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Pradhan Mantri Awas yojana

Pradhan Mantri Awas Yojana (Urban) is a vision of Prime Minister Narendra Modi of India which was launched in June 2015 with an aim to provide affordable houses with water facility, sanitation and electricity supply round-the-clock to urban poor. The government has identified 305 cities and towns have been identified in 9 states for beginning construction of these affordable houses.

Under PMAY, it is proposed to build 2 crore houses for urban poor, including Economically Weaker Sections and Low Income Groups in urban areas by the year 2022 through a financial assistance of Rs 2 trillion from central government.

The features of Pradhan Mantri Awas Yojana are that the government will provide an interest subsidy of 6.5 per cent on housing loans availed by the beneficiaries for a period of 15 years from the start of a loan. The houses under Pradhan Mantri Awas Yojana would be constructed through a technology that is eco-friendly. Its prime objective is to deliver the project by 2022. The houses under this scheme will be allocated to the females of the family or jointly with males.

In his Budget speech on February 1, 2017, finance minister Arun Jaitley said that the size of affordable housing carpet area will be extended.

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Pradhan Mantri Awas yojana News

Jr assistant caught taking bribe

Feb 25, 2025, 00:02 (IST)

Clerk lands in vigilance net for graft

Feb 24, 2025, 00:35 (IST)

PMAY scheme in Kochi corp caught in imbroglio

Feb 23, 2025, 23:20 (IST)

Maharashtra revenue dept extends deadline for conversion of govt leasehold land to freehold till Dec 2025

Feb 23, 2025, 22:23 (IST)

‘Maharashtra has decided real Shiv Sena, NCP’: Amit Shah thanks voters for Mahayuti’s victory

TNN / Feb 23, 2025, 01:29 (IST)

Union home minister Amit Shah, during his visit to Pune, praised Maharashtra's Mahayuti govt for implementing various developmental projects and distributing PMAY acceptance letters. He highlighted the achievements under CM Devendra Fadnavis and DCMs Ajit Pawar and Eknath Shinde. Shah emphasized the Centre's efforts in infrastructure, targeting a developed nation by 2047.

Over 19k in Nagpur district get PMAY-Rural approval letters

TNN / Feb 23, 2025, 00:29 (IST)

Maharashtra poll verdict picked out real Sena and NCP, says Amit Shah

TNN / Feb 22, 2025, 23:56 (IST)

Union home minister Amit Shah credits Modi government for infrastructure projects in Maharashtra and highlights the implementation by CM Fadnavis and DCMs Pawar and Shinde. Shah emphasizes the importance of schemes like PMAY and Jan Dhan accounts in the government's aim to make India a developed nation by 2047.

Traffic flow changes across city for home minister’s visit today

TNN / Feb 22, 2025, 01:08 (IST)

Over 19k Beneficiaries in Nagpur District to Get Homes Under PM Awas Yojana Today

Feb 21, 2025, 23:59 (IST)

Min Bhoyar urges Mhada to accelerate affordable housing initiatives

TNN / Feb 21, 2025, 00:26 (IST)

Chief minister Nayab Singh Saini directs timely implementation of central, state government welfare schemes at ground level

Feb 20, 2025, 00:17 (IST)

MLA inspects construction of houses under PMAY in Hubballi

TNN / Feb 19, 2025, 22:44 (IST)

Govt officer visits PVTG village in Garhwa to assess welfare needs and challenges

Feb 17, 2025, 23:26 (IST)

6,500 to be affected as KDMC to raze 65 buildings on HC order

Feb 17, 2025, 01:26 (IST)

Take action against officers delaying govt schemes: Gadkari

TNN / Feb 16, 2025, 00:47 (IST)

Govt to provide houses to all in urban areas by Aug

Feb 05, 2025, 21:56 (IST)

Cabinet allocates 50k cr for housing projects for urban poor

TNN / Feb 05, 2025, 00:36 (IST)

Eknath Shinde skips meet with CM Devendra Fadnavis, sparks talk of rift again

TNN / Feb 04, 2025, 00:02 (IST)

Deputy CM Eknath Shinde did not attend a key review meeting of flagship social sector schemes chaired by CM Devendra Fadnavis, fueling speculation of a rift between the two leaders. Dy CM Ajit Pawar was present, and CM Fadnavis emphasized speeding up the completion of housing targets.

Survey says 1.18 crore houses sanctioned under PMAY-Urban

PTI / Feb 01, 2025, 09:58 (IST)

As of November 25, 2024, PMAY-U has sanctioned 1.18 crore houses, with 1.14 crore under construction and over 89 lakh completed. Metro rail and rapid rail transit are progressing in 29 cities, while urban water management and real estate regulation also show significant advancements.