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Ranchi revives affordable housing hopes with PMAY 2.0 extension through 2029

#Builders & Projects#India#Jharkhand#Ranchi
Last Updated : 16th Apr, 2025
Synopsis

The Ranchi Municipal Corporation (RMC) has extended the Pradhan Mantri Awas Yojana (Urban) 2.0 until 2029, aiming to provide housing assistance to low-income families under the Beneficiary-Led Construction (BLC) component. Eligible applicants who are permanent residents within RMC limits as of September 1, 2024, with annual household incomes below INR 3 lakh and no ownership of a pucca house, can receive up to INR 2.5 lakh in financial aid. Applications are accepted both online and offline, requiring documents like Aadhaar, income certificates, land ownership proof, and photographs. Since 2015, over 10,000 beneficiaries in Ranchi have received support under PMAY, and this extension aims to assist thousands more.

In a significant move to bolster affordable housing, the Ranchi Municipal Corporation (RMC) has extended the Pradhan Mantri Awas Yojana (Urban) 2.0 until 2029. This extension focuses on the Beneficiary-Led Construction (BLC) component, targeting families residing within RMC limits as of September 1, 2024. Eligible households must have an annual income below INR 3 lakh and should not own a pucca house anywhere in the country.


Applicants are required to submit an affidavit declaring the absence of pucca house ownership, along with documents such as Aadhaar, income certificate, land ownership proof, and photographs. The RMC has mandated the linkage of Aadhaar numbers with mobile numbers for all applicants. Those with clear land titles are eligible for direct financial assistance of up to INR 2.5 lakh to construct their homes.

Chandradeep Kumar, assistant administrator of RMC, mentioned that applications can be submitted both online and offline. Aftab Alam, RMC's city manager, highlighted that since 2015, over 10,000 beneficiaries have been provided financial support under the PMAY scheme in Ranchi. This new phase is expected to assist thousands more.

The extension comes in the wake of previous challenges faced by the PMAY initiative in Ranchi, where funding shortages had stalled several projects, leaving many incomplete. This renewed commitment aims to address past shortcomings and reinvigorate the city's affordable housing efforts.

The RMC's decision to extend PMAY 2.0 through 2029 reflects a dedicated effort to address the housing needs of low-income families in Ranchi. By providing substantial financial assistance and simplifying the application process, the initiative seeks to overcome previous hurdles and deliver on the promise of affordable housing. This move not only aims to improve living conditions for many but also contributes to the broader goal of 'Housing for All,' reinforcing the city's commitment to inclusive urban development.

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