PMAY-U 2.0: Who can apply for affordable homes under Pradhan Mantri Awas Yojana
India TodayThe central government has launched the second phase of the Pradhan Mantri Awas Yojana - Urban 2.0 to provide affordable housing for one crore urban poor, middle-class families, and economically disadvantaged groups in metropolitan areas. INCLUSIVE URBAN DEVELOPMENT PMAY-U 2.0, a flagship government initiative, focuses on offering all-weather pucca houses to eligible beneficiaries in urban areas. PMAY-U 2.0 incorporates four verticals to address housing requirements: Beneficiary-Led Construction Affordable Housing in Partnership Affordable Rental Housing Interest Subsidy Scheme WHO CAN APPLY? With a focus on inclusive urban development and equity, PMAY-U 2.0 promises a transformative impact on India's urban housing landscape, making affordable homes a reality for millions.