Government Approves 2.34 Lakh Houses Under Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 Scheme

Strategic Insights -

The Government of India has approved 2.34 lakh houses under the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 scheme, taking the cumulative number of sanctioned houses to 7.09 lakh. The scheme aims to provide 1 crore urban families with financial assistance to construct or purchase a pucca house. The approved houses will be constructed under the Beneficiary Led Construction (BLC) and Affordable Housing in Partnership (AHP) verticals, with a central assistance of up to é 2.5 lakh per unit.

Key Takeaways:

  • A total of 2,34,864 houses have been sanctioned across nine states, including Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, and Uttar Pradesh.
  • The houses have been sanctioned under the BLC and AHP verticals, with a focus on inclusivity and women's empowerment.
  • Over 1.25 lakh units have been sanctioned in the name of women, including single women and widows.
  • 44 houses have been allocated to transgender persons.
  • 42,400 houses have been sanctioned for Scheduled Caste (SC) beneficiaries, 17,574 for Scheduled Tribes (ST), and 1,13,414 for Other Backward Classes (OBC).
  • The scheme aims to provide 1 crore urban families with financial assistance to construct or purchase a pucca house.
  • A central assistance of up to é 2.5 lakh per unit is provided under the scheme.
  • The eligibility criteria include individuals or families not owning a pucca house anywhere in India, with an annual income up to é 3 lakh for BLC and AHP verticals.
  • Aadhaar or Aadhaar Virtual ID is mandatory for all beneficiaries.

Statistics:

  • Total sanctioned houses under PMAY-U 2.0: 7,09,979
  • Houses sanctioned for women: 1,25,000+
  • Houses sanctioned for transgender persons: 44
  • Houses sanctioned for SC beneficiaries: 42,400
  • Houses sanctioned for ST beneficiaries: 17,574
  • Houses sanctioned for OBC beneficiaries: 1,13,414
  • Central assistance provided under the scheme: up to é 2.5 lakh per unit
  • Total completed and handed over houses under PMAY-U: 93.19 lakh
  • Launch of PMAY-U 2.0 aims to support an additional 1 crore families across the urban landscape

Sources:

  • Government of India
  • Government of India (2)