Cabinet extends urban housing scheme till 2024
Real Estate

Cabinet extends urban housing scheme till 2024

The Union Cabinet has approved the extension of the Pradhan Mantri Awas Yojana (Urban), the flagship urban housing scheme, until December 31, 2024. The original deadline for the scheme, which aims to provide affordable housing with incentives, launched in 2015, had been March 2022.

The original deadline for the scheme, which aims to provide affordable housing with incentives, launched in 2015, had been March 2022. It had been launched with the goal of achieving housing for all by 2022. The total amount of central assistance approved since 2015 is Rs 2.03 trillion. According to reports, Rs 1.18 trillion in central assistance or subsidies have already been released up to 31 March 2022, and Rs 85,406 crore will be released by 31 December 2024. The extension of the scheme based on requests by the state and union territory until December 31, 2024, will aid in the completion of already sanctioned houses.

Also read:
Minister highlights steps taken to control housing costs
Towards affordable and sustainable rental housing


The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The Union Cabinet has approved the extension of the Pradhan Mantri Awas Yojana (Urban), the flagship urban housing scheme, until December 31, 2024. The original deadline for the scheme, which aims to provide affordable housing with incentives, launched in 2015, had been March 2022. The original deadline for the scheme, which aims to provide affordable housing with incentives, launched in 2015, had been March 2022. It had been launched with the goal of achieving housing for all by 2022. The total amount of central assistance approved since 2015 is Rs 2.03 trillion. According to reports, Rs 1.18 trillion in central assistance or subsidies have already been released up to 31 March 2022, and Rs 85,406 crore will be released by 31 December 2024. The extension of the scheme based on requests by the state and union territory until December 31, 2024, will aid in the completion of already sanctioned houses. Also read: Minister highlights steps taken to control housing costsTowards affordable and sustainable rental housing

Next Story
Building Material

Concrete Roof Leaks? Here's Your DIY Guide to Waterproofing and Repair

Monsoon rains in India are a blessing for many, bringing much-needed relief from the scorching summer heat. However, they also bring challenges, especially for homeowners. Concrete roofs are susceptible to leaks, seepage, and dampness, which can cause significant damage if not addressed promptly.The monsoon season in India can be both a boon and a bane. While it replenishes water bodies and nourishes crops, it also poses severe challenges for homes. Constant exposure to heavy rains can lead to:Roof Leaks: Water seeping through cracks and pores in the concrete, leading to dripping ceilings and ..

Next Story
Real Estate

Museum of Memoirs

The Smritivan Earthquake Memorial Museum in Bhuj, Gujarat, has been honoured as one of the world’s seven most beautiful museums globally by UNESCO’s Prix Versailles Award for Architecture and Design. Smritivan (Forest of Memories) is the first museum in India to receive international recognition for its adherence to local culture, environmental conservation and sustainable practices. These annual awards honour exceptional architecture and design on a global scale with categories spanning different sectors such as airports, campuses, passenger stations, sports facilities, museums, emporiums..

Next Story
Infrastructure Urban

CE industry: Need 200,000 operators annually

As India undertakes transformative infrastructure projects, the need for a skilled workforce is more critical than ever. While the construction industry is a major economic contributor, it faces challenges in workforce development, especially with a significant portion operating informally and lacking formal training. CONSTRUCTION WORLD and Equipment India organised a panel discussion featuring industry leaders discussing the urgent need for skilling in the construction equipment sector. Here are some highlights.Growing demand for skilled labourThe construction and engineer..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000