PM Awas Yojana – In order to provide affordable houses to the urban poor, the government has made the builders in return for making housing units for the poor, to emphasize the construction of affordable homes under the Pradhan Mantri Awas Yojana (Urban). Additional floor approval may be approved for the builders. The goal of the government is to provide cheap houses to the poor in this scheme and also to increase the trend of private sector builders. A draft has been prepared for this.
The Central Government of India has set a target of constructing about 51 lakh affordable housing units in the financial year 2017-18 to achieve its target of one crore affordable housing units by the year 2019 under its ambitious scheme PMAY Gramin (PMAY-G).
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.
The needy, eligible and interested applicants who are willing to apply for the most awaited scheme ‘Pradhan Mantri Awas Yojana’ can now apply via online mode as the Pradhan Mantri Awas yojana online application forms are being accepted by the official Pradhan Mantri Awas Yojana website at pmaymis.gov.in. » Read more
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.
If you are facing any sort of trouble with Pradhan Mantri Awas Yojana or PMAY, then you can contact the officials directly. Several types of information are available on the website. But in case your issues are not addressed via the web portal, you can contact them via other means. Below is the list of the methods with which you can contact PMAY customer care and officials.
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
The PM Awas Yojana Credit Linked Subsidy Scheme provides subsidy on home loans for EWS and LIG categories under Pradhan Mantri Awas Yojana. The scheme was announced by our Honourable Prime Minister Narendra Modi and envisages the vision of housing for all by the year 2022.
According to a report, the pure-play affordable housing finance companies are poised to grow at a CAGR of 40 percent over the next four years, mainly on the back of the initiatives taken by the government to give a boost to the sector under its housing for all by 2022 program.