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Times of India·3 min read·medium

PMAY-Urban: UP CM hands over first house keys in Ghaziabad - here's all you need to know

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TOI REAL ESTATE DESK
PMAY-Urban: UP CM hands over first house keys in Ghaziabad - here's all you need to know
✦AI Summary

Uttar Pradesh Chief Minister Yogi Adityanath handed over the first keys for affordable housing under the PMAY-Urban scheme in Ghaziabad. The project, which faced years of delays, is part of a broader infrastructure development initiative in the region.

Why it matters

The handover marks a milestone for urban housing policy in India, demonstrating the challenges and progress of large-scale government welfare schemes.

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Chief Minister Yogi Adityanath on Friday handed over the first set of keys to a house built under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) at an event in the city, the first such handover since the scheme was launched 11 years ago, as reported by news agency ANI.The scheme, announced in 2015, aims to provide affordable housing to economically disadvantaged sections of society. Each flat is priced at Rs 6 lakh, with the Centre contributing Rs 2.5 lakh, the state government Rs 1 lakh, and the beneficiary paying the remaining Rs 2.5 lakh.

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