12L families given Rs 28,000 cr to buy houses under PM Awas Yojana: Modi at Agra Metro inauguration

New Delhi: Prime Minister Narendra Modi spoke about the RERA laws and Pradhan Mantri Awas Yojana (PMAY) today while inaugurating the construction work of the Agra Metro project in Uttar Pradesh through video conference. Union Minister of Housing and Urban Affairs (MoHUA), Hardeep Singh Puri; Uttar Pradesh Chief Minister Yogi Adityanath; and other dignitaries attended the event.

The Prime Minister said reforms are now being carried out in a wholesome manner rather than in piecemeal manner, remarking that for the development of cities work has been done at 4 levels – resolution of long standing problems, ease of living, maximum investment, and more use of modern technology.

The Prime Minister said there was a trust-gap between the builders and the home buyers. He said people with some wrong intentions brought disrepute to the entire real estate sector, upsetting our middle class. He said RERA’s law was introduced to remove this problem, adding that some recent reports show that after this law, middle-class homes started getting completed quickly. He said all-round development from modern public transport to housing is going on to make life in cities easier.

Prime Minister Modi also said the Pradhan Mantri Awas Yojana was inaugurated from Agra and under this scheme more than 1 crore houses have been approved for the urban poor. For the middle class of the city, help is being provided to buy houses for the first time, he said, adding that so far more than 12 lakh urban middle class families have been given help of about Rs 28,000 crores to buy houses. He said Infrastructure services like water supply, sewage are being upgraded in several cities under the AMRUT mission and help is being given to local bodies to make public toilets better in cities and to implement a modern system of waste management.

Watch Prime Minister Narendra Modi’s full speech at the event:

Follow Indus Dictum on Facebook, Twitter, and LinkedIn for the latest updates.

Subscribe to Indus Dictum to receive a briefing about the latest news & feature articles. No spam, we promise.

Success! You're on the list.

The ID Staff

Daily stories by the Indus Dictum Staff

Have some feedback for the author? Click here to comment.