The Maharashtra government has announced that they will develop about 1.2 million houses for the poor across the State under the Pradhan Mantri Awas Yojana (PMAY) by 2020. Initially, the State government was supposed to complete all houses under the scheme by 2022.
Under the PMAY housing mission, the Central Government will shell Rs 1.5 lakh to all people living under below poverty line (BPL) to build pucca houses. As per statistics, about 10 million such beneficiaries have been identified across the country in the Socio-Economic Census (SEC) conducted back in 2011.
At the beginning of the mission, each State has been given annual housing targets, ranging from two lakh to five lakh units. Targets have been set based on the number of BPL families in the State. Maharashtra has nearly 1.2 million such families. The State government has informed about the construction of over two lakh units across the State.
Under PMAY, Central Government has approved the development of over 51 lakh houses in urban centres across the country in the last three years.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. 99acres does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.