What are the key features of the PMAY-U scheme

An overview of the Pradhan Mantri Awas Yojana - Urban scheme and its components.
  • Pradhan Mantri Awas Yojana - Urban (PMAY-U) is a flagship housing scheme by the Government of India.
  • Key features include providing pucca houses with basic amenities to eligible urban poor beneficiaries.
  • Subsidies are offered to beneficiaries under various categories based on income levels.
  • Components include in situ slum redevelopment, affordable housing through credit-linked subsidy, beneficiary-led individual house construction, etc.
  • The scheme aims to ensure housing for all by 2022, promoting sustainable and inclusive urban development.
  • PMAY-U helps empower economically weaker sections and low-income groups by providing them with affordable housing solutions.
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