New Delhi: The Centre on Friday approved construction of 6.5 lakh houses under the Pradhan Mantri Awas Yojana (Urban), taking the total number of houses being funded under the scheme to over one crore.
Addressing a press conference, Union Housing and Urban Affairs Minister Hardeep Singh Puri said in the next three to four months, the ministry will sanction all the 1.12 crore houses, a target set by the government.
According to the ministry, a total of 57 lakh houses are in various stages of construction of which, nearly 30 lakh houses have been completed.
Ministry secretary Durga Shanker Mishra said that the PMAY has covered a range of social groups. Puri said that the implementation of PMAY (U), has induced a remarkable investment in the housing sector, especially in the affordable housing segment. (PTI)