PMAY(U) HIGHLIGHTS

Maharashtra Government has issued Government Resolution regarding implementation of PMAY projects on Public Private Participation principles.

MHADA has been designated as Planning Authority for PPP Projects under PMAY.

Stamp duty of Rs. 1000 for EWS units.

The government has increased the Income Criteria of those who fall under the Economically Weaker Section (EWS) under the Pradhan MantriAwasYojana–Urban (PMAY-U) from Rs 3 lakh per annum to Rs 6 lakh per annumto benefit lakhs of homebuyers residing in Mumbai, Pune and Nagpur. It is Rs. 4.5 lakh for the rest of the state of Maharashtra.

Subsidy of Rs. 2.50 Lakhs to PMAY Beneficiaries. (GOI – Rs. 1. 5 Lakhs & GOM – Rs. 1.0 Lakhs)

Apart from the Rs. 2.5 lakh subsidy of PMAY (U) per beneficiary, beneficiaries of MahakamgarAwasYojana shall get additional subsidy of upto Rs. 2.0 Lakhs from Maharashtra Building & Other Construction Workers Welfare Board subject to their eligibility.

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