Ghaziabad Development Body Plans 13,500 PMAY Houses by 2019

The Ghaziabad Development Authority has set a target to build 13,500 houses under the Pradhan Mantri Awas Yojana (PMAY) by next year, but construction has begun on only 850 units as of now.
The GDA will build 36,000 houses in total under the scheme by 2021, a decision that was announced by Vice-chairperson Kanchan Verma on her first day in office. Sources said a directive had come from Lucknow to concentrate on the housing scheme before the general election of 2019. The developers that have assured units under PMAY include Signature Global Developers (873), SCC Builders (252), Jai Ambay Estate (147), Aradhya Builders (251), ATS (765) and Ajnara India Ltd (318). Each house built under the PM scheme costs ` 4.5 lakh, of which the Centre contributes ` 1.5 lakh and the UP government ` 1 lakh. The remaining amount has to be borne by the beneficiary.