Affordable rental housing scheme: Who can apply and key conditions explained
The Indian government has introduced an Affordable Rental Housing scheme under PMAY-U 2.0 to provide temporary accommodation for urban migrants and low-income workers. The scheme offers various unit types and sets specific eligibility criteria based on income and residency status.
Why it matters
It addresses the housing crisis for mobile labor forces in rapidly urbanizing economies, providing a framework for non-ownership residential support.
Owning a home may not be feasible for every urban resident. Millions of migrant workers, industrial labourers, and low-income households move frequently in search of employment and require affordable accommodation rather than permanent home ownership.Considering that objective, in 2024, the ministry of housing and urban affairs introduced Affordable Rental Housing (ARH) as one of the four verticals under Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0. Unlike the other three verticals, which require house purchase or construction, it focuses on temporary accommodations.However, it's not a free housing scheme.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in