+
PMAY-Urban's second phase is to be launched soon
Real Estate

PMAY-Urban's second phase is to be launched soon

Officials stated that the second phase of Pradhan Mantri Awas Yojana (Urban) would soon be launched, with the allocation for the scheme expected to be made in the Union budget the following month. An official from the Union Housing and Urban Affairs Ministry mentioned that the modalities of PMAY-U 2.0 were currently under development, with the second phase scheduled for launch within a month.

According to the official, the plan is to construct over 10 million houses in urban areas, aiming to extend assistance to a greater number of urban families. "The upcoming phase of the scheme will be launched soon, building upon the insights gained from the first phase of PMAY-U and focusing on improved targeting and expedited disbursement," the official added.

Another official indicated that PMAY-U 2.0 is expected to encompass three categories: the economically weaker section (EWS), the low-income group (LIG), and the middle-income group (MIG). In its first meeting under the chairmanship of Prime Minister Narendra Modi on June 10, the Union Cabinet of the Modi 3.0 government approved government support for the construction of 30 million houses under PMAY.

PMAY-U was inaugurated by Modi on June 25, 2015, with the vision of 'Housing for All'. According to the ministry, over the course of nine years, PMAY-U has significantly impacted the lives of millions of families, for whom owning a pucca house was once only a distant aspiration. The government has been implementing PMAY since 2015-16 to provide assistance to eligible rural and urban households for constructing houses with basic amenities.

The ministry stated that out of the 11.4 million houses grounded for construction, more than 8.4 million have already been completed and delivered to beneficiaries. As part of the scheme, 9.4 million houses have been registered in the name of women. Additionally, around 2.5 million houses are under the Credit Linked Subsidy Scheme, one of the scheme's four verticals, according to an official.

"The PMAY-U promotes women's empowerment by facilitating home ownership in the name of female members or jointly. Over 9.4 million houses have been allocated in the name of women, thereby granting them a sense of identity," the ministry affirmed. It also highlighted that PMAY-U advocates for the adoption of new construction technologies on a large scale. The Light House Projects (LHPs) in six locations across the country exemplify the promotion of affordable housing projects constructed using innovative technologies, which can be replicated nationwide.

The ministry noted that the LHPs in Chennai, Rajkot, Indore, Lucknow, and Ranchi have already been inaugurated by the prime minister, while construction in Agartala is progressing well towards completion.

Officials stated that the second phase of Pradhan Mantri Awas Yojana (Urban) would soon be launched, with the allocation for the scheme expected to be made in the Union budget the following month. An official from the Union Housing and Urban Affairs Ministry mentioned that the modalities of PMAY-U 2.0 were currently under development, with the second phase scheduled for launch within a month. According to the official, the plan is to construct over 10 million houses in urban areas, aiming to extend assistance to a greater number of urban families. The upcoming phase of the scheme will be launched soon, building upon the insights gained from the first phase of PMAY-U and focusing on improved targeting and expedited disbursement, the official added. Another official indicated that PMAY-U 2.0 is expected to encompass three categories: the economically weaker section (EWS), the low-income group (LIG), and the middle-income group (MIG). In its first meeting under the chairmanship of Prime Minister Narendra Modi on June 10, the Union Cabinet of the Modi 3.0 government approved government support for the construction of 30 million houses under PMAY. PMAY-U was inaugurated by Modi on June 25, 2015, with the vision of 'Housing for All'. According to the ministry, over the course of nine years, PMAY-U has significantly impacted the lives of millions of families, for whom owning a pucca house was once only a distant aspiration. The government has been implementing PMAY since 2015-16 to provide assistance to eligible rural and urban households for constructing houses with basic amenities. The ministry stated that out of the 11.4 million houses grounded for construction, more than 8.4 million have already been completed and delivered to beneficiaries. As part of the scheme, 9.4 million houses have been registered in the name of women. Additionally, around 2.5 million houses are under the Credit Linked Subsidy Scheme, one of the scheme's four verticals, according to an official. The PMAY-U promotes women's empowerment by facilitating home ownership in the name of female members or jointly. Over 9.4 million houses have been allocated in the name of women, thereby granting them a sense of identity, the ministry affirmed. It also highlighted that PMAY-U advocates for the adoption of new construction technologies on a large scale. The Light House Projects (LHPs) in six locations across the country exemplify the promotion of affordable housing projects constructed using innovative technologies, which can be replicated nationwide. The ministry noted that the LHPs in Chennai, Rajkot, Indore, Lucknow, and Ranchi have already been inaugurated by the prime minister, while construction in Agartala is progressing well towards completion.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement