Explore affordable housing in India, from Pradhan Mantri Awas Yojana (PMAY) to state schemes. Understand key challenges, government policies, and future solutions shaping low-cost housing for EWS, LIG, and MIG groups in India's growing cities.

MHADA has announced plans to construct 8 lakh homes in the next five years, prioritizing affordable and rental housing for mill workers, dabbawallas, and lower-income groups. The initiative aims to boost urban redevelopment and enhance housing accessibility across Maharashtra.

To promote affordable housing in India, the government has quadrupled the financial allocation to ₹10 lakh crore under the PMAY Urban 2.0 scheme. This extra funding is intended to boost affordable housing, especially for individuals relocating to cities for better jobs.

In Budget 2024, India allocates heavily on housing, infrastructure, and livelihood initiatives to boost rural and urban growth. Government strategies promote inclusive growth and economic stability, benefiting millions across. Find Ghar.tv budget analysis.

The Union Cabinet has extended the Pradhan Mantri Awas Yojana (Urban) till December 2024. This decision, announced in an official statement, extends the June 2015 plan. The original March 2022 'Housing for All' Mission aims to provide pucca dwellings to all qualified urban inhabitants.

A large proportion of urban migrants live in slums, informal settlements and unauthorized colonies, in order to save rental costs. They spend a substantial time commuting to their workplaces either by walking or cycling to reduce the travel expenses.

PMAY (Urban) is built for people living in urban centers across the world, including slum dwellers, to be affordable in terms of accommodation. It is anticipated that demand for slum houses will reach up to 18 million by 2022.