Bhubaneswar: Housing and Urban Development (H&UD) Minister Krushna Chandra Mohapatra emphasizes the pivotal role of affordable housing in transforming urban areas into slum-free zones.
Affordable HousingSlumfree CityUrban DevelopmentPradhan Mantri Awas YojanaBhubaneswarReal Estate NewsApr 25, 2025
The Pradhan Mantri Awas Yojana (PMAY) is a flagship scheme of the Government of India aimed at providing a pucca house to all urban poor by 2022. It includes financial assistance for home construction, subsidies for home loans, and simplified application processes.
Affordable housing is crucial for urban areas as it helps to reduce the population living in slums, improves the quality of life for residents, and promotes the overall development of the city.
Private developers can contribute to affordable housing by participating in government schemes, prioritizing the needs of the urban poor, and committing to building affordable homes. The government offers incentives and support to developers who are involved in these initiatives.
Innovative solutions being explored include the use of eco-friendly construction materials, the development of multi-story buildings to maximize land use, and the creation of mixed-income communities to promote social integration.
Community participation is essential in making a city slum-free. The success of affordable housing initiatives depends on the active involvement of all stakeholders, including government agencies, private developers, and the community.
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