PMAY-U 2.0: Kerala's 30,000 beneficiaries may get Rs 4 lakh housing assistance

Kerala's Cabinet has officially greenlit the second phase of the Pradhan Mantri Awas Yojana-Urban 2.0, paving the way for around 30,000 eligible beneficiaries to gain significant housing aid. The state plans to ink a Memorandum of Understanding with the Central government, which will unlock Rs 450 crore in financial support for this housing initiative. The completion of phase one is projected for September 2026.

By TOI REAL ESTATE DESK