Contents
Short details
| Name of scheme | Pradhan Mantri Awas Yojana Urban 2.0 (PMAY-U 2.0) |
| Run | Launched 01.09.2024, runs to August 2029, targets 1 crore urban families |
| Who | Urban families without a pucca house anywhere in India |
| Interest subsidy | 4 per cent on the first Rs 8 lakh of a home loan, up to Rs 1.80 lakh, for EWS, LIG and MIG |
| Grant | Rs 2.5 lakh per house under BLC and AHP, Rs 1.5 lakh from the centre and at least Rs 1 lakh from the state in most states |
| Facts last read | 29.09.2026 |
Important Links
| Link | Status |
|---|---|
| Apply online, PMAY-U 2.0 | Click here · Live, checked 15.10.2026 |
| Ministry of Housing and Urban Affairs | Click here · Live, checked 15.10.2026 |
| National Housing Bank | Click here · Live, checked 15.10.2026 |
| Jan Samarth portal | Click here · Live, checked 15.10.2026 |
Four components
| Component | Who | What you get |
|---|---|---|
| Beneficiary led construction | EWS up to Rs 3 lakh income on own plot | Rs 2.5 lakh per house |
| Affordable housing in partnership | EWS buying in partnership projects | Rs 2.5 lakh per unit |
| Affordable rental housing | Working women, workers, migrants, students | Rental homes |
| Interest subsidy scheme | EWS, LIG, MIG borrowers | 4 per cent on first Rs 8 lakh |
PMAY-U progress on the ministry panel, 29.09.2026
| Completed | 100.26 lakh of 124.93 lakh sanctioned houses, 80.3 per cent |
| Under construction | 18.10 lakh, and 6.57 lakh not yet grounded |
| Caution | The panel counts the 2015 scheme and 2.0 together, so these are not 2.0 figures alone |
| Higher centre share | Rs 2.25 lakh in the North-East, Himachal, Uttarakhand, Delhi, J&K and Puducherry |
Written By: Ravi Kumar
Ravi Kumar owns and edits Global Drishti. Recruitment, result and scheme details are read from the issuing body's own notice or portal and dated on the page. Questions or corrections: 8619679760 or support@globaldrishti.in.
Frequently Asked Questions
What is the PMAY Urban 2.0 interest subsidy?
4 per cent on the first Rs 8 lakh of a home loan, up to Rs 1.80 lakh.
Who can apply for PMAY Urban 2.0?
Urban families who do not own a pucca house anywhere in India.
Until when does PMAY Urban 2.0 run?
From 01.09.2024 to August 2029.