--> Beware of Frauds of Private Real Estate Companies under PM Awas Yojana - PMAY

Beware of Frauds of Private Real Estate Companies under PM Awas Yojana

If you want to construct your house by availing the benefits of Pradhan Mantri Awas Yojana (PMAY) then do not trap in the intriguing advertisements being issued by private real estate companies about booking in the scheme, Beware of Frauds of Private Real Estate Companies.

Beware of Frauds of Private Real Estate Companies under PM Awas Yojana

Actually, no project (government or private company) has been passed so far from the Nodal Agency State Urban Development Agency (Suda) of the scheme. Not only this, the verified list of the demand survey done was not prepared yet so that it is not clear that how many people will be given subsidy from the government.

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In such a situation, you can get trapped in trouble rather than benefits. Recently, a number of private companies have issued big advertisements for booking in the Pradhan Mantri Awas Yojana.

After this, special notice has also been issued from Suda, in which people have been warned that Suda has not authorized any private person or institution to deposit the amount under the PM Awas Yojana.

It has also been warned that legal action will be taken against any person or institution if it is found to use the scheme’s name illegally. Chief Engineer of Suda Kanwaljit Singh said that no project has passed in the PM Awas Yojana.

Now the feeding and verification of Pharma is underway. To give subsidy under the scheme, it is necessary that the project has to pass through the curse. The beneficiary will not be able to get the benefit of unrecognized subsidy.

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