Pradhan Mantri Awas Yojana-Urban 2.0

Pradhan Mantri Awas Yojana-Urban 2.0 (PMAY-U 2.0) is an ambitious housing initiative by the Government of India, aimed at ensuring affordable housing for all in urban areas. This program builds on the success of the earlier PMAY-U and introduces new features for improved implementation and outreach.

Key Highlights:

• Objective: To provide housing for all in urban areas by 2025.
• Target Beneficiaries: Over 1Crore families, including Economically Weaker Sections (EWS), Low-Income Groups (LIG), and Middle-Income Groups (MIG).
• Special Focus: Emphasis on vulnerable groups like widows, single women, transgender, persons with disabilities, and economically disadvantaged communities.
• Affordable Rental Housing: New provisions for urban migrants and workers through affordable rental options.
• Financial Assistance: Up to ₹2.50 lakh per unit for beneficiaries.
• Implementation Mechanisms:

1. 1. 1. Beneficiary-Led Construction (BLC)
      2. Affordable Housing in Partnership (AHP)
      3. Affordable Rental Housing (ARH)
      4. Interest Subsidy Scheme (ISS)

Benefits of PMAY 2.0

For Individuals:

1. 1. Affordable Housing: Helps eligible families purchase or construct pucca houses at subsidized costs.
   2. Financial Assistance: Offers direct financial support of up to ₹2.50 lakh per unit, making homeownership more accessible.
   3. Rental Housing: Introduces affordable rental housing options for urban workers and migrants.
   4. Women’s Ownership: Encourages women to own homes, fostering economic and social empowerment.
   5. Inclusivity: Focuses on vulnerable groups such as single women, transgender, widows, senior citizens, and economically weaker sections.
   6. Area: The Scheme will support construction of houses with a minimum of 30 square meter (sqm) carpet area along with basic civic amenities and social infrastructure. Further, States/UTs will have the flexibility in terms of determining the size of houses up to 45 sqm.

For Society:

1. 1. Urban Development: Promotes planned urbanization by addressing housing shortages and improving living standards.
   2. Economic Boost: Stimulates the real estate and construction sectors, generating jobs and economic growth.
   3. Social Equity: Reduces inequalities by providing housing solutions to marginalized groups.
   4. Sustainable Living: Encourages the use of innovative and eco-friendly building technologies.

Eligible Beneficiaries:

Income Groups:

• • Economically Weaker Sections (EWS): Annual household income up to ₹3 lakh.
  • Low-Income Groups (LIG): Annual household income between ₹3 lakh and ₹6 lakh.
  • Middle-Income Groups (MIG): Annual household income up to ₹9 lakh.

Housing Status:

• • A beneficiary family will comprise of husband, wife, unmarried sons and/or unmarried daughters. Families belonging to EWS/LIG/MIG segments, living in urban areas, should not own a pucca house either in his/her name or in the name of any member of his/her family in any part of India.

Special Focus Groups:

• • Vulnerable sections such as widows, single women, persons with disabilities, senior citizens, transgender, Scheduled Castes/Scheduled Tribes, minorities, and other weaker sections.

Urban Migrants:

• • Includes industrial workers, construction workers, and others living in urban areas.

Women Ownership:

• • The property must be registered in the name of the female head of the household or jointly with her spouse.

Aadhar Linkage:

• • All family members must have Aadhaar or Virtual IDs linked for verification.

Exclusions:

• • Families who have availed benefits from any housing scheme of the Central, State, or Local Government in the last 20 years are not eligible.

How to Apply:

• • Visit: https://pmaymis.gov.in/PMAYMIS2_2024/PmayDefault.aspx
  • Guideline: Pradhan Mantri Awas Yojana-Urban 2.0
  • More Information: https://pmay-urban.gov.in

Beneficiary:

As Above

Benefits:

As Above