Affordable Housing Scheme : Pradhan Mantri Awas Yojana 2022

The Pradhan Mantri Awas Yojana2022 (PMAY) is a Government of India project that was launched in 2015 with the goal of providing affordable homes for economically disadvantaged parts of society. The PMAY plan aims to build around 20 million affordable dwellings by March 31, 2022. The Pradhan Mantri Awas Yojana Gramin (PMAY-G) programme has been extended till 2024. The total number of pucca dwellings has been reduced to 2.95 crore.

PMAY has transformed the dynamics of the real estate market by considerably lowering the cost of obtaining a home for the urban poor since its inception. If you want to own a property under the Pradhan Mantri Awas Yojana plan, here’s all you need to know about the PMAY (Pradhan Mantri Awas Yojana) scheme.

We’ve gone through the PMAY qualifying requirements and parameters, subsidy computation, how to apply for PMAY online/offline, and anything else you need to know about the PMAY housing plan 2022. Let us begin with the goal of the Pradhan Mantri Awas Yojana scheme-


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Advantages of PMAY

The Pradhan Mantri Awas Yojana plan was created to bridge the growing gap between demand and supply for urban homes. Consider the following important objectives of this scheme:


  • Slums will be rehabilitated with the assistance of private developers.
  • Through the Credit Linked Subsidy Scheme, to encourage affordable housing for the poorer classes.
  • To build affordable housing in collaboration with the public and private sectors.
  • Subsidies will be provided for beneficiary-led individual dwelling building.


Eligibility for Pradhan Mantri Awas Yojana in 2022


The beneficiaries of the PMAY plan are defined as follows by the Ministry of Housing and Urban Poverty Alleviation:

  • A Beneficiary might be a spouse, wife, or unmarried children.
  • A Beneficiary shall not possess a pucca house, which implies that the house should not be in the name of the Beneficiary or any other member of the family anywhere in India.
  • Any adult, regardless of marital status, can be classified as a distinct household.


Beneficiaries of the PMAY 2022 Scheme


PMAYU beneficiaries mostly include:

  • Middle Income Groups (MIG I) with yearly incomes ranging from Rs. 6 to 12 lakh.
  • MIG II (Middle Income Group) having an annual income of Rs. 12-18 Lakhs
  • Low-income Groups (LIGs) with annual income caps ranging from Rs. 3 to Rs. 6 lakh Economically Weaker Section (EWS) with yearly income caps ranging from Rs. 3 to Rs. 3 lakh

Beneficiaries from LIG and MIG are only eligible for the Credit Linked Subsidy Scheme under the Pradhan Mantri Awas Yojana, but beneficiaries from EWS are entitled for full support. To be recognised as a LIG or EWS recipient under the Scheme, the applicant must submit an affidavit in support of his income verification.



Pradhan Mantri Awas Yojana Eligibility Parameters






Total household income

Upto Rs 3 Lakhs

Rs 3 -6 Lakhs

Rs 6 -12 Lakhs

Rs 12 -18 Lakhs

Max loan tenure

20 years

20 years

20 years

20 years

Max dwelling unit carpet area

30 sq. m.

60 sq. m.

160 sq. m.

200 sq. m.

Max loan amount allowed for subsidy

Rs 6 Lakhs

Rs 6 Lakhs

Rs 9 Lakhs

Rs 12 Lakhs






Discount rate for net present value (NPV) calculation of interest subsidy (%) 





Max. interest subsidy amount

Rs 2,67,280

Rs 2,67,280

Rs 2,35,068

Rs 2,30,156



What is the Pradhan Mantri Awas Yojana?

Here’s an example to help you understand:

Assume you are in the MIG-II category (i.e. your total household income is between Rs 12-18 Lakhs). You intend to purchase a property costing Rs 50 lakhs. Your minimum down payment would be 20%, or Rs 10 Lakhs, and the remaining amount of Rs 40 Lakhs would be financed.

MIG-2 category candidates, on the other hand, are entitled for a 3% discount on loans of up to Rs 12 lakhs under PMAY 2022. As a result, you would have to pay the lender a standard (non-subsidized) interest rate on the remaining Rs 28 Lakhs of loan.


Subsidy Calculation for Pradhan Mantri Awas Yojana

The subsidy that you are entitled to is about Rs 2.3 Lakhs, as shown in the table above. So, your subsidy of Rs 2.3 Lakhs will be removed from the loan amount of Rs 12 Lakhs, and you will pay EMI on the remaining amount of Rs 9.7 Lakhs. In other words, the subsidy is credited to the borrower’s account in advance, lowering the effective home loan amount and EMI amount.


What are the Primary Elements of the Pradhan Mantri Awas Yojana2022 Scheme?

The government has devised the four components listed below to guarantee that the greatest number of individuals are covered, based on their income, finances, and land availability.


PMAY Credit Linked Subsidy Scheme (CLSS)

One of the most critical factors contributing to India’s failure to give housing options is a lack of finance and cheap housing. To address this issue, the government created the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana to recognise the need for subsidised housing loans so that the urban poor may either buy or build a home.


The table explains what is covered under the CLSS programme.



Purpose of loan

Household Income (Rs)

Subsidy Interest

Max. Carpet Area


Max. Interest Subsidy Amount

Women Ownership


Construction/ Extension/ Purchase

Up to Rs 6 lakh


60 sq m


R. 2.67 lakh


MIG -1

Construction/ Purchase

Rs 6-12 lakh


160 sq m


Rs. 2.35 lakh


MIG -2

Construction/ Purchase

Rs 12-18 lakh


200 sq m


Rs. 2.30 lakh



PMAY In-Situ Slum Redevelopment (ISSR)

The In-situ Redevelopment project, in collaboration with private organisations, attempts to rehabilitate slums by giving housing to individuals living in deplorable circumstances, utilising land as a resource.

While the beneficiary contribution would be chosen by the relevant State or UT, the cost of the properties will be established by the Central Government.


  • This initiative would offer slum inhabitants qualified for this scheme with financial support of Rs. 1 lakh to help them build dwellings.
  • The bidding procedure will be used to choose private investors (whoever offers the best price for this project)
  • Slum inhabitants will be given with temporary housing during the building phase.


Partnership for Affordable Housing (AHP) – Pradhan Mantri Awas Yojana2022

This plan intends to provide support of up to Rs. 1.5 Lakh on behalf of the Central Government to EWS households for the purchase and construction of dwellings. To establish such programmes, the State/UT might collaborate with either private organisations or authorities.


According to this scheme:


  • The state/UT should establish an upper price ceiling for units to be given to buyers under EWS.
  • To make the constructed dwellings economically reasonable, the carpet area is considered while determining the value.
  • Without the involvement of a private entity, there will be no profit margin on the dwellings built by the states/UTs.
  • In the event of private developers, the sale price will be determined in a transparent manner based on Center / State / ULB incentives.
  • Only housing developments with 35% of total units created for EWS will be eligible for the central funding.


Individual House Construction/Enhancements Led by Beneficiaries (BLC) – Pradhan Mantri Awas Yojana 2022

This plan is for EWS households who are unable to benefit from the previous three schemes (CLSS, ISSR, and AHP). The Central Government is set to provide financial support of up to Rs. 1.5 lakh to such people for either new construction or renovation of an existing dwelling.


According to this scheme:


  • The Centre would grant unit support in plain areas ranging from Rs 70,000 to Rs 1.20 lakh, and in hilly and geographically problematic areas ranging from Rs 75,000 to Rs 1.30 lakh.
  • Personal and other identifying documentation (related to property ownership) must be provided to the Under Local Bodies (ULBs)
  • Residents of other unredeveloped slums can benefit from this programme if they possess a kutcha or semi-pucca house.
  • The State should implement a mechanism to track building progress using geo-tagged pictures.

How to Apply Online for PMAY 2022 At

You may apply for the PMAY scheme both online and in person.


  • Follow the instructions for submitting an online Pradhan Mantri Awas Yojana Gramin application- Online Application for PM Awas Yojana
  • Visit the PMAY website at
  • Select the “Citizen Assessment” option from the menu.
  • To access the application form, enter your Aadhaar card number.
  • Fill out the form with your information and save it.
  • Fill out the application form and drop it off at your local Common Service Centre (CSC) together with the other relevant documentation.


How to Find Your Name on the PMAY Beneficiary List

Based on SECC 2011 statistics, the government publishes an annual list of recipients. Follow these methods to see if your name is on the Pradhan Mantri Gramin Awas Yojana list:


  • Visit the website for the PMAY recipient list.
  • Fill up your registration number.
  • To view the status, click ‘Submit.’
  • One of the most important rural development programmes launched by the government is the Pradhan Mantri Awas Yojana – Gramin. If you want to get a house under this plan and are eligible, keep an eye on the yearly recipient list.


How to Check the Status of a Pradhan Mantri Awas Yojana2022 Application

To check the progress of your Pradhan Mantri Awas Yojana application, you can do the following:

Visit the PMAY Track Assessment Website at the office.

Keep track of the status in one of two ways:

  1. Fill in your name, father’s name, and phone number.
  2. Provide your Assessment ID and Mobile Phone Number.


Offline Application for PMAY 2022

If you want to apply for Pradhan Mantri Awas Yojana (PMAY) offline, you can go to any CSC office near you and acquire an application form. Fill out the PMAY application form and submit it together with the other needed documentation right there.


Pradhan Mantri Awas Yojana2022 Documents Required

To apply for the PMAY scheme, you will need the following documents:


  • Consent to the use of Aadhar data
  • An affidavit certifying that you (or a member of your family) do not possess a pucca home.
  • Identity evidence, such as an Aadhar card or a voter ID, and bank account information
  • Registration number for the Swachh Bharat Mission
  • Occupational card number (as registered under MGNREGA)


List of Pradhan Mantri Awas Yojana Banks

Under the Pradhan Mantri Awas Yojana plan, you can obtain a discounted loan from any scheduled Commercial Bank, Housing Finance Company, State Cooperative Bank, Urban Cooperative Bank, Regional Rural Bank, or any other institution approved by the MoHUA.





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