Aarti Harbhajanka, Co-Founder & Managing Director, Primus Partners, shares her opinion on the impact of schemes like Pradhan Mantri Awas Yojana (PMAY) in easing the financial burden for first-time homebuyers. She highlights that PMAY offers interest subsidies to eligible households with an annual income of up to ₹18 lakh, provided they do not own a pucca house. The benefits extend to both new constructions and resale properties, effectively lowering EMIs and making homeownership more accessible. By reducing the overall purchasing cost, the scheme serves as a crucial enabler for affordable housing in India.