Pradhan Mantri Awas Yojana 2024

Pradhan Mantri Awas Yojana 2024 – Urban (PMAY-U)

The Pradhan Mantri Awas Yojana 2024– Urban (PMAY-U) was launched by the Ministry of Housing and Urban Affairs (MoHUA) on June 25, 2015. The scheme’s goal is to provide permanent housing for all eligible urban households by 2022, focusing on economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG), including those living in slums. The initiative has been extended until December 31, 2024.

Each house under PMAY-U comes with essential utilities such as a kitchen, toilet, water supply, and electricity. The scheme encourages homeownership in the name of female family members, promoting women’s empowerment.

Special attention is given to socially disadvantaged groups, including SCs, STs, OBCs, single women, transgender people, differently-abled individuals, senior citizens, and other vulnerable groups, ensuring they have secure and dignified housing.

Key Features of PMAY-U:

  • Low-Interest Housing Loans: Beneficiaries can avail of housing loans at a subsidized interest rate of 6.50% per annum for up to 20 years.
  • Priority for Special Groups: Ground floor housing is prioritized for differently-abled individuals and senior citizens.
  • Eco-Friendly Construction: The scheme promotes sustainable and environmentally friendly building practices.
  • Wide Coverage: PMAY-U covers 4041 statutory towns, with a focus on 500 Class I cities, rolled out in three phases.
  • Early Credit-Linked Subsidy: The credit-linked subsidy is available from the start of the project, covering all statutory towns in India.

Contact Information:

  • Toll-Free Numbers:
    • HUDCO: 1800-11-6163
    • NHB: 1800-11-3377, 1800-11-3388
  • Complaints or Suggestions:
  • Office Address:
    • Pradhan Mantri Awas Yojana, Ministry of Housing and Urban Affairs, Nirman Bhawan, New Delhi- 110011
    • Phone: 011 2306 3285, 011 2306 0484
    • Email:

For more information, visit the official website.

Pradhan Mantri Awas Yojana (PMAY) Beneficiaries

The PMAY scheme aims to help different income groups obtain housing. Here’s a breakdown of who qualifies:

Beneficiary Categories and Annual Income:

  1. Middle Income Group I (MIG I): Rs. 6 lakh to Rs. 12 lakh
  2. Middle Income Group II (MIG II): Rs. 12 lakh to Rs. 18 lakh
  3. Lower Income Group (LIG): Rs. 3 lakh to Rs. 6 lakh
  4. Economically Weaker Section (EWS): Up to Rs. 3 lakh

People from SC, ST, and OBC categories and women in the EWS and LIG groups are also eligible for the PMAY scheme.

How Beneficiaries are Selected:

PMAY-Urban targets the housing needs of the urban poor and slum residents, particularly those in areas with poor infrastructure, sanitation, and water supply. The main beneficiaries are:

  • Middle Income Groups (MIGs)
  • Low-Income Groups (LIGs)
  • Economically Weaker Sections (EWS)

EWS beneficiaries receive full assistance, while LIG and MIG beneficiaries can avail themselves of the Credit Linked Subsidy Scheme (CLSS). To qualify as LIG or EWS, applicants must provide an income affidavit.

Key Highlights for EWS and LIG:

  • Eligible Loan Amount for Interest Subsidy: Up to Rs. 6 lakh
  • Maximum Loan Tenure: 20 years
  • Interest Subsidy Calculation Discount Rate: 9.00%
  • Dwelling Unit Carpet Area: Up to 30 sq.m. for EWS, up to 60 sq.m. for LIG
  • Scheme Duration: June 17, 2015, to December 31, 2024
  • Pucca House Requirement: Not for upgrading or renovating an existing house
  • Women Ownership: Required for new property acquisitions
  • Processing Fee: Rs. 3,000 per housing loan application
  • Construction Quality: Must follow BIS Codes, National Building Code, and NDMA Guidelines
  • Building Design Approvals: Mandatory
  • Basic Civic Infrastructure: Mandatory (water, electricity, sanitation, sewerage, road)
  • Maximum Interest Subsidy Amount: Rs. 2,67,280

Key Highlights for MIG I and MIG II:

  • Eligible Loan Amount for Interest Subsidy: Up to Rs. 9 lakh (MIG I), Up to Rs. 12 lakh (MIG II)
  • Maximum Loan Tenure: 20 years
  • Dwelling Unit Carpet Area: 160 sq.m. (MIG I), 200 sq.m. (MIG II)
  • Interest Subsidy Calculation Discount Rate: 9.00%
  • Scheme Duration: January 1, 2017, to December 31, 2024
  • Women Ownership: Not compulsory
  • Pucca House Requirement: Yes
  • Processing Fee: Rs. 2,000 per housing loan application
  • Construction Quality: Must follow BIS Codes, National Building Code, and NDMA Guidelines
  • Building Design Approvals: Mandatory
  • Basic Civic Infrastructure: Mandatory (water, road, sanitation, sewerage, electricity)
  • Income Proof to Claim Subsidy: Self-declaration
  • Identity Proof: Aadhaar Card Number

For more details or to apply, visit the official PMAY website.

Pradhan Mantri Awas Yojana (PMAY) Scheme Overview

The PMAY scheme aims to provide affordable housing to different sections of society. It’s divided into two main parts based on the areas they cover:

1. Pradhan Mantri Awas Yojana Gramin (PMAY-G)

  • Focus: Rural areas in India (excluding Chandigarh and Delhi).
  • Objective: Provide affordable housing to eligible beneficiaries in rural regions.
  • Funding: The cost of development is shared by the Central and State governments in a 60:40 ratio for plain regions and 90:10 for North-Eastern and hilly regions.

2. Pradhan Mantri Awas Yojana Urban (PMAY-U)

  • Focus: Urban areas in India, covering 4,331 towns and cities.
  • Phases:
    • Phase 1: April 2015 to March 2017, targeting 100 cities.
    • Phase 2: April 2017 to March 2019, targeting 200 more cities.
    • Phase 3: April 2019 to December 2024, covering remaining cities.

PMAY Interest Subsidy

  • Economically Weaker Section (EWS): 6.50% p.a. on loans up to Rs.6 lakh
  • Lower Income Group (LIG): 6.50% p.a. on loans up to Rs.6 lakh
  • Middle Income Group – I (MIG-I): 4.00% p.a. on loans up to Rs.9 lakh
  • Middle Income Group – II (MIG-II): 3.00% p.a. on loans up to Rs.12 lakh

PMAY Subsidy Calculator

To calculate your EMI under PMAY, visit the PMAY EMI Calculator and enter:

  • Loan amount
  • Interest rate
  • Loan period in months Click “Calculate” to see your monthly installment.

How to Get PMAY Interest Subsidy

  1. Apply for a Home Loan: From a listed lending institution, asking for the PMAY subsidy.
  2. Application Review: The institution reviews and sends your application to the Central Nodal Agency.
  3. Subsidy Disbursement: If approved, the subsidy is sent to the lending institution.
  4. Loan Account Credit: The subsidy is credited to your loan account, reducing your loan amount.
  5. Continue EMIs: Pay EMIs on the reduced loan amount.

PMAY Loan Eligibility

  • Selection Basis: Beneficiaries are selected based on the ‘Socio-Economic and Caste Census 2011’.
  • Consultation: The government consults local panchayats and tehsils to ensure transparency.

How to Apply for PMAY Online

  • Urban PMAY:
    1. Visit the official PMAY portal.
    2. Click on “Citizen Assessment” or “Apply Online”.
    3. Choose your income group (EWS/LIG/MIG).
    4. Enter details (personal information, Aadhaar number, income details).
    5. Submit your application.
    6. Track the status on the PMAY portal.
  • Rural PMAY:
    1. Visit the PMAY Gramin website.
    2. Click on “IAY/PMAYG”.
    3. Enter details (personal information, Aadhaar number, bank details).
    4. Submit your application.
    5. Track the status on the PMAY portal.

Check PMAY Application Status

  • Visit PMAY MIS, navigate to the tracking option, and follow the instructions.

Edit Your PMAY Application Details

  1. Visit the PMAY website.
  2. Enter your application reference number and Aadhaar details.
  3. Click on “Edit” to update your information.

PMAY Scheme Phases

StageStart DateEnd DateCities Covered
Phase 104/01/201503/01/2017100 cities
Phase 204/01/201703/01/2019200 cities
Phase 304/01/201903/01/2022Remaining cities

PMAY Technology Sub-Mission

  • Focuses on better habitat design and planning, environmentally friendly houses, innovative technologies, and suitable construction materials.

PMAY Customer Care Helpline Numbers

For any queries related to the PMAY scheme, contact the toll-free numbers:

  • Urban (HUDCO): 1800-11-6163
  • Urban (NHB): 1800-11-3388, 1800-11-3377
  • Gramin: 1800-11-6446

State Level Nodal Agencies for PMAY (U)

Each state has designated agencies for PMAY implementation. For example:

  • Andhra Pradesh: Andhra Pradesh State Housing Corporation Limited
  • Gujarat: Affordable Housing Mission
  • Maharashtra: Government of Maharashtra (Griha Nirman Bhawan)

Top 10 Banks Offering Home Loans Under PMAY

  1. Bank of Baroda
  2. State Bank of India
  3. Axis Bank
  4. IDFC First Bank
  5. Bandhan Bank
  6. Bank of India
  7. HDFC Bank
  8. IDBI Bank
  9. Punjab National Bank
  10. Canara Bank

FAQs on PMAY (Urban) 2024

  • Subsidy Credit Time: Typically 3 to 4 months after verification.
  • Assessment ID: Generated after successful registration.
  • Women Applicants: Prioritized within lower income groups.
  • Senior Citizens: Priority for ground floor housing.
  • Project Duration: Till 2024.
  • Maximum Annual Income: Up to Rs.18 lakh.
  • Central Nodal Agency: Implementing body for the Credit Linked Subsidy.
  • Carpet Area Definition: Area enclosed within the walls.
  • Transfer of Development Rights (TDR): Additional built-up area based on relinquished land area.
  • Aadhaar Requirement: Mandatory for online applications.
  • Registration Fee: Rs. 25 plus service tax at Common Service Centers; free for online applications.

For more information or to apply, visit the official PMAY website.

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