Term loan for construction of housing units and development of infrastructure facilities at layouts under AHP vertical of PMAY(U)-1.0 at various locations across the State of Andhra Pradesh
The proposal funded by Housing and Urban Development Corporation with a total loan assistance of ₹4,451.35 crore delivers a major boost to India's urban housing and infrastructure ecosystem under the AHP vertical of Pradhan Mantri Awas Yojana (Urban) 1.0. The project envisages construction of 41,502 dwelling units supported by a housing loan of ₹2,741.27 crore, along with comprehensive infrastructure development financed by ₹1,710.08 crore.
At a national level, the project strengthens the "Housing for All" mission by reducing urban housing shortages, improving quality of life for EWS and LIG beneficiaries, generating employment through large-scale construction activity, and promoting sustainable, inclusive urban development across India.