Odisha's government, led by Minister Krushna Chandra Mahapatra, announces a strategic pivot from land allocation to developing affordable LIG and MIG houses via PPP on 12.90 acres in Suango. Slum dwellers gain bank loans for homes priced Rs 15-50 lakh, tackling soaring Bhubaneswar real estate costs and urban housing shortages effectively.
Government housing initiatives deliver over 18,000 affordable units in Vadodara, forcing private developers to slash prices and reshape the entire real estate market.
Ranchi Municipal Corporation achieves 88% completion rate under PMAY-Urban, delivering 11,052 homes in a decade. Recent celebrations highlight progress, with PMAY 2.0 extending housing support until 2029.
Union Cabinet approves PMAY-Urban Phase II targeting 1 crore urban homes, including Rajkot, to address housing shortages and stimulate economic growth through affordable housing.
Pradhan Mantri Awas Yojana (Urban), launched in 2015 to provide housing for all in urban areas, has been extended to December 31, 2024, to complete approved houses.