NEW DELHI: A total of 1.18 crore houses have been sanctioned under the Pradhan Mantri Awas Yojana-Urban (PMAY-U), the Economic Survey 2024-25 said on Friday.
Launched in 2015 to provide permanent housing in urban areas, PMAY-U saw its second phase (PMAY-U 2.0) roll out in September 2024 to assist an additional 1 crore households.
“As of November 25, 2024, 1.18 crore houses have been sanctioned, with 1.14 crore grounded and over 89 lakh completed,” the pre-budget document stated.
Currently, 29 states and union territories have signed agreements to implement PMAY-U 2.0, with approval granted for 6 lakh houses in FY25.
Urban infrastructure push
The Economic Survey highlighted rapid expansion in metro and rapid rail transit systems, operational or under construction in 29 cities. A total of 1,010 kilometres are currently operational in 23 cities, with another 980 kilometres underway.
As of January 5, 2025, 62.7 km were operationalised in FY25, with daily ridership reaching 10.2 million. These systems have contributed to savings in emissions, time, vehicle operating costs, accidents, and infrastructure maintenance.
The Atal Mission for Rejuvenation and Urban Transformation (AMRUT), launched in 2015, has helped improve urban water management across 500 cities.
Water Coverage
Tap water coverage has risen to 70 per cent, while sewerage coverage now stands at 62 per cent. The mission has also added or upgraded 4,649 million litres per day of water treatment capacity and developed 2,439 parks, adding 5,070 acres of green space.
AMRUT 2.0, launched in 2021, aims to expand coverage to all statutory towns and cities with a ₹2.77 lakh crore allocation for FY22-FY26. So far, 8,923 projects worth ₹1.89 lakh crore have been initiated.
As of January 13, 2025, 8,058 projects worth ₹1.64 lakh crore have been proposed, while 7,479 projects worth ₹1.50 lakh crore have been completed under the Smart Cities Mission, which began in 2015.
RERA impact
The Economic Survey also highlighted the growing reach of the Real Estate Regulatory Authority (RERA). As of January 6, 2025, around 1.38 lakh real estate projects and 95,987 real estate agents have been registered under RERA.
The authority has disposed of approximately 1.38 lakh complaints nationwide.
