- Nearly 11.22 lakh homes are completed in these 3 states as on 2019-end, against just 3.62 lakh homes completed in 2018-end
- A total of 32 lakh homes completed by 2019-end across all states & UTs – these 3 states account for 35% overall share
- In December-end 2018, merely 12.58 lakh homes were completed across all states & UTs – nearly 19.42 lakh homes built in 2019
- UP topped out with nearly 4.30 lakh PMAY (U) homes completed by 2019-end; a year ago, just 68,660 homes were completed there
- Maharashtra, Madhya Pradesh & Tamil Nadu follow closely with over 8.69 lakh homes completed under PMAY (U)
- By 2019-end, nearly 9.33 lakh homes have already been occupied in UP, Gujarat & Andhra Pradesh
Mumbai, 2 January 2020: The current government’s most hyped scheme – PMAY (U) – is getting visible traction across all states and UTs. Among them, Uttar Pradesh, Gujarat and Andhra Pradesh are clear winners with nearly 11.22 lakh homes completed in the three states by 2019-end. Last year at this point, these three states had just 3.62 lakh homes completed.
In total, nearly 32 lakh homes have been completed under PMAY (U) across the country by 2019-end and another 28.42 lakh homes are already occupied.
Anuj Puri, Chairman – ANAROCK Property Consultants says, “The government’s aggressive push towards achieving its target of ‘Housing for All by 2022’ has yielded tangible on-ground results. In 2015, it announced its intention of building approx. 1.12 crore homes under PMAY (U) by 2022, of which nearly 92% have already been sanctioned as on at the end of 2019. Timely construction remains a challenge, but the introduction of new and effective technologies such as prefabricated construction can help achieve this target within the stipulated deadline.”
As of 27th December 2019, data by Ministry of Housing and Urban Affairs indicates that UP, Gujarat and Andhra Pradesh together comprise a share of nearly 35% of the total 32 lakh completed homes under the PMAY (U) scheme.
Individually, UP leads, standing head and shoulders above the rest in terms of completion of homes under the PMAY (U) scheme, recording the highest number of completed homes. Exactly a year ago, the state had just 68,660 homes completed – December-end 2019 sees nearly 4.30 lakh homes completed. In short, UP saw nearly 3.61 lakh PMAY (U) homes constructed in 2019. Another 4.31 lakh homes are already occupied by PMAY (U) beneficiaries – the highest among all states & UTs.
Gujarat came a close second with over 3.69 lakh homes completed as on 27th December 2019. In the corresponding period of 2018, merely 1.66 lakh homes had been completed. Another 3.32 lakh homes are already occupied by scheme beneficiaries as on 2019-end.
Andhra Pradesh ranks third with over 3.23 lakh homes completed in the state by 2019-end, as against around 1.27 lakh homes completed in the same time-frame in 2018.
In the North-Eastern states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, as many as 72,860 PMAY (U) homes were completed by 2019-end. By 2018-end, just 24,915 homes had been completed.
Sanctioned Homes – AP & UP Top the List
An analysis of the data for homes sanctioned under the PMAY (U) scheme across states & UTs reveals that Andhra Pradesh has seen a massive jump. In December 2018, merely 9.65 lakh homes were sanctioned in this state. As on 2019-end, a whopping 20.05 lakh homes have been sanctioned – the highest among all states.
Uttar Pradesh follows next with more than 15.71 lakh homes sanctioned under PMAY (U) as on 2019-end. Last year, the number of sanctioned homes in the state stood at 7.61 lakh units.
These two states saw the most activity under the PMAY (U) scheme in 2019.
PMAY (U) State-wise Progress (as on 27th December 2019)
Danube Properties’ Dh525 million Opalz sold out on the first day of launch
October 4, 2022: Danube Properties, the UAE-based affordable housing developer, said, its latest project Opalz, a twin-tower residential project with...
Pacific Mall D21’s ‘Dussehra Celebrations’ drops the curtain with high attendance
New Delhi: Pacific Mall D21 organised a two-day Dussehra celebration and Garba Night, attracting massive turnouts. The special arrangement of...
Tata Value Homes sells over 100 residential units at New Haven, Bahadurgarh at launch
Delhi/Haryana October 4, 2022: With an aim to address the growing demand for quality homes in Haryana – Bahadurgarh, Tata...
Welspun Corp opens steel plant in Anjar
October 3, 2022, Anjar, Gujarat: Welspun Metallics Limited, a subsidiary of Welspun Corp Limited (WCL), the flagship company of the Welspun...
Over 1500 cyclists join Hiranandani Thane Cyclothon 2022 to support ‘Rhyme for Earth’ initiative
October 2, Thane: The Hiranandani Group hosted the first Hiranandani Thane Cyclothon today from its thriving Thane township, Hiranandani Estate. Over...
Ashiana Housing adds over 900 senior living units with Villas and Apartments with the launch of Ashiana Advik in Bhiwadi
New Delhi, October 3, 2022: New Delhi-based real estate developer Ashiana Housing has announced the launch of Ashiana Advik in Sector 39, Bhiwadi....
Developers Speak3 weeks ago
Festive season to spurt bookings: Experts
Developers Speak3 weeks ago
Chandni Chowk at the Centrepiece in tune with the wave of Commercialisation
Report4 weeks ago
Private equity inflow in PropTech firms up 5% to $270 mn in H1 2022: Housing.com
News4 weeks ago
BHIVE receives Rs 240 cr commitments for its ₹ 400 cr Real Estate Fund
New Launches4 weeks ago
Makemyhouse.com expands in India, introduces partner program in 60 cities
Developers Speak4 weeks ago
With Flight Testing in MOPA Airport, spotlight turns to North Goa
Report3 weeks ago
Shop-cum-Office segment grows 30-40% in the past 12 months: 360 Realtors’ study
Report3 weeks ago
Coworking share in office real estate up at 20% in H1 2022 from 6% in 2021: Report