Indian govt increases EWS income slab for Affordable Housing in Mumbai
Real Estate

Indian govt increases EWS income slab for Affordable Housing in Mumbai

The Indian government has announced a significant measure aimed at improving the living conditions of the urban poor. As part of the Pradhan Mantri Awas Yojana - Urban (PMAY-U) initiative, the income slab for the Economically Weaker Section (EWS) category will be increased from Rs 3 lakhs to Rs 6 lakhs for housing schemes in the Mumbai Metropolitan Region (MMR).

This decision comes in response to a letter from the Maharashtra government, which requested that the union government raise the income criterion for the EWS category in the affordable Housing in partnership (AHP) vertical of PMAY-U projects in the metropolitan region.

The primary objective of increasing the income slab is to expand the eligibility and accessibility of affordable housing for individuals belonging to the EWS category. This move will enable more people in the EWS category to benefit from housing lotteries announced by the Maharashtra Housing and Area Development Authority (MHADA) in the region.

In the recent lottery draw conducted by MHADA for 4,082 homes in Mumbai, over 1.45 lakh applications were received, and more than 1.19 lakh applicants have already paid the earnest money deposit. Out of these, a total of 23,773 applications were received for the 1,947 houses offered under the PMAY scheme.

The PMAY mission was launched by the government in June 2015 with the aim of providing housing for all. Under this scheme, the central government provides assistance to implementing agencies, including states, Union Territories (UTs), and Central Nodal Agencies (CNAs), to provide houses to eligible families and beneficiaries.

Through the affordable housing in partnership program, the central government offers a subsidy of Rs 1.5 lakh per dwelling unit. The AHP vertical approves housing projects with a minimum of 250 houses, of which at least 35 per cent need to be reserved for the EWS category. 

The Indian government has announced a significant measure aimed at improving the living conditions of the urban poor. As part of the Pradhan Mantri Awas Yojana - Urban (PMAY-U) initiative, the income slab for the Economically Weaker Section (EWS) category will be increased from Rs 3 lakhs to Rs 6 lakhs for housing schemes in the Mumbai Metropolitan Region (MMR).This decision comes in response to a letter from the Maharashtra government, which requested that the union government raise the income criterion for the EWS category in the affordable Housing in partnership (AHP) vertical of PMAY-U projects in the metropolitan region.The primary objective of increasing the income slab is to expand the eligibility and accessibility of affordable housing for individuals belonging to the EWS category. This move will enable more people in the EWS category to benefit from housing lotteries announced by the Maharashtra Housing and Area Development Authority (MHADA) in the region.In the recent lottery draw conducted by MHADA for 4,082 homes in Mumbai, over 1.45 lakh applications were received, and more than 1.19 lakh applicants have already paid the earnest money deposit. Out of these, a total of 23,773 applications were received for the 1,947 houses offered under the PMAY scheme.The PMAY mission was launched by the government in June 2015 with the aim of providing housing for all. Under this scheme, the central government provides assistance to implementing agencies, including states, Union Territories (UTs), and Central Nodal Agencies (CNAs), to provide houses to eligible families and beneficiaries.Through the affordable housing in partnership program, the central government offers a subsidy of Rs 1.5 lakh per dwelling unit. The AHP vertical approves housing projects with a minimum of 250 houses, of which at least 35 per cent need to be reserved for the EWS category. 

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement