What you need to know
PMAY is the central government’s housing-for-all programme. PMAY-Urban 2.0 (approved August 2024) aims at 1 crore urban houses over five years through four verticals, including an interest subsidy on home loans. PMAY-Gramin has been extended for FY 2024-25 to 2028-29 with 2 crore more rural houses. The CLSS subsidy of PMAY-U 1.0 has closed.
PMAY-U 2.0 vs PMAY-G
| Point | PMAY-Urban 2.0 | PMAY-Gramin |
|---|---|---|
| Area | Urban (statutory towns) | Rural |
| Target | 1 crore houses over 5 years | 2 crore additional; cumulative 2.95 crore |
| Help | ₹2.50 lakh per unit (BLC/AHP); 4% interest subsidy via ISS (max ₹1.80 lakh) | ₹1.20 lakh (plains); ₹1.30 lakh (NE & hill states/UTs) + MGNREGA wages + ₹12,000 toilet (SBM-G) |
| Eligibility | EWS/LIG/MIG up to ₹9 lakh income; no pucca house anywhere in India | SECC 2011 / Awaas+ lists after exclusion criteria |
| Apply | pmaymis.gov.in or lending bank/HFC | Gram panchayat; pmayg.nic.in / Awaas+ app |
PMAY-U 2.0 verticals
₹2.50 lakh assistance to build on own land.
₹2.50 lakh per unit in partnership projects; TIG ₹1,000 per sq m.
Rental housing for migrants and workers; TIG ₹3,000 per sq m.
4% subsidy on first ₹8 lakh of home loan for houses up to ₹35 lakh.
PMAY subsidy calculator
Frequently asked questions
Is PMAY still available in 2026?
Yes — PMAY-U 2.0 and PMAY-G are both running. The old CLSS under PMAY-U 1.0 is closed.
Can both husband and wife claim PMAY separately?
No. The beneficiary is the family (husband, wife and unmarried children); one benefit per family.
For information and comparison only. Loan terms, rates and rules change — confirm with the lender and read the Key Facts Statement before borrowing.