Feb 15 2016 | India Opportunities

States Yet To Allot Low Cost Houses

The Government of India has launched ‘Housing for All by 2022’’ Mission. It’s a National Mission for Urban Housing. The scheme targets housing in urban areas with following components/options to States/Union Territories and cities:-
a) Slum rehabilitation of Slum Dwellers with participation of private developers using land as a resource; 
b) Promotion of affordable housing for weaker section through credit linked subsidy; 
c) Affordable housing in partnership with Public & Private sectors and 
d) Subsidy for beneficiary-led individual house construction or enhancement.

   As part of the implementation, the concerned ministry has merged all the housing schemes such as JNNURM, RAY under the Pradhan Mantri Awas Yojana. The Government is targeting to build two crore low-cost houses including lakh slum redevelopment dwellings under the new scheme. The current challenge faced by the Government is to ensure that the States clear the allotment backlog of 2.45 lakh vacant houses across the country. The state of Maharashtra has around 52,966 low cost houses which are ready and not yet allotted, followed by 29,126 houses in Gujarat and 26,759 houses in Delhi among others.

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