PMAY 2.0: The Pradhan Mantri Awas Yojana (PMAY) 2.0 has been launched by the Narendra Modi Government to assist economically weaker sections and middle-class families in urban areas with affordable housing. This scheme, which provides financial aid, aims to address the housing crisis by offering a subsidy to beneficiaries for the construction of homes.
PMAY 2.0: Key Things To Know
- Scheme Focus: PMAY 2.0 is dedicated to urban housing, with an emphasis on building 1 lakh new homes.
- Financial Aid: Each eligible beneficiary can receive up to Rs 2.30 lakh as a subsidy.
- Scheme Components: The initiative will include various components such as Beneficiary-Led Construction (BLC), Affordable Housing in Partnership (AHP), and Affordable Rental Housing (ARH), among others.
Launched following Union Cabinet approval on August 9, 2024, PMAY 2.0 builds on the success of the first phase, which saw the completion and handover of over 8.5 lakh homes. The online application portal for PMAY-U 2.0 is now live, offering a streamlined process for eligible individuals to apply for assistance.
PMAY 2.0: Required Documents
- Aadhaar details of the applicant and family members
- Proof of income
- Caste certificate
- Bank account linked to Aadhaar
- Land ownership papers (if applying for support to build on owned land)
PMAY 2.0: How to Apply
- Visit the official PMAY website at pmay-urban.gov.in.
- Click on the ‘Apply for PMAY-U 2.0’ section.
- Carefully read the application instructions.
- Enter your annual income to confirm eligibility.
- Provide Aadhaar details for identity verification.
- Complete the application form, including necessary documents.
- Submit your application and monitor its status through the portal.
This initiative is part of the Government’s ongoing efforts to provide affordable housing solutions in urban regions. Eligible citizens are encouraged to apply and follow the application process for timely assistance.