PM Awas Yojana Andhra Pradesh – Govt to Construct 1.2 Lakh Houses

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Pradhan Mantri Awas Yojana

PM Awas Yojana Andhra Pradesh – The Central Government is going to construct 1.2 lakh affordable housing units for poor, including slum-dwellers in the state soon under its ambitious scheme ‘Pradhan Mantri Awas Yojana-Housing for all (urban)’ / PM Awas Yojana Andhra Pradesh. Recently, the central government has sanctioned about Rs 50 crore to the Andhra Pradesh towards the first installment of Central assistance for the financial year 2016-17.

Details of PM Awas Yojana Andhra Pradesh

Besides this, the Andhra Pradesh Government accorded administrative allocation for utilization of Rs 49.64 crore as supplementary grant during the financial year 2017-18. Both the Central and the state governments will provide Rs 1.5 lakh each for each housing unit.

AP Township and Infrastructure Development Corporation (APTIDCO) are set to be the nodal agency for implementation of the PMAY. Apart from this, the Finance Department sanctioned budget release order on Friday for Rs 49.64 crore.

Under the Pradhan Mantri Awas Yojana – Housing for All Urban, two types of dwelling units are there for the people of EWS Category. Under EW-1, the required minimum capital area is 27 square meters and the income eligibility is Rs 1.2 lakh per year.

Read More: Pradhan Mantri Awas Yojana Latest News Updates

For EW-2 type houses, it is up to 30 square meters and the annual income is set between Rs 1.21 lakh and Rs 3 lakh.

Although, there are concerns over the rise in the price of housing to homeless poor in the capital city, Amaravati, and other parts of State may force them into indebtedness as Municipal Administration and Urban Development is determined to implement high rates (SSR 2016-17) to those houses.

The price set by MAUD of about Rs 1,900, Rs 1,800 and Rs 1,700 per sq ft depends on the extent of houses and will be a large burden on the poor. They have to repay between Rs 2.9 lakh and Rs 4 lakh to banks as loan amount and also spend between Rs 50,000 and Rs 1 lakh on their own.

News Source: http://www.thehansindia.com/posts/index/Andhra-Pradesh/2017-08-21/Centre-releases-Rs-50-cr-for-housing-scheme/320479

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