PM Awas Yojana Urban 2.0 | Apply for Free Housing Scheme | PMAY-U 2.0 2024

PM Awas Yojana Urban 2.0 | Apply for Free Housing Scheme | PMAY-U 2.0 2024

Application link
https://pmaymis.gov.in/PMAYMIS2_2024/...

Pradhan Mantri Awas Yojana - Urban 2.0

The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi approved Pradhan Mantri Awas Yojana-Urban 2.0 under which financial assistance will be provided to 1 crore urban poor and middle-class families through States/Union Territories (UTs)/PLIs to construct, purchase or rent a house at an affordable cost in urban areas in 5 years starting from 1st Sept 2024. PMAY-U 2.0 is one of the major flagship programmes being implemented by Government of India to provide all-weather pucca houses to all Eligibility beneficiaries in the urban areas. The Government assistance under PMAY-U 2.0 will be upto 2.50 lakh per unit.

In pursuance of the Hon’ble Prime Minister’s vision, PMAY-U 2.0, with an investment of ₹ 10 lakh crore, will address the housing needs of one crore families, ensuring that every citizen leads a better quality of life. The central assistance of 2.50 lakh crore ₹ will be provided under the Scheme.

The contours of PMAY-U 2.0 have been designed on the basis of learnings of PMAY-U scheme, global best practices/ benchmarks and outcomes of series of consultations with multiple stakeholders including States/UTs, Banks, Housing Finance Companies, Private Sector etc.

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