Pmay urban: For providing decent rental

For providing decent rental housing at affordable rates to urban migrants/poor near their place of work, ARHCs was initiated as a sub-scheme under PMAY -U. This will provide ease of living to urban migrants/poor in Industrial Sector as well as in non-formal urban economy to get access to dignified affordable rental housing close to their workplace. Pradhan Mantri Awas Yojana ( Urban ) Mission launched on 25th June 2015 which intends to provide housing for all in urban areas by year 2022. Pradhan Mantri Awas Yojana - Urban 2.0 ( PMAY -U 2.0) – ‘Housing for All’ Mission provides financial Assistance to 1 crore urban poor and middle-class families to construct, purchase or rent a house at an affordable cost in cities. PMAY -U 2.0 is implemented through four verticals i.e., Beneficiary Led Construction, Affordable Housing in Partnership, Affordable Rental Housing and Interest Subsidy Scheme. Families belonging to EWS/LIG/MIG segments, having no pucca house anywhere in the ... The Union Cabinet chaired by Hon’ble Prime Minister Shri Narendra Modi approved Pradhan Mantri Awas Yojana- Urban 2.0 under which financial assistance will be provided to 1 crore urban poor and middle-class families through States/Union Territories (UTs)/PLIs to construct, purchase or rent a house at an affordable cost in urban areas in 5 years starting from 1st Sept 2024. A beneficiary family will comprise of husband, wife, unmarried sons and/or unmarried daughters. Families belonging to ...