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About 158 lakh MT steel to be consumed under PMAY-Urban

About 158 lakh Metric Tonne steel and 692 lakh metric tonne cement will be consumed in construction of all the houses sanctioned under PMAY-Urban as per estimates, said Hardeep Singh Puri, MoS, (Independent Charge), Ministry of Housing and Urban Affairs in a media release.

The minister said that nearly 84 lakh MT steel and 370 lakh MT cement would have already been consumed in houses grounded/completed so far.

Under PMAY-U, so far, 1.07 crore houses across 4,550 urban cities and 67 lakh houses have been grounded and 35 lakh have been delivered so far.

Puri said that an estimated 3.65 crore jobs would be generated in construction of all sanctioned houses of which about 1.65 crore jobs would have already been generated in construction of houses grounded so far.

Housing minister stated that 5,151 projects worth more than Rs 2 lakh crore were identified in 100 Smart Cities has tendered around 4,700 projects worth Rs 1.66 lakh crore which is about 81% of the total projects proposed.

He added that around 3,800 projects amounting to approximately Rs 1.25 lakh crore viz. 61% have been grounded and more than 1,638 projects worth over Rs 27,000 crore have been completed.

Sourceetrealty
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