PMAY 2.0: The Pradhan Mantri Awas Yojana (PMAY) is a housing credit-linked subsidy initiative launched by the Indian government in 2015 to offer affordable homes to economically disadvantaged and low-income individuals. The Union Cabinet approved PMAY 2.0, which would provide financial support to 1 crore urban poor and middle-class households for five years beginning September 1, 2024. One of India's key flagship initiatives, PMAY 2.0 will provide government support of up to 2.50 lakh per unit and an investment of ₹10 lakh crore. This government initiative intends to meet the housing needs of one crore families, delivering a higher standard of living for all citizens. PMAY 2.0: Eligibility Criteria States and UTs have the authority to redefine the annual income criteria for EWS families with the concurrence of the Ministry of Housing and Urban Affairs (MoHUA). However, it's important to note that beneficiaries who have received housing assistance from any central, state/UT government, or local self-government housing scheme in the last 20 years are not eligible for this scheme. Families belonging to the EWS (Economically Weaker Section), LIG (Low Income Group), and MIG (Middle Income Group) categories, residing in urban areas and without a pucca house in any family member's name, can purchase or construct a house under PMAY-U 2.0. Income Criteria: EWS: Annual income up to ₹3 lakh. LIG: Annual income from ₹3 lakh to ₹6 lakh. MIG: Annual income from ₹6 lakh to ₹9 lakh Preference Groups: Special preference is given to widows, single women, persons with disabilities, senior citizens, transgenders, and individuals from SC/ST communities, minorities, and other vulnerable sections of society. Focus on Specific Occupations: The scheme pays special attention to groups such as safai karmis, street vendors, artisans, anganwadi workers, building and construction workers, and residents of slums PMAY 2.0: How to Apply Here's a step-by-step guide on how to apply for the Pradhan Mantri Awas Yojana 2.0: Go to the official website of PMAY-U: Navigate through the website, and read the PMAY-U 2.0 guidelines. Cross-check and verify your eligibility for the scheme. Click on “Apply for PMAY-U 2.0.” Fill out the application form with your address, income proof, and other details. Provide Aadhaar details, followed by OTP for verification. Submit the form and await confirmation of application status. PMAY 2.0: Documents Required Enlisted below are the documents required for application of PMAY 2.0 Aadhaar details of the applicant and family members Active bank account and its details (Please note, it should be linked to your Aadhaar) Income certificate A caste/community proof certificate is required in case those belonging to other backward classes (SC/ST/OBC) Land documents (if applying for financial assistance to construct on own land)
