Union Budget 2026: PMAY Sees No New Announcements, Focus on PMAY-U 2.0

• Finance Minister Nirmala Sitharaman made no new announcements for Pradhan Mantri Awas Yojana (PMAY) in Union Budget 2026-27, disappointing many.
• PMAY-Urban (PMAY-U) received Rs 54,500 crore last year, with current focus on PMAY-U 2.0 for eligible EWS, LIG, and MIG-I families.
• PMAY-U 2.0 requires states to sign an MoU with MoHUA and covers statutory towns as per the 2011 census.
• Beneficiaries of previously cancelled PMAY-U units (after Dec 31, 2023) and those who benefited from other housing schemes in the last 20 years are ineligible for PMAY-U 2.0.
• The budget aims to extend PMAY benefits to middle-class families with new provisions and subsidy schemes, prioritizing women for home registration and special benefits for SC/ST and weaker sections.

Why It Matters: Union Budget 2026 brought no new PMAY announcements, but PMAY-U 2.0 and middle-class housing are key.