Central government offers subsidy in interest for the amount of Rs 3 lakh to Rs 18 lakh under its ambitious scheme ‘Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme’. The maximum benefit of this scheme will be given to the MIG and BPL families. It is divided into different categories and the subsidy given will also be divided.
Now affordable steel homes can be built at an affordable rate of Rs. 2 Lakhs under the Central’s ambitious initiative ‘Pradhan Mantri Awas Yojana (PMAY)’.
The PMAY Credit Linked Subsidy Scheme provides subsidy on home loans for EWS and LIG categories under the central government’s ambitious scheme Pradhan Mantri Awas Yojana.
DDC Jishan Kamar said that if demand for the illegal amount is sought by the middlemen in the selection of beneficiaries of the Pradhan Mantri Awas Yojana, then report it to them.
Generally, people thinks that anyone can not avail the benefits of Pradhan Mantri Awas Yojana (PMAY) if he have a house. But it is not right. If you have a house and because of the increase in the number of family members, you can also take a loan under Pradhan Mantri Awas Yojana for the expansion of the house, in this way you will get interest subsidy and you will get the benefit of 2 to 3 lakh rupees. That means saving you so much money in building a house.
The Central government has issued an advisory to the general public after a spate of cases were reported of potential buyers being cheated by fraudsters who took money from them for affordable homes under the Pradhan Mantri Awas Yojana (PMAY) under the pretext of registration. The union housing and urban poverty alleviation ministry has appealed that the general public should not pay any money to any private company or individual for registering in order to buy affordable homes under PM Awas Yojana.
After the initiation of the National Housing Policy and establishment of the National Housing Bank in the 80s, numerous housing programmes for the underprivileged have been initiated by the governments both at the Centre and in the States. Many of the schemes were visionary and yet the targets seldom saw the finishing line.
Pradhan Mantri Awas Yojana
The Central Government of India has made some changes to its ambitious scheme Pradhan Mantri Awas Yojana (PMAY). Now the people living in mud houses or kuchha houses can avail the benefits of the scheme because some changes has been made in the rules of the Pradhan Mantri Awas Yojana