The Indian government has introduced new benefits under the Pradhan Mantri Awas Yojana (PMAY) for 2025, making homeownership more accessible for lower and middle-income groups.
The Ministry of Housing and Urban Affairs has announced an increase in subsidy under the Credit Linked Subsidy Scheme (CLSS), reducing the financial burden for first-time homebuyers. Eligible beneficiaries can now avail:
✅ Interest subsidy up to ₹2.67 lakh on home loans
✅ Extended income limits for the Economically Weaker Section (EWS) and Low-Income Group (LIG)
✅ Special preference for women, senior citizens, and differently-abled individuals
✅ Faster processing of applications through an upgraded online portal
Who Can Apply?
- Families without a pucca house in any part of India
- Annual income up to ₹18 lakh (varies by category)
- Home purchase or construction in urban or rural areas
How to Apply?
Interested applicants can visit the official PMAY website pmaymis.gov.in or apply through recognized banks and housing finance companies.
This initiative is expected to boost homeownership and improve living conditions for millions across India.
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