Housing for all scheme for urban areas: 10,777 houses completed

Against mission target of 79,331, 60,047 beneficiaries identified

By: Ibni Maqbool

Srinagar: The administration of Jammu & Kashmir has identified 60,047 beneficiaries under the Prime Minister’s Housing for All Scheme in urban areas of the Union Territory.

The latest status report prepared by the Planning Development & Monitoring Department about flagship schemes being implemented in J&K shows that against the target of 79,331 houses under the scheme, 60,047 beneficiaries have been identified so far.

According to the report, available with the Precious Kashmir, 56,101 houses have been sanctioned under different components of the ambitious scheme till date. It also reveals that 10,777 houses- 7894 beneficiary-led construction and 2883 credit linked subsidy scheme (CLSS)- have been completed under the scheme till date.

In March 2021, the Jammu and Kashmir government had approved interest free loan of Rs two lakh per beneficiary under the beneficiary-led construction (BLC) component of the scheme. The loan is being provided to beneficiaries for a period of 10 years with a moratorium of six months for those who have not started the construction or have completed construction up to plinth level only.

The Housing for All scheme was unveiled by the Government of India in 2015 to provide affordable homes for the urban poor and slum dwellers at low interest rates.

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