PM Narendra Modi’s pet project ‘Housing for All by 2022’ yielding results, says report

Nearly 32 lakh homes have been completed under PMAY (U) across the country by the end of 2019 and another 28.42 lakh homes have already been delivered to homebuyers.

Anuj Puri, chairman of ANAROCK Property Consultants, says: "The government's aggressive push towards achieving its target of ‘Housing for All by 2022’ has yielded tangible results. In 2015, it announced its intention of building about 1.12 crore homes under PMAY (U) by 2022, of which nearly 92 percent have already been sanctioned as on at the end of 2019.”

“Timely construction remains a challenge, but the introduction of new and effective technologies such as pre-fabricated construction can help achieve this target within the stipulated deadline.”

While Uttar Pradesh took lead with the highest number of completed homes, Gujarat came a close second with more than 3.69 lakh homes completed as of December 27, 2019.

Andhra Pradesh ranked third building more than 3.23 lakh homes by the end of 2019 compared to about 1.27 lakh homes completed in the same time period in 2018.

North-Eastern states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura, witnessed completion of as many as 72,860 homes by the end of 2019. By the end of 2018, only 24,915 homes had been completed in these states under PMAY(U).