Pradhan Mantri Awas Yojana – Housing for All by 2022

Since the new central government under the leadership of Prime Minster Narendra Modi took charge of governing the country, various initiatives have been announced. Some of the initiatives are ‘Make in India’, Digital India, Skill India, Start-up India, smart cities, Housing for all, etc. Work has started on all these initiatives and deadlines have been set for each program.

Housing for all by 2022 is an initiative under which every household will have pucca house with 24x7 electricity supply, water connection, and toilet facilities. The mission started from 17th June 2015 and will be under implementation in 3 phases till 31st March 2022. The 3 phases are:

1. Phase 1 – Beginning from April 2015 to March 2017. Phase 1 will cover 100 cities states/UTs as per their willingness.
2. Phase 2 – Beginning from April 2017 to March 2019. This phase will cover another 200 cities.
3. Phase 3 – Beginning from April 2019 to March 2022. This phase will cover another 200 cities.

In all 500 Class I cities would be covered under this ‘Housing for all’ mission. Each house will have a carpet area of about 30 square meters. However, states/UTs will have the flexibility to determine the size of the house and basic amenities.

The mission will be implemented using following 4 methodologies:

1. In Situ slum redevelopment
2. Affordable housing through credit linked subsidy
3. Affordable housing in partnership with public sector or private sector
4. Subsidy for beneficiary led individual house construction

Find below the detailed ‘Housing for all by 2022’ report:

Pradhan mantri awas yojana – housing for all by 2022 from Green Realtech Projects Pvt. Ltd

Source: National Housing Bank