Pradhan Mantri Awas Yojana Bareilly – 5000 Houses Construction

Pradhan Mantri Awas Yojana Bareilly – The Uttar Pradesh Housing Development Board (UPHDB) is going to construct a total number of 5,000 housing units in Bareilley under the central government’s ambitious scheme i.e. Pradhan Mantri Awas Yojana for providing affordable housing unit to the homeless people of the country. These housing units will be constructed in the Bareilly District. For this, there will be a requirement of a total of 12.5-hectare land. The Uttar Pradesh Government has asked the district administration for finding a suitable plot as the same could be transferred to the board, free of cost. » Read more

Pradhan Mantri Awas Yojana Kanpur – Apply For 21840 Flats | Application Form | Last Date

Pradhan Mantri Awas Yojana Kanpur – Under the Pradhan Mantri Awas Yojana, applications have been started for 21840 flats in Kanpur city. Apart from the 68 thousand beneficiaries included in DUDA’s list, other citizens can also apply. For this, the application forms can be obtained from HDFC Bank. Applicants will have to submit the duly filled application from till November 17. These housing units are to be constructed at different places in the city. Even after the selection of 68 thousand beneficiaries, only 10281 applications were received for Pradhan Mantri Awas Yojana. The reason behind it was that initially people thought that PM Awas Yojana Houses would be given free of charge. It was later clarified that after the central and state government subsidy, these apartments of 30 sqm will be available in two lakh rupees. » Read more

Govt. Sanctioned Over 6.25 Lakh Houses Under Pradhan Mantri Awas Yojana

Pradhan Mantri Awas Yojana 6.25 Lakh Houses Sanction – The Union Ministry of Housing and Urban Development has approved the construction of over 6.25 Lakh residential houses in urban areas under the central government’s ambitious housing scheme named “Pradhan Mantri Awas Yojana”. According to the news, the number of houses sanctioned for construction under this PMAY so far has increased to more than 60 lakh.

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Pradhan Mantri Awas Yojana 5 Year Lock On Houses | Read New Guidelines

Pradhan Mantri Awas Yojana 5 Year Lock – The Central Government is going to put a 5 year lock on the PPradhan Mantri Awas Yojana Houses. This means that under the Pradhan Mantri Awas Yojana, the house owners will not be able to sell their houses for five years. This has become theoretically agreed and it will be announced soon. It is being said that this step is being taken to bring the benefit of the scheme to the real beneficiaries. Currently, 54 lakh houses have been sanctioned under the Pradhan Mantri Awas Yojana and about 8 lakh homes are ready. Pradhan Mantri Awas Yojana 5 Year Lock  » Read more

How to Check If You’re Eligible for the Pradhan Mantri Awas Yojana?

Buying a house entitles you to save on lump sum rent expenditure, apart from giving you an asset that can secure your future. If you plan to buy your dream home using a home loan, you also need to save and pay for a hefty down payment. Further, repaying your home loan means abiding by the loan terms and paying the interest charged on your home loan as part of your EMIs. All this does not come easy on the pocket. However, in order to encourage home buyers, the government has made purchase of a home an affordable prospect vide the Pradhan Mantri Awas Yojana. Launched on 25th June 2015, this scheme offers interest subsidies on home loans, the percentage for which is determined based on your economic standing.

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