Pradhan Mantri Awas Yojana (PMAY) is a government scheme launched in 2015 with the objective of providing affordable housing to all by the year 2022.
Overview
The Pradhan Mantri Awas Yojana (PMAY) is a flagship housing scheme launched by the Government of India in 2015. The main aim of the scheme is to provide affordable housing for all by the year 2022. Under this scheme, the government provides financial assistance to eligible beneficiaries in the form of a subsidy on home loan interest rates or direct financial assistance.
The PMAY scheme is divided into two categories: PMAY Urban and PMAY Gramin. The PMAY Urban scheme focuses on providing affordable housing to the urban poor, whereas the PMAY Gramin scheme aims to provide housing for the rural poor. As of 2021, more than 1.12 crore houses have been sanctioned under the PMAY scheme, out of which around 92 lakh houses have been completed.
The scheme has also been modified and extended several times to ensure that the maximum number of people can benefit from it. In 2020, the government announced an extension of the PMAY scheme till March 2021, with a focus on providing affordable rental housing for migrant workers and the urban poor.
Pradhan Mantri Awas Yojana Application Status Overview
| Article’s name | PMAY Status 2024 |
| Scheme Name | Pradhan Mantri Awas Yojana |
| Launch date | 2015 |
| Launch by | PM Narendra Modi |
| Methods to check PMAY Status | 5 Different Methods |
| Website | https://pmaymis.gov.in/ |
Objectives of PMAY Status 2024
The Pradhan Mantri Awas Yojana (PMAY) is a flagship housing scheme launched by the Government of India in 2015. The main objective of the PMAY scheme is to provide affordable housing for all by the year 2022. As of 2024, the PMAY scheme is expected to have achieved the following objectives:
Construction of Affordable Houses: The primary objective of the PMAY scheme is to construct affordable houses for the economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG) of the society. The scheme aims to construct around 2.95 crore houses by 2022.
Empowering Women: The PMAY scheme focuses on empowering women by providing them with equal rights to property and ownership of the house. Under the scheme, women are given preference in the allocation of housing.
Promoting Sustainable Development: The PMAY scheme aims to promote sustainable development by encouraging the use of eco-friendly and sustainable building materials and techniques in the construction of houses.
Boosting the Economy: The PMAY scheme aims to provide a boost to the economy by generating employment opportunities in the construction sector and related industries.
Facilitating Home Loan: The PMAY scheme provides financial assistance to eligible beneficiaries in the form of a subsidy on home loan interest rates or direct financial assistance. This helps in making the process of buying a house easier for the beneficiaries.
Overall, the PMAY scheme has been successful in achieving its objectives of providing affordable housing to the poor and empowering women. However, there is still a long way to go to ensure that everyone in India has access to safe and affordable housing. The government is expected to continue its efforts towards achieving this goal in the coming years.
Eligibility Criteria for PMAY (Pradhan Mantri Awas Yojana)
To apply for the Pradhan Mantri Awas Yojana (PMAY) scheme, an individual needs to fulfil the following eligibility criteria:
Income Criteria: The PMAY scheme is primarily meant for individuals belonging to the economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG). The income criteria for each category are as follows:
EWS: Annual household income of up to ₹ 3 lakhs
LIG: Annual household income between ₹ 3 lakhs and ₹ 6 lakhs
MIG I: Annual household income between ₹ 6 lakhs and ₹ 12 lakhs
MIG II: Annual household income between ₹ 12 lakhs and ₹ 18 lakhs
Property Ownership: The applicant or his/her family members should not own any pucca house in their name or in the name of any family member in any part of India to be eligible for the PMAY scheme.
Aadhaar Card: The applicant needs to have a valid Aadhaar card to apply for the PMAY scheme.
Age Criteria: The applicant needs to be at least 18 years of age to apply for the PMAY scheme.
Property Location: The PMAY scheme is available for houses constructed or to be constructed in urban areas only.
Validity of Application: The applicant can apply only once, either under PMAY (Urban) or PMAY (Gramin).
It is important to note that meeting the above eligibility criteria does not guarantee the selection of the applicant for the PMAY scheme. The selection of beneficiaries is done by the state and central government based on certain selection criteria such as the number of years of stay in the city or town, family size, and others
Pradhan Mantri Awas Yojana Benefits
The Pradhan Mantri Awas Yojana (PMAY) is a flagship housing scheme launched by the Government of India in 2015. The scheme has several benefits for the beneficiaries, some of which are:
Affordable Housing: The primary benefit of the PMAY scheme is that it provides affordable housing to the economically weaker sections (EWS), low-income groups (LIG), and middle-income groups (MIG) of the society. The scheme aims to provide affordable housing to around 2.95 crore households by 2022.
Financial Assistance: The PMAY scheme provides financial assistance to eligible beneficiaries in the form of a subsidy on home loan interest rates or direct financial assistance. This helps in reducing the burden of the cost of construction or purchase of a house.
Empowering Women: The PMAY scheme focuses on empowering women by providing them with equal rights to property and ownership of the house. Under the scheme, women are given preference in the allocation of housing.
Subsidised Interest Rates: The PMAY scheme provides a subsidy on home loan interest rates to the beneficiaries, which makes it easier for them to avail of home loans and reduces the overall cost of construction or purchase of the house.
Flexible Tenure: The PMAY scheme provides a flexible tenure for the repayment of the home loan, which helps in reducing the burden of repayment on the beneficiaries.
Employment Generation: The PMAY scheme has the potential to generate employment opportunities in the construction sector and related industries, which can help in boosting the economy.
Environment-Friendly: The PMAY scheme promotes the use of eco-friendly and sustainable building materials and techniques in the construction of houses, which helps in promoting sustainable development.
How to Check PMAY Status?
PMAY, or Pradhan Mantri Awas Yojana, is a government housing scheme in India. You can check the status of your PMAY application by following the steps below:
- Go to the official PMAY website at https://pmaymis.gov.in/.
- Click on the Citizen Assessment option under the Menu section on the home page.
- Select the appropriate category for which you have applied for the scheme – For Slum Dwellers or Benefits Under Other 3 Components.
- Enter your application number in the appropriate field and click on the Submit button.
- If your application number is correct and your application has been processed, you will be able to view the status of your PMAY application.
- If you do not have your application number, you can also check the status of your PMAY application using your personal details such as name, father’s name, and mobile number.
Contact Details
In case of any queries, Vakilsearch experts are available to give a proper understanding of the scheme and in checking the status of Pradhan Mantri Awas Yojana 2024.
