Will the Minister of HOUSING AND URBAN AFFAIRS be pleased to state:
(a) whether it is a fact that the Private Builders didn’t show much interest in providing affordable house for the citizens;
(b) if so, the details and the reasons therefor;
(c) whether the Government is planning to launch any scheme to encourage private builders to provide affordable houses; and
(d) if so, the details thereof and the response from the Private Builders in this regard?
THE MINISTER OF STATE IN THE MINISTRY OF HOUSING & URBAN AFFAIRS
(RAO INDERJIT SINGH)
(a) to (d): Government has launched Pradhan Mantri Awas Yojana (Urban) [PMAY(U)] Mission on 25.06.2015 to provide central assistance to the implementing agencies through States and UTs for providing houses to all eligible families/beneficiaries. The Mission comprises four components viz., In-Situ Slum Redevelopment (ISSR); Affordable Housing through Credit-Linked Subsidy; Affordable Housing in Partnership (AHP); and Subsidy for Beneficiary-Led Individual Housing Construction (BLC).
PMAY (U) Mission envisages private sector participation under the Affordable Housing in Partnership and Slum Redvelopment components of the mission. A central grant of Rs. 1 lakh per house on average under the slum redevelopment programme and @ 1.5 lakh per EWS house under the AHP component is admissible under the mission.
Details of project proposals accepted under AHP component of PMAY (U) mission (including subsumed RAY projects) and ISSR Component of PMAY (U) Mission, are at Annexure.
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