What is Pradhan Mantri Awas Yojana (PMAY)?
The Pradhan Mantri Awas Yojana (PMAY) is a nationwide scheme of the Government of India that aims to provide housing for all by 2022.
Prime Minister Shri Narendra Modi announced Pradhan Mantri Awas Yojana in his Independence Day speech. The scheme is for affordable housing for all by 2022.
The Prime Minister of India has been inaugurating homes for the poor under the Pradhan Mantri Awas Yojana (PMAY).
Here is how this scheme aims to improve the lives of those in need. I compare it with similar schemes running in other countries. Pradhan Mantri Awas Yojana (PMAY) is a scheme launched by the Prime Minister of India Narendra Modi ji to make affordable homes available for all by 2022 (one of his electoral promises).
The ultimate aim of this scheme is to construct 20 million houses for the people belonging to Economically Weaker Section (EWS), Lower Income Group (LIG) and Middle Income Group who live in kutcha houses or temporary structures.
The Pradhan Mantri Awas Yojana (PMAY) has been launched by the government of India as part of its Housing For All scheme.
Pradhan Mantri Awas Yojana Eligibility Criteria
The banks offer loans at a comparatively lower rate as government pays the rest on behalf of the applicant. This model of subsidized loans helps more economically weaker people to build a house. Here’s what it looks like:
- The Applicant’s Family must not own a house in any part of the country.
- In the case of a Married couple, either a Single or a Joint ownership deal is allowed, and both options will receive just one subsidy.
- The Applicant’s Family must not have availed the benefit of any housing-related schemes set up by the Government of India.
|Section||Annual Family Income||Maximum carpet area|
|EWS||Rs.3 lakh||60 square meters (645.83 square feet)|
|LIG||Rs.6 lakh||60 square meters (645.83 square feet)|
|MIG1||Rs.6 lakh to Rs.12 lakh||160 square meters (1722.33 square feet)|
|MIG2||Rs.12 lakh to Rs.18 lakh||200 square meters (2152.78 square feet)|
In order to avail a house or financial reinforcement from the government, every applicant needs to meet the eligibility criteria set by the PMAY committee. Prospective applicants have been branched into six distinct groups
- Economically Weaker Section (EWS):People who earn an annual household income less than Rs.3 lakh come under the EWS category. However, an applicant claiming to be from EWS needs to provide relevant proof to the government to ascertain their claims.
- Light Income Group (LIG): People that fall under LIG category usually have an annual household income ranging between Rs.3 lakh to 6 lakh. Again, to be eligible for consideration, they need to provide sufficient proof of their economic standing.
- Medium Income Group (MIG1): Those who earn an annual household income below Rs.12 lakh fall under the MIG1 category. These people can avail loans of up to Rs.9 lakh for the construction of a residence.
- Medium Income Group (MIG2): Individuals earning an annual household income between Rs.12 to Rs.18 lakh will fall under MIG2 of the PMAY scheme. These people can avail loans of up to Rs.12 lakh.
- Minorities: People hailing from minority groups like SC/ST/OBC will fall under minorities. To be considered under the PMAY scheme, these people need to meet to provide relevant caste and income certificates.
- Women: Women belonging to EWS/LIG categories will be considered if they apply under the PMAY scheme.
Besides this, there is a basic requirement an applicant has to meet. For instance, if the beneficiary is a family, it must comprise of a husband, wife, and unmarried children. Also, no person from the family should own a house in their name.
Documents Required for PMAY
- The applicant needs to provide their Aadhaar details and one cannot apply for this scheme without one
- For Identity and residential proof, the documents that can be furnished include PAN card, Voter ID, Driving License
- In case the applicant belongs to a minority community, the proof of the same needs to provided.
- There is need to provide proof of Nationality. This can be done using the passport
- Economically Weaker Section certificate or Low Income Group certificate should be provided
- Salary slips
- IT return statements
- Property valuation certificate
- Bank details and account statements
- Proof that the applicant does not own a ‘pucca’ house
- Proof that the applicant is constructing a home under the scheme
Pradhan Mantri Awas Yojana Parameters
Pradhan Mantri Awas Yojana Types
The Pradhan Mantri Awas Yojana (PMAY) scheme was launched by the Government of India to boost the affordability of houses against an inflated real estate sector. The scheme aims to achieve its objective of “Housing for All” by 31 March 2022, the 150th birth anniversary year of Mahatma Gandhi, by constructing 20 million houses across the nation.
Based on the areas that it caters to, this Yojana has two parts — Urban and Gramin.
Pradhan Mantri Awas Yojana Urban (PMAY-U)
At present, the Pradhan Mantri Awas Yojana Urban (PMAY-U) has around 4,331 such towns and cities under this scheme. It also includes urban development authority, special area development authority, industrial development authority, development area, notified planning, and every other authority which is responsible for urban planning and regulations.
The scheme will progress in the following three phases:
Phase 1. To cover 100 cities in select states and UTs between April 2015 and March 2017.
Phase 2. To cover 200 additional cities between April 2017 and March 2019.
Phase 3. To cover the remaining cities between April 2019 and March 2022.
As per data from the Ministry of Housing and Urban Affairs, as of 1st July 2019, the progress of PMAY-U in all states and union territories:
- Sanctioned houses — 83.63 Lakh
- Completed houses — 26.08 Lakh
- Occupied houses — 23.97 Lakh
According to the same data, the total amount deemed to be invested is Rs. 4,95,838 Crore out of which, Rs. 51,414.5 Crore of funds have already been released.
In the 52nd meeting of the Central Sanctioning and Monitoring Committee (CSMC) held on 20th January 2021, The Union Housing and Urban Affairs Ministry said that the Construction of 1.68 lakh houses has been approved by the government of India under the Pradhan Mantri Awas Yojana Urban (PMAY-Urban) Scheme.
A basket of options is adopted to ensure more number of people depending on their income, finance and availability of land through following four options.
“In-situ” Slum Redevelopment (ISSR)
Under Slum redevelopment Central Assistance of Rs.1 lakh per house is admissible for all houses built for eligible slum dwellers under the component of In-situ Slum Redevelopment (ISSR) using land as Resource with participation of private developers. This slum rehabilitation grants can be utilised by States/UTs for any of the slum redevelopment projects. After redevelopment, de-notification of slums by State/UT Government is recommended under the Mission guidelines.
Credit Linked Subsidy Scheme (CLSS)
Interest Subsidy up to 2.67 lakh per house is admissible for Beneficiaries of Economically Weaker Section (EWS)/Low Income Group (LIG), Middle Income Group (MIG)-I and Middle Income Group (MIG)-II seeking housing loans from Banks, Housing Finance Companies and other such institutions for acquiring/constructing houses. The interest subsidies of 6.5%, 4% and 3% on loan amount up to Rs. 6 lakh, Rs. 9 lakh and Rs. 12 lakh are admissible for a house with carpet area of up to 60, 160 and 200 Sq.Meter for EWS/LIG, MIG I and MIG II respectively.The benefit for EWS/LIG beneficiaries under CLSS works out to as high as Rs. 6 lakh over a loan period of 20 years
Affordable Housing in Partnership (AHP)
Central Assistance of Rs.1.5 Lakh per EWS house is provided by Government of India in projects where at least 35% of the houses in the projects are for EWS category and a single project has at least 250 houses.
Beneficiary-led individual house construction/enhancements (BLC)
Under this component, Central Assistance of Rs.1.5 lakh is available to individual eligible families belonging to EWS categories to either construct new houses or enhance existing houses on their own to cover the beneficiaries who are not able to take advantage of any other component of the Mission.
If the beneficiary has a pucca house with carpet area of up to 21 sq. mt. area or a semi-pucca house, lacking in one of the facilities- i.e. room, kitchen, toilet, bath or a combination of these, it may be taken up for enhancement subject to ULB/State ensuring structural safety of the house and adherence to following conditions:
• The total carpet area after enhancement must not be less than 21 sq. mt and must not be more than 30 sq. mt.
• Enhancement shall mean addition of minimum carpet area of 9.0 square meters in to the existing house with pucca construction of at least one habitable room or room with kitchen and/or bathroom and/or toilet conforming to NBC norms.
Pradhan Mantri Awas Yojana Gramin (PMAY-G)
The Pradhan Mantri Awas Yojana Gramin (PMAY-G) was formerly called the Indira Awas Yojana and was renamed in March 2016. It is targeted at promoting accessibility and affordability of housing for all of rural India with the exceptions of Delhi and Chandigarh.
The objective is to provide financial assistance to the homeless and those residing in decrepit houses to assist them in the construction of pucca houses. Beneficiaries living in plains can receive up to Rs. 1.2 Lakh and those in North-Eastern, hilly areas, Integrated Action Plan (IAP), and difficult areas can avail up to Rs. 1.3 Lakh owing to this housing endeavour. At present, as per data available from the Ministry of Rural Development, 1, 03,01,107 houses have been sanctioned in all states and UTs.
In an attempt to boost the purchases in the real estate sector, the Government launched PMAY, and this cost of housing development will be shared between the Central and State Government in the following ways:
- 64:40 for plain regions.
- 90:10 for North-Eastern and hilly areas.
Beneficiaries of this PMAY scheme will be identified as per data available from the Socio-Economic and Caste Census (SECC) and include –
- Scheduled castes and scheduled tribes.
- Non-SC/ST and minorities under BPL.
- Freed bonded labourers.
- Next of kin and widows of paramilitary forces and individuals killed in action, ex-servicemen, and those under a retirement scheme.
Pradhan Mantri Awas Yojana (PMAY) 2021 Online Application Form
Last date to Apply for PMAY Scheme and avail subsidy on Home Loan is 31st March 2022.
Download Pradhan Mantri Awas Yojana Application Form
Step:1- Log on to the Pradhan Mantri Awas Yojana website: pmaymis.gov.in
Step:2- Follow the steps listed below and access the application form by one of the two ways mentioned above.
Step:3- Click on the “print” option.
Apply online in pmaymis.gov.in
Step: 1 – Log on to the PMAY website pmaymis.gov.in
Step: 2 – Choose the ‘Citizen Assessment’ option and click on the applicable choice: “For Slum Dwellers” or “Benefits under other 3 components”.
Step: 3 – Enter Aadhaar card details
Step: 4 – This will redirect you to the application page, where you will have to fill in all the details accurately.
Step: 5 – The details to be filled include name, contact number, other personal details, bank account and income details, among others.
Step: 6 – Once this is done, choose the ‘Save’ option and enter the Captcha code.
Step: 7 – Then, click on the ‘Save’ button. The application is now complete and a print out can be taken at this stage.
you need to visit a Common Service Centre (CSC) made available by the state and union territory governments. There, you need to fill up and submit the application form provided by the officials after paying Rs.25 plus GST.
Check PMAY Application Status Online?
Those who have applied for this scheme can check the status of the form and take a printout of the application. Let’s explore how.
There are basically 2 ways to track the PMAY Application Status
- With Assessment ID
- By entering other personal details such as Name, Father’s Name & Mobile No