PMAY WOMEN OWNERSHIP
In Phase 2 of PMAY Housing Scheme, women to get 100% ownership
The government is focusing on women's empowerment through the PMAY (rural) scheme. The scheme aims to provide 100% ownership of houses to women in its second phase. A new survey, Awas-Plus 2024, will identify beneficiaries. The survey includes a self-survey option for greater inclusivity. The government aims to complete the construction of two crore houses within one year.
Budget 2024: Transit oriented development, stamp duty reduction to boost housing sale
Lower stamp duties, especially for women, will boost real estate through digitization and rental housing. A Rs 10 lakh crore urbanization budget emphasizes Transit Oriented Development and affordable housing. Experts see positive effects for tiers 2 cities, modernization, and financial independence, supported by NAREDCO, Colliers India, Signature Global, and Vishal Raheja.
Housing Budget 2024: Sitharaman announces PM Awaas Yojana-Urban 2.0 with outlay of Rs 10 lk crore; measures for stamp duty highlighted
Union Budget: Finance Minister Nirmala Sitharaman, during her Union Budget 2024-25 presentation, highlighted the need to moderate stamp duty rates and promote urban development. She discussed encouraging states to reduce high stamp duty rates and considering further reductions for women purchasing properties. These initiatives are aimed at becoming integral components of urban development schemes.
PMAY-U 2.0 to build 1 crore houses in urban areas will be launched soon, says ministry officials
The Union Cabinet of Modi 3.0 government, in its first meeting held on June 10 under the chairmanship of Prime Minister Narendra Modi, approved government assistance for the construction of three crore houses under the PMAY.
Make India developed by 2047: Sitharaman charts ambitious course in budget 2024 speech
Budget 2024: FM Sitharaman emphasised the government's commitment to social justice as an effective and necessary model, focusing on addressing systemic inequalities with an emphasis on achieving socio-economic transformation through outcomes rather than outlays. She underlined the government's dedication to the welfare of the poor, women, youth, and farmers.
PM Modi hands over 15,000 homes under largest affordable housing project
Prime Minister Narendra Modi handed over 15,024 homes to economically weaker sections in Maharashtra's Solapur district, as part of the world's largest affordable housing project under PMAY-U. The project, spanning 350 acres, is divided into two phases and will construct a total of 30,000 flats across 833 buildings. Each dwelling unit costs Rs 6.10 lakh, including infrastructure priced at Rs 5,00,000.
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Anarock survey: 65 pc women prefer investing in real estate, 20 pc stocks, 8 pc gold & 7pc FDs
At least 65 per cent women respondents prefer to invest in real estate, followed by 20 per cent favouring the stock markets.
Women own majority of homes under PM's housing scheme, says report
Since June 2015, the government has approved Rs 2.03 lakh crore in central subsidy to 123 lakh homes, while the total investment needed for the scheme which seeks to build 20 million homes by 2022 is Rs 8.31 lakh crore. Of the approved funds, central assistance worth Rs 1.20 lakh crore have been released till FY22.
80 percent houses given under Prime Minister Awas Yojana are owned by women, says PM Modi
Prime Minister Narendra Modi also stated that since 2014, the Central government has approved the construction of over 1.13 crore houses in the urban areas under the Centre's PMAY scheme.
PM Modi slams oppn for 'slow work' on PM Awas; gives funds to 6L people
PM Narendra Modi lashed out at opposition parties in Uttar Pradesh on Wednesday over their 'lackadaisical' approach in implementing the Centre's housing scheme while lauding the Yogi Adityanath government in the state for its proactiveness that has led to houses being made under the Pradhan Mantri Awas Yojana (Rural) on a war footing.
NSS data shows jump in ¡®Housing for All¡¯ in 2018
A total of 16 million homes have been constructed since April 2014. Data shows that numbers of those living in semi-pucca houses has come down from 24.6% to 17.4% during the period. Those living in kutcha houses is down from 9.6% to 5.9%. In other words, 10.5 million rural households living in kutcha houses and dilapidated semipucca houses need a new habitat.
PMAY house must be in name of a female member: Urban development minister
Confirming this, Hardeep Singh Puri said here on Wednesday that allotment of a house under PMAY will be subjected to entitlement in the name of a female family member only.
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