Tamil Nadu to build 2.66 lakh homes for slum dwellers with private realty developers

About 22,384 housing units have received approval during the Central Sanctioning and Monitoring Committee meet held recently.

Published: 31st July 2017 07:42 AM  |   Last Updated: 31st July 2017 07:42 AM   |  A+A-

File photo: A view of a housing board in Perumbakkam | EPS

Express News Service

CHENNAI: Tamil Nadu plans to build 2.66 lakh affordable homes for slum dwellers by partnering with private agencies.It is learnt that 22,384 housing units got approval during the Central Sanctioning and Monitoring Committee meet held recently. 12,000 units more for slum dwellers are likely to be proposed this year based on land availability, sources told Express.

There are four components under which Pradhan Mantri Awas Yojana (PMAY) Housing for All is implemented across the country. They are in-situ slum redevelopment, Credit Linked Subsidy Scheme, Affordable Housing in Partnership and Beneficiary Led Construction (BLC).

The government plans to implement two of the components under affordable housing scheme. They are Affordable Housing in Partnership and BLC.Under the Affordable Housing in Partnership scheme, the Union government will provide a grant of Rs 1.6 lakh for slum dwellers while the State government will provide Rs 5 lakh.

Sources said that the slum clearance board was planning to attract private developers to develop houses for slum dwellers by marketing special transferable development rights to private builders.

Under the BLC, those living in kutcha or semi-pucca houses in urban areas with land tenure will be provided with Rs 2.10 lakh grant (Union government Rs 1.5 lakh and State government Rs 60,000) to construct houses on their own. The balance cost is to be borne by the beneficiaries.

Sources said under the scheme 30 sqm carpet area should be constructed and the grant will be deposited directly into the beneficiaries bank accounts in four stages or on partial completion.

Key features 

Tamil Nadu Urban Population: 7.21 crore
Urban slum population: 57.98L
PMAY Housing for All launched on: June 25, 2015
Mission Period: 2015-2022
Houses to be built under BLC: 2.89 lakh
Completed: 6,713
In progress: 1,07,933
Expenditure incurred: E533 cr

Release of funds

Union govt sanctioned: E1,874 cr
TN govt sanctioned: E412.85 cr


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