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PMAY-Urban Deadline Extended to 31 December 2025

23 May 20251 min read
GOVERNMENT SCHEMESPMAY-UrbanDeadline Extendedto 31 December202523 May 2025safalsetu.com

Why in the news

Urban beneficiaries now get until the end of 2025 to finish PMAY-U homes sanctioned by March 2022.

Key facts

  • New deadline: 31 December 2025.
  • Launched June 2015 by MoHUA under Housing for All, for EWS, LIG and MIG families.
  • Eligibility: urban resident owning no pucca house in India.
  • Offline applications via CSCs or listed partner banks, with a nominal fee.

PMAY-U 2.0 verticals

  • BLC: Beneficiary-Led Construction on own land.
  • AHP: Affordable Housing in Partnership with developers.
  • ARH: Affordable Rental Housing for migrants and urban poor.
  • ISS: Interest Subsidy Scheme to lower EMIs.

Exam angle

  • Nodal ministry: MoHUA; extension keeps interest subsidy available.

Test yourself

1. To which date was the PMAY-Urban completion deadline extended for projects sanctioned up to 31 March 2022?

The deadline was extended to 31 December 2025.

2. Which PMAY-U 2.0 vertical provides rental homes for migrant workers and the urban poor?

Affordable Rental Housing (ARH) caters to migrant workers and the urban poor.

3. Which ministry launched PMAY-Urban in June 2015?

PMAY-U was launched by MoHUA under 'Housing for All'.

This topic is part of Daily Current Affairs 22 May 2025 (15 topics).

All topics of the dayDay quizMay 2025

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