Economic Survey: Over 96 lakh houses delivered under PMAY-U as affordable housing demand rises

India's PMAY-U has sanctioned 122.06 lakh houses, with 96.02 lakh completed, addressing urban housing shortages for low- and middle-income households. The Economic Survey 2025-26 highlights informality's structural role in cities, providing low-cost housing and absorbing labor. Affordable housing demand is projected to reach 30 million units by 2030, with government interventions strengthening housing access and urban labor integration.