Monday, 10 Aug, 2026
PMAY-U 2.0, launched in 2024, is the revamped iteration of the original Pradhan Mantri Awas Yojana–Urban launched in 2015. Image Source: Pixabay (Representational image)
More than 1.25 crore houses have now been sanctioned under PMAY-U and its revamped version, PMAY-U 2.0, with over 1 crore houses already completed and handed over to beneficiaries across the country.
Pradhan Mantri Awas Yojana–Urban (PMAY-U) has crossed a major milestone in its mission to provide affordable and dignified housing to urban households across India. More than 1.25 crore houses have now been sanctioned under PMAY-U and its revamped version, PMAY-U 2.0, with over 1 crore houses already completed and handed over to beneficiaries across the country. The achievement marks a significant step towards strengthening housing security for economically vulnerable and lower- and middle-income households in urban India.
The latest approvals have further expanded the reach of the scheme. Around 1.42 lakh houses have been sanctioned under the Beneficiary Led Construction (BLC) vertical, through which eligible beneficiaries receive financial assistance to construct or enhance pucca houses on land they already own. Similarly, 67,045 houses have been sanctioned under the Affordable Housing in Partnership (AHP) vertical. Under AHP, affordable housing projects are developed by public or private agencies in collaboration with States and Union Territories, with eligible beneficiaries from the Economically Weaker Sections (EWS) receiving Central assistance for their allotted houses.
With these latest approvals, the overall number of houses sanctioned under PMAY-U 2.0 alone has crossed 18.38 lakh. Of these, 14.40 lakh houses have been sanctioned under the BLC vertical and 2.48 lakh under AHP. In addition, 1.36 lakh houses have been allotted to beneficiaries under the Interest Subsidy Scheme (ISS), while 13,046 houses have been sanctioned under the Affordable Rental Housing (ARH) vertical. Together, these interventions reflect the government's approach of addressing urban housing needs through a combination of home ownership, construction assistance, affordable housing projects, interest subsidies and rental housing.
PMAY-U 2.0, launched in 2024, is the revamped iteration of the original Pradhan Mantri Awas Yojana–Urban launched in 2015. The scheme seeks to provide affordable and all-weather pucca housing to one crore poor and middle-class urban families, enabling eligible households to construct, purchase or rent suitable homes. The Government has committed an investment of ₹10 lakh crore towards the mission, including ₹2.30 lakh crore in subsidy assistance. To ensure that the benefits reach genuinely housing-deprived families, households are required not to own a pucca house anywhere in the country in the name of any family member.
The mission has been designed to address the diverse housing requirements of urban households through different implementation models. Under Beneficiary Led Construction (BLC), eligible EWS families receive Central assistance of ₹1.5 lakh to construct or enhance their individual houses. The Affordable Housing in Partnership (AHP) vertical provides Central assistance of ₹1.5 lakh per EWS house in eligible projects undertaken by public or private agencies. Such projects are required to have at least 35% of their houses earmarked for EWS beneficiaries, with each project having at least 250 houses.
The scheme also addresses the housing needs of vulnerable communities living in slums. Under the In-situ Slum Redevelopment (ISSR) vertical, a grant of ₹1 lakh per house is admissible for eligible slum dwellers, with redevelopment undertaken using land as a resource and involving private developers. This approach seeks to transform existing slum settlements while enabling beneficiaries to remain integrated with the urban areas in which they have established their livelihoods and social networks.
Another important component of the original PMAY-U was the Credit Linked Subsidy Scheme (CLSS), which made home loans more affordable for eligible beneficiaries. Under the scheme, interest subsidies of 6.5%, 4% and 3% were available on eligible loan amounts up to ₹6 lakh, ₹9 lakh and ₹12 lakh respectively for EWS/LIG, MIG-I and MIG-II beneficiaries. The CLSS for the MIG categories was operational from January 2017 to March 2021. Through such financial support, the scheme sought to make formal housing finance more accessible to families aspiring to own a home.
PMAY-U has primarily focused on households belonging to the Economically Weaker Section (EWS), Low Income Group (LIG) and Middle Income Group (MIG). Under the scheme guidelines, EWS households have an annual income of up to ₹3 lakh, while LIG households have an annual income between ₹3 lakh and ₹6 lakh. MIG households fall within the annual income range of ₹6 lakh to ₹9 lakh. The guidelines also recognise adult earning members without property ownership as separate households for determining eligibility, thereby expanding the potential reach of the housing programme.
Beyond providing shelter, PMAY-U has also emerged as an important instrument of women's empowerment. Of the more than 1.25 crore houses sanctioned under PMAY-U and PMAY-U 2.0, around 1 crore have been allotted in the name of women, either through ownership by the female head of the household or through joint ownership. This emphasis on women's ownership reflects the government's broader focus on Nari Shakti and has transformed housing from merely a basic necessity into an important economic and social asset for women.
Women's ownership of a house can provide greater financial security and stability while strengthening their position in household decision-making. For millions of beneficiaries, therefore, PMAY-U represents more than the construction of a pucca house. It provides a foundation for dignity, security and social empowerment, while creating an asset that can contribute to the long-term well-being of families.
The progress of PMAY-U and the expansion of PMAY-U 2.0 demonstrate the government's continuing emphasis on making affordable housing a central pillar of inclusive urban development. With more than a crore houses already completed and delivered, the mission is not only expanding the physical housing stock of India's cities but also helping millions of families move towards greater security, dignity and economic stability.If you want, I can also turn this into a more government-press-release style version with a sharper opening and a strong concluding paragraph.
