Centre approves construction of 30,000 houses on a private land

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The Central government has confirmed the construction of 30,000 residential units for the urban poor on private land in Maharashtra’s Sholapur. Apparently, this is first of its kind project taken up on private land under Pradhan Mantri Awas Yojna (Urban).

The centre’s assistance of Rs 450 crore has also been approved by The Housing and Urban Affairs Ministry. The total cost of the project is estimated at Rs 1,811 crore of which State Government has agreed to provide assistance of Rs 300 crore.

The State Level Sanctioning and Monitoring Committee (SLSMC), which is set up under PMAY (U), will oversee the implementation of the project.

Raynagar Cooperative Housing Federation, Sholapur, had applied for the proposal of constructing 30,000 residential units for its members which consists of workers in textiles, beedi industries, and several other urban populations who cannot afford proper housing and belong to Economically Weaker Sections (EWS).

The government scheme of PMAY (U), which has set a target to provide affordable housing to all by 2022, was so far applicable to build projects on land belonging to state or municipal corporations, but for the first time, the project is being implemented on a private land.