Union Minister of Housing and Urban Affairs Hardeep Singh Puri announced that the Pradhan Mantri Awas Yojana-Urban (PMAY-U) scheme has been extended up to next year, to complete all the houses sanctioned during the last financial year.
Around 123 lakh houses were sanctioned under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) during the last financial year, of which 68 lakh houses were completed till last month.
The central government has sanctioned Rs 2 lakh crore under the scheme, out of which Rs 1.36 lakh crore has been released so far.
PMAY-U launched on 25 June 2015 by the Government of India and it is being implemented by the Union Ministry of Housing and Urban Affairs.