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Pradhan Mantri Awas Yojana (PMAY) is a credit-linked subsidy scheme by the Government of India to facilitate access to affordable housing for the low and moderate-income residents of the country. It envisaged a target of building 2 crore (20 million) affordable houses by 31 March 2022.
The first urea subsidy scheme was in 1977 in the form of Retention Price cum Subsidy scheme (RPS). From ₹ 4,389 crore (US$2.51 billion) in 1990 to ₹ 75,849 crore (US$17.43 billion) in 2008. As %ofGDP this is an increase from 0.8% to 1.5%.
The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
[6] The organisation provides finance for setting up of new towns and also works as consultancy services for the projects of designing and planning relating to Housing and Urban Development programs in India as well as abroad. HUDCO won UN-Habitat Scroll of Honour Award for the contributions to the development of housing in 1991. [7]
Maharashtra Housing Development Corporation (MahaHousing) was registered in 2019 under Indian Companies Act 2013. Maharashtra Government runs affordable housing schemes under MahaHousing with the help of Government of India. It is part of the Pradhan Mantri Awas Yojana under which government provides an interest subsidy. [5] [6]
The Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) is a flagship rural housing scheme by the Government of India, aimed at providing "Housing for All" by 2022. The scheme has been extended to 2028-29, with a target to construct an additional 2 crore houses. In 2025, a new survey is being conducted to identify additional eligible rural households.
View from Vikas Minar, ITO.The majority of the offices of the Planning and Architecture Department, DDA are located here. View from the 14th Floor, Vikas Minar, ITO. The Delhi Development Authority (DDA) is a statutory body established under the Delhi Development Act, 1957, under the jurisdiction of the Ministry of Housing and Urban Affairs, Government of India to "promote and secure the ...
The Ministry of Housing and Urban Poverty Alleviation was a ministry of the Government of India responsible for urban poverty, housing, and employment programs. It involved in national policy decisions and coordinates with Indian central ministries , state governments, and central sponsor programs.