central government scheme
Pradhan Mantri Awas Yojana - Urban
Common abbreviation: PMAY-UProvides central assistance to urban local bodies and implementing agencies for housing all eligible urban households.
Quick Facts
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Provides central assistance to urban local bodies and implementing agencies for housing all eligible urban households.
PMAY-Urban addresses urban housing shortage among EWS, LIG, and MIG categories by ensuring a pucca house for all eligible families.
Interest subsidy on home loans ranging from 3% to 6.5% based on income slab.