PMAY-U Schedule of Rates
About Pradhan Mantri Awas Yojana — Urban
PMAY-U (Pradhan Mantri Awas Yojana — Urban) is fundamentally a beneficiary-subsidy programme rather than a construction-rate framework. Launched in 2015 with the 'Housing for All by 2022' goal and continuing under PMAY-U 2.0 (2024 onward), the scheme operates through four verticals: ISSR (In-Situ Slum Redevelopment) using land as a resource, CLSS (Credit-Linked Subsidy Scheme) for home-loan interest subsidy, AHP (Affordable Housing in Partnership) for joint-venture housing projects, and BLC (Beneficiary-Led Construction) for individual self-construction. Eligible beneficiaries are categorised as EWS (≤₹3 lakh annual income), LIG (₹3-6 lakh), MIG-I (₹6-12 lakh) and MIG-II (₹12-18 lakh) — each receives a different subsidy quantum and tenure. The Updated Operational Guidelines (2022) consolidate scheme rules across all four verticals after multiple amendments since 2015. Construction itself uses state PWD or state housing-board SORs as the rate basis — HSVP Haryana, KSHB Karnataka, DDA Delhi, MHADA Maharashtra, etc. all execute their state's PMAY-U projects using internal SORs. The PMAY-U central guidelines fix subsidy ceilings (e.g., ₹1.5 lakh per house for BLC and AHP central share, plus state share); the actual house construction cost is per the state SOR — typically EWS units are designed at ~₹6-8 lakh total cost (varying by city), with the ₹1.5 lakh central + ~₹1.5 lakh state subsidy + beneficiary contribution + bank loan covering the gap. PMAY-G (Pradhan Mantri Awas Yojana — Gramin) is the rural counterpart under MoRD, targeting BPL households with lump-sum unit cost (₹1.20 lakh in plain areas, ₹1.30 lakh in hilly areas, plus sanitation and LPG add-ons). Both schemes are under MoHUA and MoRD respectively, with separate operational guidelines.
Frequently Asked Questions
Does PMAY-U have a Schedule of Rates?
No. PMAY-U is a beneficiary-subsidy scheme. Construction rates come from state housing-board or PWD SORs. The Operational Guidelines (linked here) specify subsidy slabs, not construction rates.
What are the EWS/LIG/MIG income brackets?
As per current guidelines: EWS ≤₹3 lakh annual; LIG ₹3-6 lakh; MIG-I ₹6-12 lakh; MIG-II ₹12-18 lakh. Subsidy varies by vertical and income bracket.
What are the per-unit subsidies?
Beneficiary-led Construction: ₹1.5 lakh per house. Affordable Housing in Partnership: ₹1.5 lakh from centre + state share. Credit-Linked: 6.5% interest subsidy on housing loan up to ₹6 lakh (LIG/EWS). Specific values are in the 2022 Guidelines.
Does PMAY-G (rural) follow the same structure?
PMAY-G is the rural counterpart, targeting BPL households with lump-sum unit cost (₹1.20 lakh plain / ₹1.30 lakh hilly + sanitation + LPG add-ons). Both schemes are under MoRD/MoHUA respectively.
How do state housing boards execute PMAY-U?
State Housing Boards (e.g., HSVP Haryana, KSHB Karnataka, DDA Delhi) execute their state's PMAY-U projects using their internal SORs or state PWD SORs. The PMAY-U central guidelines fix subsidy ceilings; rates are state-specific.