Login
SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Haryana Budget allocates 5,893cr towards the PMAY Scheme

#Taxation & Finance News
Last Updated : 2nd Mar, 2023
share-icon Share
font-size icon Font size
ABC Small ABCMedium ABCLarge
Save
print Print
comment Comment
Synopsis

Haryana Chief Minister Manohar Lal Khattar has put forth several important proposals in the budget estimates, including the allocation of 100,000 homes to families identified as below the poverty line through the Parivar Pehchaan Patra (PPP) program, the continuation of the amnesty scheme for builders, and the introduction of a land pooling system through the Haryana Shehri Vikas Pradhikaran (HSVP) and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC). To this end, the budget has allocated Rs. 5,893 crores for the housing projects.

Story Image

Representative image

Haryana Chief Minister Manohar Lal Khattar has put forth several important proposals in the budget estimates, including the allocation of 100,000 homes to families identified as below the poverty line through the Parivar Pehchaan Patra (PPP) program, the continuation of the amnesty scheme for builders, and the introduction of a land pooling system through the Haryana Shehri Vikas Pradhikaran (HSVP) and Haryana State Industrial and Infrastructure Development Corporation (HSIIDC).




It is noteworthy that the housing for the poor will be covered under the Prime Minister Awas Yojana (PMAY), and the government aims to complete the allocation by the next fiscal year. To this end, the budget has allocated Rs. 5,893 crore for the housing projects. The new policy includes an extra subsidy of Rs 1.5 lakh and access to land for housing. A pilot program will be initiated in April 2023, based on survey data.



Khattar suggested that permission may be granted to legalize 27 out of the 190 illegal colonies that have been identified in the state. He expressed his hope that the urban local bodies department and all municipalities will work together to ensure that the remaining eligible colonies are legalized in the 2023-24 period and that development work is initiated in these colonies.



Furthermore, Khattar announced the deployment of technology-based solutions to establish 1,000 citizen facilitation centres in municipal corporations and municipal councils located in district headquarters in 2023-24 through the urban local bodies and Haryana Shehri Vikas Pradhikaran. These centres will offer technology-based citizen services and other facilities to improve the ease of living in urban areas, in addition to promoting development of environmental, social, and cultural infrastructure.
Next (RBI reports 3.1% rise in India�s housing prices with Kolkata in the lead)

Have something to say? Post your comment

Post Comment

Quick Links

Asset Class

Location

Other News
post_image

5th Jun, 2025

Mumbai emerges as top data centre hub in Asia-Pacific region
post_image

25th May, 2023

Reliance Industries acquires the Mandarin Oriental Hotel in New York
post_image

11th May, 2023

U.S. housing market sees significant decline in home listings amidst reluctant sellers and high mortgage rates
post_image

27th Apr, 2023

US single-family housing construction on the rise: positive signs for a struggling market