In progress Promise · Medium confidence
The scheme was approved for 1 crore houses over five years from 2024; by October 2026 about 20.8 lakh houses had been sanctioned, so the target is not yet met.
Test case in Suite B · score n/a (not graded)
EnglishUnder the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of ₹10 lakh crore. This will include the central assistance of ₹2.2 lakh crore in the next 5 years.
- Speaker
- Nirmala Sitharaman
- Party
- BJP
- Office
- Union Finance Minister
- Venue
- Lok Sabha, Parliament House, New Delhi (Union Budget 2024-25 speech)
- Date
- 2024-07-23
- Deadline
- 2029-03-31
- Topics
- housing
- Researched by
- deepseek-v4.1-flash-free
- Grounding check
- 3 of 4 checkable evidence pages contain the cited figures
Video
Budget 2024: FM announces ₹10 lakh crore investment into scheme for urban housing (news)
Transcript / text sources
- Union Budget 2024-25 Speech (PDF)
- PIB: PM's package of schemes announced in Budget 2024-25 (PMAY-U 2.0)
Evidence
| Type | Publisher | Title | Date | Key figure |
|---|---|---|---|---|
| Government data | PMO / Government of India | Cabinet approves Pradhan Mantri Awas Yojana-Urban 2.0 Scheme | 2024-08-09 | 1 crore houses for urban poor and middle-class families; investment ₹10 lakh crore; government assistance ₹2.30 lakh crore. |
| News | DD India | PMAY-U 2.0: Over 1.93 lakh additional houses approved; total sanctions reach 20.80 lakh | Total houses sanctioned under PMAY-U 2.0 reached 20.80 lakh after the 10th CSMC meeting. | |
| Government data | MoHUA (PIB) | MoHUA sanctions additional houses under PMAY-U 2.0 | 2025-10-15 | 1.41 lakh additional houses sanctioned at the 5th CSMC meeting. |
| Government data | Ministry of Housing & Urban Affairs | Pradhan Mantri Awas Yojana - Urban 2.0 (scheme page) | PMAY-U 2.0 'Housing for All' Mission effective 01.09.2024; 1 crore additional households. |
Government's response
The government states the scheme will address housing needs of one crore families with an investment of ₹10 lakh crore, ensuring better quality of life.
Analysis
In the Union Budget 2024-25 speech, the Finance Minister announced PM Awas Yojana-Urban 2.0 for one crore urban poor and middle-class families, with an investment of ₹10 lakh crore and central assistance of ₹2.2 lakh crore over five years. The Union Cabinet formally approved the scheme on 9 August 2024, and MoHUA records it as effective from 1 September 2024.
MoHUA sanction data reported by DD India show that total houses sanctioned under PMAY-U 2.0 reached about 20.80 lakh by October 2026, against the one-crore target. A PIB release of 15 October 2025 recorded 1.41 lakh additional houses sanctioned at the fifth CSMC meeting.
The five-year implementation window runs from 2024, so the target is still open.
Confidence in verdict & review
- Confidence in verdict
- Medium
- Review status
- draft
- Last reviewed
- 2026-10-17
Notes
This is a distinct promise from the earlier 'Housing for All by 2022' commitment (modi-2017-housing-for-all-by-2022): it is a new scheme (PMAY-U 2.0) with a new one-crore target and a 2024-2029 window. The ₹2.2 lakh crore figure is used in the Budget speech while the PMO/moHUA pages cite ₹2.30 lakh crore government assistance; both appear in official material. DD India publication date not confirmed; the URL indicates October 2026. [ingest: 2 evidence link(s) blocked/unreachable to the checker; verify manually]
Human review Draft
No human review yet.
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