SUMMARY
The government has launched PMAY 2.0 to provide financial assistance for affordable housing to one crore urban poor and middle-class families. The initiative includes a ₹2.30 lakh crore allocation and offers various components like Beneficiary-Led Construction and Affordable Housing in Partnership.
The Narendra Modi-led government has launched the second phase of Pradhan Mantri Awas Yojana-Urban (PMAY 2.0) to offer financial assistance for housing. Over the next five years, the initiative will benefit one crore urban poor and middle-class families, helping them construct, purchase, or rent affordable homes across India. (Image: REUTERS)
The central government will allocate ₹2.30 lakh crore under PMAY 2.0, with 1.18 crore houses sanctioned in the first phase. Over 85.5 lakh homes have already been built and delivered to eligible beneficiaries. (Image: REUTERS)
PMAY-U aims to provide durable homes to eligible urban candidates, with PMAY 2.0 planning to construct one lakh new houses. Each home will receive a subsidy of ₹2.30 lakh. (Image: REUTERS)
The second phase includes components such as Beneficiary-Led Construction (BLC), Affordable Housing in Partnership (AHP), Affordable Rental Housing (ARH), and the Interest Subsidy Scheme (ISS). (Image: REUTERS)
The central government has initiated the online application process for PMAY 2.0. Required documents include Aadhaar details, bank account information, income certificate, caste certificate, and land ownership proof. (Image: REUTERS)
To apply for PMAY 2.0, applicants should visit the official portal and click ‘Apply for PMAY-U 2.0’. They need to provide details such as income, address, and documents, and validate their Aadhaar. After reviewing the form, they can submit it and track the application status on the portal. (Image: REUTERS)