11-06-2024 04:44 PM | Source: Square Yards
Comment on PM's approval of extending PMAY to 3 crore more homes by Mr Rajat Likhyani , Principal Partner at Square Yards

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Below the Comment on PM's approval of extending PMAY to 3 crore more homes by Mr Rajat Likhyani , Principal Partner at Square Yards

 

PMAY has been a crucial initiative in addressing the housing shortage across both urban and rural areas. The scheme offers essential credit-linked subsidies, helping eligible families to achieve homeownership and access basic amenities significantly improving their living conditions. In the last 10 years, the scheme has facilitated the completion of 4.21 crore homes. The Government of India’s recent decision to build an additional 3 crore rural and urban houses is a positive move, further promoting homeownership among economically weaker sections and low-income groups.

 

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