMC) announced beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), only 241of the 2,900 named have completed the booking process for their new homes. Most of the others are struggling to cough up the initial 10 per cent amount they’re required to, to do the booking. But now, […]

Uttarakhand government to provide houses to over 84,700 under PMAY-G by 2022, Real Estate News, ET RealEstate

DEHRADUN: The Uttarakhand government on Friday said it would provide houses to 84,726 beneficiaries under Pradhan Mantri Awas Yojana (Gramin), or PMAYG, by March 2022. “At least 84,726 people of the state will be benefited under the PMAYG by 2022,” Uttarakhand Minister of Urban Development and Housing Madan Kaushik said on Friday during a virtual […]

Pune civic body’s affordable housing lottery on October 24, Real Estate News, ET RealEstate

PUNE: The lottery for affordable houses offered by the civic body as part of the Pradhan Mantri Aawas Yojana will be held on October 24 and would be streamed live on the PMC’s official website. Over 20,000 applications have been received by the Pune Municipal Corporation (PMC) for 2,918 flats available in areas like Kharadi, […]

Nagpur Improvement Trust to hold lottery for PMAY houses again, Real Estate News, ET RealEstate

File photo NAGPUR: Civic agency Nagpur Improvement Trust (NIT) has decided to hold lottery for its tenements built under Pradhan Mantri Awas Yojana (PMAY) as many applicants could not get bank loan during Covid lockdown. Addressing a press conference on Wednesday, NIT trustees Bhushan Shingane and Vijay Zalke said out of 4,479 PMAY tenements, only […]

Over 1,900 new pukka houses under construction in Jammu &Kashmir’s Rajouri, Real Estate News, ET RealEstate

RAJOURI: The construction of over 1,900 new pukka houses is underway for families below the poverty line in the far-flung hilly areas of Dharsakri village in Jammu and Kashmir‘s Rajouri district. The houses are built under the Pradhan Mantri Awas Yojana (PMAY). Nearly all the people of the village live in kaccha houses and face […]

DDA proposes maximum FAR of 300 on land meant for rehabilitation of squatters, Real Estate News, ET RealEstate

NEW DELHI: Seeking to make Pradhan Mantri Awas Yojana financially viable and feasible, the DDA on Tuesday proposed to allow a maximum floor area ratio (FAR) of 300 on the remunerative component of any land area meant for rehabilitation of squatters, with a flexible mix of uses, officials said. The existing provision in Master Plan […]

Deadline for PMAY house registration extended to October 31, Real Estate News, ET RealEstate

LUCKNOW: Lucknow Development Authority has extended the last date of registration of flats under the Pradhan Mantri Awas Yojna (PMAY) from September 30 to October 31. According to LDA officials, the decision has been taken because of low number of registrations (only 976) until now owing to the Covid-19 pandemic. Under the scheme, 4,512 flats […]

Prime Minister, Real Estate News, ET RealEstate

Prime Minister Narendra Modi. (Reuters Photo) BHOPAL: Prime Minister Narendra Modi on Saturday said the average time of building a house under the Pradhan Mantri Awas Yojana (PMAY-Gramin) came down to 45 to 60 days during the pandemic from 125 days as migrants, who returned home during the lockdown, also contributed towards it. He said […]

Madhya Pradesh transfers Rs 102 crore to 68,000 PMAY beneficiaries, Real Estate News, ET RealEstate

BHOPAL: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday said that Rs 102 crore were being transferred to 68,000 beneficiaries under the Prime Minister Awas Yojna (PMAY). In a virtual meeting with beneficiaries, the CM observed that the lives of the poor in the state was improving. “We are transferring Rs 102 crore in […]

Kerala chief minister launches 1,022 homes of LIFE Mission, Real Estate News, ET RealEstate

THRISSUR: Even when controversies are raging over Life Mission’s flat project at Wadakkanchery, chief minister Pinarayi Vijayan inaugurated 1,022 houses constructed in collaboration with the Mission at Kodungallur on Thursday. According to municipal chairman K R Jaithran, houses with a maximum floor area of 600sqft were constructed in two years. The project, roughly estimated at […]

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