Mr.Nair
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PM Narendra Modi's ‘Housing for All by 2022’ scheme gets government nod - timesofindia-economictimes
According to a KPMG report titled 'Decoding housing for all by 2022', India needs to develop about 11 crore housing units in the next seven years at an investment of more than $2 trillion (Rs 128 lakh crore) or about $250-260 billion annually.
The new scheme will cover the entire urban India consisting of 4,041 statutory towns with an initial focus on 500 Class I cities and it will be implemented in three phases. In the first phase (April 2015-March 2017) 100 cities will be covered. In the second phase (April 2017-March 2019) another 200 cities will be covered and all the remaining cities will be covered in the third phase (April 2019-March 2022). According to the government, two crore houses need to be built till 2022
According to a KPMG report titled 'Decoding housing for all by 2022', India needs to develop about 11 crore housing units in the next seven years at an investment of more than $2 trillion (Rs 128 lakh crore) or about $250-260 billion annually.
The new scheme will cover the entire urban India consisting of 4,041 statutory towns with an initial focus on 500 Class I cities and it will be implemented in three phases. In the first phase (April 2015-March 2017) 100 cities will be covered. In the second phase (April 2017-March 2019) another 200 cities will be covered and all the remaining cities will be covered in the third phase (April 2019-March 2022). According to the government, two crore houses need to be built till 2022