Government approves construction of 3.61 lakh houses under PMAY-U – ET RealEstate

NEW DELHI: The Central government on Wednesday gave approval to 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana-Urban (PMAY-U)– another move with the objective of providing pucca houses to all eligible beneficiaries of Urban India by 2022 with the vision of ‘Housing for All’.

The decision was taken at the 54th Meeting of the Central Sanctioning and Monitoring Committee (CSMC) under PMAY-U held here. The meeting was attended by 13 states and the Union Territories (UTs). This was the first CSMC meeting during the second wave of Covid-19 pandemic.

These houses are proposed to be constructed across beneficiary led construction and affordable housing in partnership verticals.

With this, as on date, the total number of sanctioned houses under PMAY(U) is now 112.4 lakh and so far, 82.5 lakh have been grounded for construction of which 48.31 lakhs have been completed and delivered.

Total investment under the mission is Rs 7.35 lakh crore, which has Central assistance of Rs 1.81 lakh crore of which Rs 96,067 crore of funds have been released.

Ministry of Housing and Urban Affairs (MoHUA) has laid renewed emphasis to accelerate housing construction and completion across the country within stipulated time under PMAY(U).

“The demand for sanction has saturated in all states and UTs. Utilisation of unused funds and ensuring completion of the projects within stipulated time is our prime focus now,” said Durga Shanker Mishra, Secretary (MoHUA), at the meeting.

The states and the UTs also put in their proposals for revision of projects due to various issues such as, of land, topographical hazards, inter-city migration, change of preferences of verticals and loss of lives.

Addressing the participating states and the UTs, Secretary, MoHUA, laid emphasis on six Light House Projects (LHPs), the foundation stones of which were laid by Prime Minister in January this year.

The LHPs are being constructed at Agartala, Chennai, Lucknow, Ranchi, Rajkot and Indore. “These LHPs should galvanize all concerned departments involved in construction. Use of cutting-edge technology should be replicated and scaled up,” said the Secretary.

Secretary, MoHUA, also inaugurated a newly constructed Demonstration Housing Project (DHP) in Panchkula, Haryana which will be used as a working woman hostel on rental basis.

Under Technology sub mission of PMAY-U, six DHPs have been completed so far and seven are being constructed in different parts of the country.

DHPs are model housing projects built with new or alternate technology that not only showcase field level application of the technology but also used as platform to impart on-site orientation and training to practitioners and students in the housing sector on the application and use of such technology.

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Corporate offices in six districts of Haryana to be closed till May 3 – ET RealEstate

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GURUGRAM: In view of the spike in Covid cases, the Haryana government announced that all IT sector and corporate offices in six districts — Gurugram, Faridabad, Hisar, Panchkula, Karnal and Sonepat, would remain closed till May 3 up to 9 p.m.

Also, the government offices in all districts will operate with 50 per cent strength. Even the industry has been asked to work in shifts.

According to an order released by the chief secretary-cum-Chairperson Vijay Vardhan, no lockdown would be imposed in Gurugram and Faridabad. “Work-from-home should be followed, amid rise in covid infections,” he said.

An order in this regard was released late on Saturday night.

All private hospitals have been asked to reserve 50 per cent beds for Covid patients. Earlier, the reservation was 40 per cent.

After 6 p.m., the markets have been ordered to be closed. The maximum gathering in indoor programs has been reduced to 50 from 200.

According to the order, the Deputy Commissioners (DCs) have been authorized to impose Section 144 wherever required. They have been asked to deal strictly wherever the cases are higher.

Disobeying government order will initiate action against the offenders under relevant sections of the IPC, the order said.

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Punjab-based Motia Group to invest Rs 150 crore in a residential project – ET RealEstate

Punjab-based real estate developer Motia group will invest Rs 150 crore to develop a residential project in Zirakpur, adjoining Sector 20, Panchkula.

Spread over 7 acres, the project will have 272 units of different composition.

“With Chandigarh on the map for NRIs, the opening of properties in Zirakpur near Airport Road has provided them with the opportunity to expect high returns on their investment. It also has excellent access to key places, nearby tourist attractions, and high quality of life, making it a popular place to buy/invest,” said LC Mittal, Director, Motia Group.

Adjoining a forest cover of approximately 300 acres, the premium residential project is expected to attract investment from people due to the potential of high returns.

“Property investment is secure because you will receive returns on your capital, whether through rental or capital appreciation; capital appreciation is predicted to range between 10% and 12% in the short term,” Mittal added.

In phase I, the group will deliver 72 units out of the total 272 units.

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Panchkula residents complain of inflated property tax & poor civic amenities – ET RealEstate

PANCHKULA: The residents of Sector 20 have complained to the municipal commissioner that they have inflated property tax bills on top of poor civic amenities.

Sector 20 resident welfare association (RWA) president K K Jindal said: “The Panchkula MC has miscalculated our property tax and served a notice to even those who have made the payment. First it fails to maintain its books and then it tries to hide its mistake. Then it has the gall to even ask us for interest.”

The RWA alleges that at the time of buying houses, its members give property tax and all required fee to the MC and Huda (Haryana Urban Development Authority) but never get the multiple promised facilities.

They said the MC had no right to demand property tax for the period before these neglected sectors were transferred to it from HUDA.

Behind this anger is the frustration of being denied basic amenities. Jindal said the laying of sewerage alone was pending for 25 years, while the house buyers had to bear the foul smell of the dumping ground, besides the charges for installing electricity transformers.

People have requested the MC commissioner to wirthdary the tax notice to collect this levy from the date they shifted to the MC from Huda. Jindal said: “We ask for basic facilities that the authorities have denied us for long. They should take our pain seriously.”

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