Central Government Approves 2.88 Lakh Additional Houses Under PMAY-Urban 2.0, Total Sanctions Cross 13.61 Lakh in 2026
New Delhi, February 24, 2026: The Central Government has approved the construction of 2.88 lakh additional homes under the Pradhan Mantri Awas Yojana - Urban 2.0, further accelerating India's affordable housing mission. The decision was taken during the latest meeting of the Central Sanctioning and Monitoring Committee, pushing the total number of homes cleared under PMAY-U 2.0 to over 13.6 lakh units so far this year.
Focus on Inclusive Housing
These newly sanctioned houses will be developed across multiple states and union territories, targeting economically weaker sections and low-income groups in urban areas. A significant highlight of the approvals is the strong focus on women-led ownership. The majority of the sanctioned homes are either registered in the name of women or in joint ownership, reinforcing the scheme's emphasis on financial security and social empowerment.
Multiple Verticals Covered
The approvals span various verticals of the scheme, including:
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Beneficiary-Led Construction: Enabling individual families to construct their own homes with central assistance
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Affordable Housing in Partnership: Promoting public-private partnerships to develop affordable housing projects
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Affordable Rental Housing: Addressing the rental housing needs of urban migrants and poor
Government's Vision
With this latest clearance, the government aims to strengthen urban housing supply, promote inclusive growth, and move closer to its broader vision of "Housing for All." The initiative is expected to significantly improve living standards for families in cities across India while creating employment opportunities in the construction sector.
The accelerated pace of sanctions under PMAY-U 2.0 reflects the government's commitment to addressing urban housing shortage and ensuring that every family has access to a pucca house with basic amenities.