Cabinet Approves PMAY-U 2.0: Eligibility & Benefits For Urban Housing
The Union Cabinet has approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0, aiming to build 1 crore homes and promote equity across various urban populations.
Scheme Overview:
PMAY-U 2.0 offers financial support for building, buying, or renting affordable urban homes. It focuses on marginalized groups, including slum dwellers, SC/STs, minorities, and more.
Eligibility Criteria:
Scheme Verticals:
Interest Subsidy Scheme (ISS):
Offers up to 4% interest subsidy on loans up to ₹8 lakh for 12 years, with a maximum subsidy of ₹1.80 lakh, accessible via smart cards, websites, or OTPs.
The PMAY-U 2.0 scheme aims to address urban housing needs effectively, supporting various income groups and enhancing living conditions across cities.
California officials warn residents in wildfire-affected areas to avoid using tap water due to potential…
Coldplay’s Navi Mumbai concert captivated fans with electrifying performances and emotional moments, including Chris Martin…
Arvind Kejriwal condemned the stone attack on his car during election campaigning, calling it a…
A groom-to-be tragically lost his life in Delhi’s Ghazipur when his car caught fire while…
Prime Minister Modi praised the Election Commission for using technology to strengthen democracy, while also…
Florida children's book author Jennifer Wolfthal and her husband were sentenced to 10 years for…