Affordable Housing Expansion in Visakhapatnam & Guntur

The Government of Andhra Pradesh has approved the construction of 10,000 homes under the Pradhan Mantri Awas Yojana - Urban (PMAY-U) initiative. This move aims to boost affordable housing, providing modern, accessible residences for economically weaker sections in Visakhapatnam and Guntur.

Key Features of the PMAY-U Housing Project

• Affordable Homeownership – Subsidized housing for low-income families.

• Urban Infrastructure Integration – Homes built with modern amenities and connectivity.

• Sustainable Development – Eco-friendly designs and energy-efficient construction.

• Government Subsidies & Support – Financial assistance for eligible buyers.

• Employment & Economic Growth – Boost to construction and allied industries.

Impact on Real Estate & Local Communities

• Increased Housing Accessibility – More families can own homes at affordable rates.

• Urban Expansion & Development – Strengthening Visakhapatnam and Guntur’s infrastructure.

• Investment Opportunities – Developers and investors eyeing growth potential in the region.

• Social & Economic Upliftment – Improved living standards for thousands of residents.

The PMAY-U housing project in Andhra Pradesh is a major step toward inclusive urban development, ensuring affordable, quality housing for thousands of families.