Pradhan Mantri Awas Yojana (PMAY) – Housing for All

Date : 01/06/2015 - | Sector: RURAL & URBAN AREA

Under this scheme, affordable houses will be built in selected cities and towns using eco-friendly construction methods for the benefit of the urban poor population in India. Also, under the Credit Linked Subsidy Scheme, beneficiaries under PM Awas Yojana are eligible for interest subsidy if they avail a loan to purchase or construct a house.

Based on recent estimates, as of September 2016, the population of the urban dwellers in India increased at an alarming rate and is expected to see a greater rate of growth in the following years. It is said that by 2050, urban dwelling population will rise to 814 million people. The calculation predicted is almost twice the number that already reside in urban areas. The major challenges also include providing people with housing options that are affordable and other major related concerns such as sanitation along with sustainable development. The Ministry also has to ensure a sustainable and safe environment for the urban population.

The main objective of the PM Awas Yojana Scheme is housing that is affordable for all by the year 2022.
It also intends to make it accessible to demographics that are specific such as economically challenged groups, women along people belonging to minorities such as Scheduled Castes and Scheduled Tribes.
The Government’s other goal is directly in association with some of the most ignored demographics which include widows, lower income group members, transgender and henceforth provide them with sustainable and affordable housing scheme.
Special preferences for ground floor properties will be given to differently abled and senior citizens if required.
Registration is mandatory to avail the benefits of this scheme which includes the strict beneficiary names to be mothers or wives.
This scheme launch is intended to target urban areas of the following options to States or Union Territories as well as cities as mention earlier.


The applicant should be 21 to 55 years of age to take advantage of PMAY. However, if the head of the family or applicant is more than 50 years of age, then the chief legal heir will be included in the home loan


housing requirements of the poor

How To Apply

Visit the PM Awas Yojana official website