New Delhi, Oct. 15 -- About 1.2 crore houses were sanctioned to be constructed under the Pradhan Mantri Awas Yojana--Urban (PMAY-U) and PMAY-U 2.0 upto August and the construction of 75pc of the houses has been completed, the State bank of India (SBI) said in a report today.
Most of the states have a progress rate of 75pc or more. There are some states where progress is less than 60 pc (like Andhra Pradesh, Bihar and Haryana).
The Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) was launched in 2024 to provide central assistance to one crore eligible urban families, ensuring that citizens of urban India enjoy an improved quality of life.
Eligible families belonging to the EWS, LIG and MIG categories living in urban areas, without a pucc...