Affordable Housing with PMAY Urban Scheme
The (Pradhan Mantri Awas Yojana) PMAY Urban is a key initiative by the Indian government to provide affordable housing for urban poor. Under this scheme, eligible beneficiaries are given financial assistance to construct or purchase homes. PMAY Urban focuses on providing “Housing for All” by 2022 through a variety of options such as credit-linked subsidies, affordable housing projects, and other incentives. This initiative aims to reduce homelessness and improve living conditions for millions of low-income urban residents.