About Pradhan Mantri Awas Yojana

Shri. Narendra Modi Ji , the Prime Minister of India, launched the Pradhan Mantri Awas Yojana (PMAY), on 1 June 2015. PMAY Scheme, an initiative of the Indian government, aims at providing affordable housing solutions to the urban poor.

The objective is to render housing for all by 2022, as the nation celebrates 75 years of its independence by that time. It also aims to make housing available to specific demographics, such as economically challenged groups, women, and minority people, including Scheduled Castes and Scheduled Tribes.

Under this initiative, affordable houses will be constructed in selected cities and towns, using environment-friendly construction methods for the benefit of India's urban poor. Beneficiaries under PM Awas Yojana are also eligible for interest subsidy under the Credit Linked Subsidy Scheme if they make use of a loan to buy or build a house.

Affordable Rental Housing Complexes Ministry of Housing & Urban Affairs has initiated Affordable Rental Housing Complexes (ARHCs), a sub-scheme under Pradhan Mantri Awas Yojana - Urban (PMAY-U).

This will provide ease of living to urban migrants/ poor in Industrial Sector as well as in non-formal urban economy to get access to dignified affordable rental housing close to their workplace.