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Andhra Pradesh Sanctions 17,912 Urban Houses Under PMAY-U 2.0
Andhra Pradesh has approved money to build 17,912 urban houses.
The houses will be built during the 2025-26 and 2026-27 financial years.
This is part of the PMAY-Urban 2.0 housing program.
Each house is expected to cost Rs 2.5 lakh.
The central government will pay Rs 1.5 lakh for each house.
The Andhra Pradesh government will pay the remaining Rs 1 lakh.
The full project is expected to cost Rs 447.8 crore.
If a house costs more than the approved amount, the beneficiary must pay the extra money.
Andhra Pradesh sanctioned 17,912 houses under PMAY-Urban 2.0’s Beneficiary-led Construction scheme.
The houses are approved for the 2025-26 and 2026-27 financial years.
The project has a total sanctioned cost of Rs 447.8 crore, with each house costing Rs 2.5 lakh.
The Government of India will provide Rs 1.5 lakh per house, while Andhra Pradesh will contribute Rs 1 lakh.
Beneficiaries must cover any additional construction costs exceeding the sanctioned unit cost.
- Who
- The Andhra Pradesh government, the Government of India, and beneficiaries under the PMAY-Urban 2.0 scheme.
- What
- Administrative sanction was granted for construction of 17,912 houses under the Beneficiary-led Construction scheme.
- Where
- Andhra Pradesh, with the announcement made from Amaravati.
- When
- The sanction covers the 2025-26 and 2026-27 financial years; it was announced on Monday.
- Why
- To provide financial assistance for constructing urban houses under PMAY-Urban 2.0.
Key facts
- Houses sanctioned
- 17,912
- Project period
- 2025-26 and 2026-27
- Total project cost
- Rs 447.8 crore
- Unit cost
- Rs 2.5 lakh per house
- Central assistance
- Rs 1.5 lakh, or 60%, per house
- State assistance
- Rs 1 lakh, or 40%, per house
- Additional costs
- Beneficiaries must bear costs above the sanctioned unit cost
Quotes
Hephsiba Rani Korlapati
Andhra Pradesh housing special secretary who issued the government order
“Government, after careful and detailed examination of the facts and circumstances reported by the Managing Director, Andhra Pradesh State Housing Corporation Limited ... hereby accords administrative sanction for construction of 17,912 houses with a unit cost of Rs 2.5 lakh and a project cost of Rs 447.8 crore under PMAY-Urban 2.0 BLC for 2025-26 and 2026-27.”
thehansindia.com
Sources
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