| Scheme Name | Pradhan Mantri Awas Yojana PMAY | ||||||||||||||||
| Agency | Ministry of Housing and Urban Poverty Alleviation | ||||||||||||||||
| Purpose | Provide Affordable Houses to Indian citizens | ||||||||||||||||
| Scope of Scheme | Across India | ||||||||||||||||
| Pervious Name | Housing For All | ||||||||||||||||
| Launch Date | 25th June ,2015 | ||||||||||||||||
| Estimated Time for Completion | 7 years (2022) | ||||||||||||||||
| Number of Houses to Built | 2,00,000,00+ | ||||||||||||||||
| Primary Target Group | Poor people of India belonging to LIG and NEWS groups
LIG= Low Income Group EWS= Economically Weaker Section |
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| Targeted as Direct Beneficiaries |
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| Number of Phases to be completed |
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| Features of PMAY | Ø A subsidy will be granted to people from LIG and EWS segments of Urban Population which ranges between INR 1Lakh to 2.30 lakh.
Ø Government offer subsidized interest rate of 6.5% Ø Female members will get preference when it come allotment of houses under this scheme. Ø Differently able or those are aged will be given preference of Ground Floor Houses. Ø Under this Scheme,Governament will be granting an average of INR 100,000 to each beneficiary Ø Eligible Poor from the urban sectors of the nation will get INR 150,000 central funding in case they want to build their own house or make some kind of renovation. |
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| Credit Linked Subsidy Scheme of PMAY | Ø Government loan of up to INR 6,00,000 for a period of 15 years or less
Ø Subsidized interest rate of 6.5% |
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| Website | http://pmaymis.gov.in/ | ||||||||||||||||
| Contact Numbers and Mail ID | Phone Numbers | ||||||||||||||||
| Attachements | Scheme Application Form | ||||||||||||||||
| Telangana Andhra Pradesh | |||||||||||||||||
| Cities Selected in Telangana and Andhra Pradesh |
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