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.
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.
According to the Demand Survey one by Tamil Nadu Slum Clearance Board, the total requirement for urban housing for slum and non-slum households under PMAY Tamil Nadu – Housing For All scheme in the State is 8.03 lakh
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.
Pradhan Mantri Awas Yojana Tamil Nadu
The Union Minister M Venkaiah Naidu said that the Tamil Nadu would sanction three lakh houses in 2017-18 under the central government’s Pradhan Mantri Awas Yojana Tamil Nadu.