Pradhan mantri awas yojana

Last Updated : 16 Jun 2023 The scheme was first launched on 25 June 2015. The interest rate for the PMAY scheme starts at 6.50% p.a. and can be availed for a tenure of up to 20 years. The implementation period of the PMAY-Urban scheme has been extended until 31 December 2024. The decision was made by the Union Cabinet after requests from Union Territories and states. Earlier, the aim was to provide houses by March 2022. Official Website Launch Date 25th June 2015 Expected Completion By 31 December 2024 Toll Free Number 1800-11-6163 - HUDCO 1800 11 3377, 1800 11 3388 - NHB Complaints or Suggestion Office Address Pradhan Mantri Awas Yojana Ministry of Housing and Urban Affairs Nirman Bhawan, New Delhi- 110 011 Contact: 011 2306 3285, 011 2306 0484 Email: [email protected] PMAY Guidelines Features and Benefits of PMAY Scheme • Under the PMAY Scheme, a subsidy interest rate is provided at 6.50% p.a. on housing loan for the term of 20 years to all the beneficiaries. • Differently abled and senior citizens will be given preference in allocation of ground floors. • Sustainable and eco-friendly technologies would be used for construction. • The scheme covers entire urban areas in the country which includes 4041 statutory towns with the first priority given to 500 Class I cities. This will be done in 3 phases. • The credit linked subsidy aspect of the PM Awas Yojana gets implemented in India in all statutory towns from the initial stages itself. Pradhan Mantri Awas Yojana(PMAY) ...

• Arunachal Pradesh • Assam • Chhattisgarh • Goa • Gujarat • Haryana • Jammu And Kashmir • Karnataka • Ladakh • Madhya Pradesh • Maharashtra • Manipur • Mizoram • Tripura • Jharkhand • Nagaland • Himachal Pradesh • Uttarakhand • Uttar Pradesh • Rajasthan • Tamil Nadu • Dadra and Nagar Haveli and Daman and Diu • Pradhan Mantri Awas Yojana (Urban) Pradhan Mantri Awas Yojana-Urban (PMAY-U), a flagship Mission of Government of India being implemented by Ministry of Housing and Urban Affairs (MoHUA), was launched on 25th June 2015. The Mission addresses urban housing shortage among the EWS/LIG and MIG categories including the slum dwellers by ensuring a pucca house to all eligible urban households by the year 2022, when Nation completes 75 years of its Independence. PMAY(U) adopts a demand driven approach wherein the Housing shortage is decided based on demand assessment by States/UTs. State Level Nodal Agencies (SLNAs), Urban Local Bodies (ULBs)/ Implementing Agencies (IAs), Central Nodal Agencies (CNAs) and Primary Lending Institutions (PLIs) are main stakeholders who play an important role in implementation and success of PMAY(U). The Mission covers the entire urban area consisting of Statutory Towns, Notified Planning Areas, Development Authorities, Special Area Development Authorities, Industrial Development Authorities or any such authority under State legislation which is entrusted with the functions of urban planning & regulations. All houses under PMAY(U) have basic am...

This article uses Please consider converting them to ( August 2022) ( ( Pradhan Mantri Awas Yojana ( PMAY) is an initiative by the Pradhan Mantri Awas Yojana (Urban) ( PMAY-U) for the urban poor and PMAY-G and also PMAY-R) for the rural poor, the former administered by Ministry of Housing and Urban Affairs and the latter by Ministry of Rural Development. Pradhan Mantri Awas Yojana (Urban) Country India Ministry Key people Launched 25 June 2015 ; 7 years ago ( 2015-06-25) Status Active Website .gov .in See also: Public housing programme in India started with the rehabilitation of refugees immediately after With the launch of Indira Awas Yojana (IAY) by the then Prime Minister As a part of the continuous efforts of the Indian Government to fulfill the housing needs of rural and urban poor, Pradhan Mantri Awaas Yojana was launched by Prime Minister Under PMAY, it is proposed to build 2 Indira Awas Yojana or IAY is one of the first centralised housing schemes for Indians. It was introduced by the then Prime Minister, Rajiv Gandhi, in 1985. The scheme’s primary objective was to provide housing for the economically weaker sections in the country, and individuals belonging to below the poverty line or BPL. At first, its benefits were exclusive to beneficiaries from the Scheduled Caste and Scheduled Tribe minority groups. However, as of 2016, IAY was officially merged with the Pradhan Mantri Awas Yojana Gramin scheme. The scheme The features of Pradhan Mantri Awas Yojana are that ...

What is the Pradhan Mantri Awas Yojana Pradhan Mantri Awas Yojana aka PMAY or Housing for all is a housing scheme for all the people who belong to lower-income groups, economically weaker sections, and Middle-Income Groups in India. Launched in 2015, it is a housing development project from the central government that will deliver 2 Cr permanent houses in urban and rural areas by 2022. Phase I of the project is already over by March 2017 and the second phase has already started. It is divided into two parts, PMAY Urban Under PMAY-Urban, the houses will be constructed within the urban areas. Mainly the congested slums areas will be removed to deliver pucca or permanent houses to the inhabitants of the slums and other people from LIG ,EWS and MIG categories. PMAY Gramin In the PMAY-Gramin scheme, people from rural areas will get their pucca houses. Those who are living in rented houses or own house but needs reconstruction, can apply for this scheme. Launched on June 2015, the primary aim for this Yojana is to ensure that 2 crore houses are built across nation’s length and breadth. The estimated completion year for the scheme is 2022, which means that these 2 crore homes will be constructed over a period of 7 years. Quick highlights of Pradhan Mantri Awas Yojana Parameters Details Scheme Name Pradhan Mantri Awas Yojana Launch Date June, 2015 Estimated Time for Completion 7 years (2022) Primary Objective Providing affordable houses to Indian citizens Number of Houses to be Bu...

The Indian Government’s flagship program, Pradhan Mantri Awas Yojana, widely known as PMAY, was launched in June 2015 with the aim to fuel the concept of “Housing for All”. The scheme works towards making life better for homeless people in India. The main proposal of the scheme is to construct two crore homes for people belonging to low-income families, middle-income groups and economically weaker sections. So far, the government has sanctioned 1.12 crores homes. Here’s all you need to know about the PMAY scheme and how to avail home subsidy under it. Purpose Behind PMAY Scheme Over the last decade in India, there has been a continuous surge in property and land prices. It is especially true for individuals residing in metropolitan cities as they have seen a 38% jump in the overall property prices. There has been a significant reduction in affordability and therefore to encourage sustainable and affordable housing for the urban poor, the scheme was introduced. The initiative aims at building more houses by using eco-friendly materials for construction. The aim behind this is to ensure minimum damage to the environment and will cause less air and sound pollution. Through various measures and incentives, it seeks to address the housing requirements of the urban poor people including slum dwellers such as promotion of affordable housing for weaker sections through credit linked subsidy, slum rehabilitation with the participation of private developers using land as a resource,...