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
PM Awas Yojana Credit Linked Subsidy Scheme
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.
PM Awas Yojana – HFA
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.