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Maharashtra to give additional ₹50K subsidy for rural homes under PMAY
The Hindu
Maharashtra government offers ₹50,000 additional subsidy for rural homes under PM Awas Yojana, totaling ₹2.1 lakh per household.
The Maharashtra government will give an additional subsidy of ₹50,000 for homes in rural areas under the Pradhan Mantri Awas Yojana, which will take the total funding to ₹2.1 lakh per household, State Minister Jayakumar Gore said on Sunday (February 23, 2025).
The State Rural Development Minister said Chief Minister Devendra Fadnavis has approved decision and provision for the subsidy has been made in the budget for 2025-26.
Speaking in Dharashiv, he said, “The State government has decided to provide ₹50,000 as an additional subsidy for the beneficiaries of PM Awas Yojana. With this, total financial support for a beneficiary would reach up to ₹2.1 lakh. The State government will bear the cost of this additional subsidy.” Mr. Gore also highlighted the government’s commitment to complete 20 lakh housing units within a year, asserting that many individuals will soon see their dream to own homes realised.
“The first tranche for 10 lakh housing units was distributed on Saturday in the presence of Union Minister Amit Shah. Maharashtra has received the largest target in the country of 20 lakh homes. In the first 45 days of a 100-day programme laid down by the State government, approval has been granted for 100% housing applications. First instalment has been disbursed to 10 lakh households,” he informed.
In the next 15 days, the government will begin distributing funds for the remaining 10 lakh homes, Mr. Gore said.
The PMAY scheme aims to address housing shortages across urban and rural areas by focusing on economically weaker sections and low-income groups. The programme operates on a demand-driven basis, allowing States and Union Territories to approve projects based on identified eligible beneficiaries.