India, Jan. 31 -- Economic Survey 2024-25 said on Jan 31 that as many as 1.18 crore houses have been sanctioned to beneficiaries of The Pradhan Mantri Awas Yojana - Urban (PMAY-U), and over 89 lakh have been completed.

The government launched PMAY-U in 2015 to provide permanent housing in urban areas. In September 2024, PMAY-U 2.0 was launched to assist an additional one crore households.

The Economic Survey said 29 states and union territories have signed agreements to implement PMAY-U 2.0, and approval has been granted for 6 lakh houses in FY 25.

"As of November 25, 2024, a total of 1.18 crore houses have been sanctioned, with 1.14 crore grounded and over 89 lakh completed," the pre-budget document for the 2024-25 fiscal said.

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