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PM Modi lays foundation stone of light house projects | TOP POINTS

The Affordable Sustainable Housing Accelerators – India (ASHA-India) initiative aims to promote domestic research and entrepreneurship by providing incubation and acceleration support to potential future technologies.

New Delhi: The foundation stone of Light House Projects (LHPs) under the Global Housing Technology Challenge-India (GHTC-India) has been laid by Prime Minister Narendra Modi at six sites across the country today via video conferencing.

TOP POINTS

We’re continuously taking decisions to promote investment in real estate sector. Housing tax is also being reduced to promote buyers. The tax that stood at 8% on cheap houses today stands at just 1%. On average houses, the tax stands at 5% from 12%.

At one time, Housing Plans were not the priority of Central govt. The govt did not care about the details and quality of construction. If the changes were not made, it would have been very difficult. Today, the country has chosen a different approach: PM Narendra Modi

These six projects will give a new direction to housing projects in the country. It has strengthened cooperative federalism: PM Narendra Modi at the launch of Light House Projects across six states

At one time, housing schemes weren’t the priority of Central govts as much as it should’ve been However, we know that transformation is impossible without all-around development. The country has adopted a new approach and a different road ahead: PM Modi

Andhra Pradesh CM CM YS Jagan Mohan Reddy

AP has taken lead in country in implementing PMYA Urban. Govt of AP has taken a special drive to provide house sites to 30.75 lakh eligible deserving people throughout the state. For this purpose, 68,677 acres has been distributed to families: Andhra Pradesh CM

PM envisioned Housing for all by 2022 by which year, the nation will complete 75 years of independence. The program is of particular relevance to the state of Andhra Pradesh which is vulnerable to natural disasters like cyclones, floods etc: Andhra Pradesh CM YS Jagan Mohan Reddy

Jharkhand CM

Jharkhand is a backward state & under Light House Project, 1,008 houses will be constructed here with the help of Central&State govt. People living here have low incomes as most of them are labourers. We should strategise how we can minimise their financial burden: Jharkhand CM

Chief Ministers of Uttar Pradesh, Madhya Pradesh, Gujarat, Tripura and Andhra Pradesh also took part in the ceremony. As per an earlier statement, LHPs will be constructed at Indore, Rajkot, Chennai, Ranchi, Agartala and Lucknow, comprising about 1,000 houses at each location along with allied infrastructure facilities.

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PM Modi Tweets about Light House

The LHPs will be constructed at Indore, Rajkot, Chennai, Ranchi, Agartala and Lucknow, comprising about 1,000 houses at each location along with allied infrastructure facilities.

“The LHPs showcase the best of new-age alternate global technologies, materials and processes in the construction sector for the first time in the country at such a large scale. They are being constructed under GHTC-India which envisages to provide an eco system for the adoption of innovative technologies in the housing construction sector in a holistic manner,” the statement said.

The Affordable Sustainable Housing Accelerators – India (ASHA-India) initiative aims to promote domestic research and entrepreneurship by providing incubation and acceleration support to potential future technologies.

Under the initiative, five ASHA-India Centers have been set up for providing incubation and acceleration support.

The PMAY-U Mission was been designed to achieve the vision of “Housing For All by 2022”. In order to recognize the outstanding contribution by States, UTs, Urban Local Bodies and beneficiaries, the Ministry of Housing and Urban Affairs has introduced annual awards for excellence in implementation of PMAY-Urban. The winners of PMAY(Urban) Awards-2019 will be felicitated during the event.