PMAY
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The Jammu and Kashmir Government recently planned to construct 2,052 dwelling units in the state under the PMAY i.e. the Pradhan Mantri Awaas Yojana officials informed.

The PMAY offers central assistance to the ULBs that are the Urban Local Bodies and other agencies via States and Union Territories to rehabilitate slum dwellers by using the land as a major resource via private participation.

While sharing the information, Government officials said that the construction of 1,059 housing units was sanctioned under phase I of the PMAY in the Jammu and R S Pura tehsil.

District Development Commissioner Ramesh Kumar said that the geo-tagging of 684 houses has been completed and the construction of 542 has been started and the construction of 127 dwelling units is completed till roof level.

He further said that in the second phase of PMAY, 993 houses are sanctioned to be built in Arnia, Bishnah, Gho Manhasa, Khour, Jourian and Akhnoor tehsils in the next phase.

Similar to this, 623 houses out of these are geo-tagged and the remaining 52 have been built, Kumar informed.

Kumar also directed the officials to complete the geo-tagging procedure of all the sanctioned dwelling units within 15 days and also ordered them to complete the construction work of 127 houses by January-end as all these dwelling units are built up till the roof level.

He further said that the officials are also directed to speed up the work process in order to complete the construction of all housing units under all the schemes.

In December 2018, the Jammu & Kashmir State Government announced the proposal to structure the Real Estate Regulatory Authority in its jurisdiction. This proposal is passed with the aim to boost the growth of the real estate market here while protecting the interest of homebuyers in the state.

Jammu and Kashmir will be the next state to follow the northeastern seven sisters who agreed to form the Real Estate Regulatory Authority.