The Pradhan Mantri Awas Yojana Urban (PMAY-U) scheme is a transformative initiative aimed at providing affordable housing in urban areas. Launched to achieve “Housing for All,” it targets economically weaker sections, lower and middle-income groups with financial incentives and subsidies.
Understanding the eligibility criteria is crucial for potential beneficiaries to access these benefits. This guide explores the PMAY-U eligibility requirements, offering insights into how applicants can leverage the scheme for affordable home loans and substantial subsidies, thus making the dream of urban homeownership attainable for many.
What is PMAY – Urban?
The Pradhan Mantri Awas Yojana – Urban (PMAY-U) is a flagship housing initiative by the Government of India, aimed at ensuring affordable housing for urban residents. Launched in 2015, PMAY-U aspires to provide “Housing for All” by 2022, targeting the economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG) in urban areas.
Objectives of PMAY – Urban
- Affordable Housing: PMAY-U promotes affordable housing by offering subsidies and incentives to beneficiaries, reducing the financial burden of home ownership.
- Inclusive Development: The scheme prioritises vulnerable groups, including women, scheduled castes (SC), scheduled tribes (ST), and minority communities, ensuring inclusive development.
- Sustainable and Green Housing: PMAY-U encourages the adoption of eco-friendly and sustainable construction practices.
Components of PMAY Urban
In-Situ Slum Redevelopment (ISSR): This component focuses on transforming slum areas by leveraging the land as a resource. The idea is to redevelop these areas through public-private partnerships to provide pucca houses to slum dwellers. The government provides a grant to make the redevelopment economically feasible for private developers, aiming to integrate slum dwellers into the urban fabric with proper housing facilities.
Credit Linked Subsidy Scheme (CLSS): CLSS aims to make home loans affordable for lower and middle-income families by providing an interest subsidy on loans taken for new construction or the renovation of existing homes. Different income groups, categorised under Economically Weaker Sections (EWS), Lower Income Groups (LIG), and Middle Income Groups (MIG), receive varying subsidy rates and loan amounts, making home ownership more accessible.
Affordable Housing in Partnership (AHP): This component encourages public or private sector agencies to develop affordable housing projects in partnership with the government. The state provides financial or in-kind support, including land, to make these projects viable for developers and affordable for residents.
Beneficiary-led individual house construction or enhancements (BLC): BLC allows individual eligible families to receive a direct subsidy to construct a new house or enhance an existing house on their own land. This direct intervention ensures that families who own land but lack adequate housing can undertake construction without waiting for broader housing projects.
PMAY Urban Eligibility Criteria: Income Wise
| Income Group | Total Annual Household Income | Maximum Carpet Area |
|---|---|---|
| Economically Weaker Sections (EWS) | Up to Rs. 3 Lakhs | 30 sq. m. |
| Low Income Group (LIG) | Rs. 3 lakhs – Rs. 6 lakhs | 60 sq. m. |
| Middle Income Group-I (MIG-I) | Rs. 6 lakhs – Rs. 12 lakhs | 160 sq. m. |
| Middle Income Group-I (MIG-II) | Rs. 12 lakhs – Rs. 18 lakhs | 200 sq. m. |
PMAY Urban Housing Eligibility
- Beneficiary family comprises of husband and wife as well as any unmarried sons or daughters
- No member of the family should own a pucca house in their name in any part of India
- Beneficiaries should not have availed assistance from any other government housing scheme
- Adult earning members (irrespective of marital status) will be considered as a separate household if they do not own a pucca house anywhere in India
- Married couples are eligible for a single house either under joint or single ownership
How to Apply for Pradhan Mantri Awas Yojana Scheme Online?
- Visit the official website of PMAY – Urban
- Under Citizen Assessment drop down, click on Slum Dwellers or Benefit Under 3 Components.
- Enter your Aadhaar Number and click on Verify.
- Once your Aadhaar is verified, a form will be displayed on the screen.
- Fill out the form carefully and click on Submit.
How to Apply for Pradhan Mantri Awas Yojana Scheme Offline?
For offline applications, one must visit the Common Service Centers (CSC) established by state and union territory governments. At these centres, you will need to complete and submit the provided application form.
There is a nominal fee of Rs. 25 + GST for form processing. It is important to note that only CSCs are authorised by the Ministry of Housing and Urban Affairs (MOHUA) to collect this fee, and no private entities or individuals are permitted to charge any fee related to this scheme.
How to Check PMAY Status with an Aadhaar Card?
- Navigate to the official website of PMAY HFA Urban
- Enter your 12 digit Aadhaar Card Number and Click on Show.
- Once you enter your Aadhar number, you can track your PMAY application status.
PMAY Customer Care
You can contact the PMAY customer care team through several methods.
- For direct support, call their landline numbers at 011 2306 3285 or 011 2306 0484.
- Alternatively, you can send an email to their official email address: pmaymis-mhupa@gov.in.
Headquarters Address:
RK Gautam, Director (HFA-5)
Ministry of Housing and Urban Affairs
Room no 118, G Wing, NBO Building,
Nirman Bhawan, New Delhi-110011
Conclusion
The Pradhan Mantri Awas Yojana Urban (PMAY-U) scheme is a vital initiative to provide affordable housing for urban residents, targeting various income groups with financial incentives and subsidies. If you’re looking to benefit from PMAY-U and need guidance through the application process, Credit Dharma is here to help. Our experts can assist you in navigating the complexities of the scheme, ensuring you maximise the benefits available.
Frequently Asked Questions
No, the PMAY-U scheme is primarily targeted at Indian citizens residing in the country. Non-resident Indians (NRIs) are not eligible to apply for benefits under this scheme.
If your income changes after availing the PMAY-U subsidy, it does not affect your current subsidy. The subsidy is granted based on the income declared at the time of application. Future income changes will not impact the benefits already received.
Yes, the properties that qualify under PMAY-U include new constructions, existing homes, and homes undergoing renovation or extension. The property must be a pucca house and used as a primary residence.
Yes, the PMAY-U scheme has a deadline which is subject to extensions by the government. As of now, the scheme is set to end in December 2024, but applicants should verify current deadlines on the official PMAY-U website.
Yes, single women can apply for a home loan under PMAY-U. The scheme encourages female homeownership and provides various benefits such as interest subsidies and preferential treatment in housing allocation.
HDFC Home Loan
SBI Home Loan
