Affordability + Quality

Real Estate

Five years after the implementation of the Housing for All by 2022 scheme, the Pradhan Mantri Awas Yojana (Urban) has made steady progress across states.

As Anuj Puri, Chairman, ANAROCK Property Consultants, tell us, “As in August 2020, a total of 1.06 crore homes had already been sanctioned in the country, of which 33 per cent or about 35.18 lakh homes have been completed while another 66.23 lakh units have been grounded for construction.”

A sharp 180 per cent rise in project completions was seen between December 2018 and early August 2020, from 12.58 lakh homes completed in December 2018 to over 35.18 lakh homes in August 2020. “Of the total homes