[INDIA REAL ESTATE NEWS] Good morning, everyone. I’m Shashi kant shukla staff of Kamagroup. Here I have important INDIA REAL ESTATE news to share with you which is as mentioned under.
MUMBAI: Uttar Pradesh, Gujarat and Andhra Pradesh are the states that are leading the completion of homes with built under the government’s Pradhan Mantri Awas Yojna (Urban) or PMAY (U). Nearly 11.22 lakh homes are completed in these 3 states as on 2019-end, against just 3.62 lakh homes completed in 2018-end.
A total of 32 lakh homes completed by 2019-end across all states and union territories and these 3 states accounted for 35% of the overall share, showed the government data.
"The government's aggressive push towards achieving its target of ‘Housing for All by 2022’ has yielded tangible on-ground results. In 2015, it announced its intention of building around 1.12 crore homes under PMAY (U) by 2022, of which nearly 92% have already been sanctioned as on at the end of 2019,” said Anuj Puri, Chairman - ANAROCK Property Consultants.
Read more at https://economictimes.indiatimes.com/wealth/real-estate/up-gujarat-andhra-lead-pmay-u-homes-construction-by-2019-end/articleshow/73065909.cms
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