Pradhan Mantri Awas Yojana Brief Detail and Eligibility Criteria
Pradhan Mantri Awas Yojana (PMAY) a housing development scheme under the
central government was started with a simple idea to provide houses for
everyone by the year 2022. The program, which includes a credit-linked subsidy
plan, will be a huge help to first-time homeowners who are fighting rising real
estate prices. The Pradhan Mantri Awas Yojana is divided into two parts: Play-U
(urban) and PMAY-R (rural), and Pradhan Mantri Awas Yojana (PMAY) Gurgaon is
part of Play-U.
PM Awas Yojana targets the groups for whom the affordability of a simple
house is still a premium thing to do. People who fall under this scheme are
primarily from the economically weaker sections and LIG (low-Income Groups) of
the Society.
The Government through this has envisioned providing affordable homes to
more than 20 million households within the period 2015 to 2022. The Houses are
built by one of the brightest minds and it provides a lot of facilities under
one definite package. The best part about the housings is that they are built
with due understanding and keeping in mind the inter-state connectivity,
houses built in the right developed area with the right facilities.
Eligibility criteria for Pradhan Mantri Awas Yojana Gurgaon/Gurugram
Below mentioned are certain demographics of people who can apply under this.
- Households who fall under EWS (Economically weaker sections) and wish to take them home can apply under this scheme. For your information,
EWS Households are households with an income limit of up to Rs. 3 Lakh and LIG are the houses with an Annual Income between the range of Rs. 3
Lakh to Rs. 6 Lakh.
- Indian women can apply with few basic eligibility standards such as the size of the family and income range. Apart from this no other
demographic should be considered for women.
- There lies no decimation based on caste and creed. And people across all the communities can apply. Scheduled Tribes and Castes Will
Also, Be Eligible.
- Senior citizens may get levied when we talk about certain things
cut as house allocations and house preference.
The Government’s agenda through the mission is to provide affordable housing
and the best facility under this scheme to the Lower Income Group, Widows,
Transgender and everyone for whom the dream to have a house by their name is
still a far-fetched thing. They say that. “Main power lies when you make your
product the best fit for someone who asks for it” and this is how the process
of giving sustainable And Affordable Housing started under Pradhan Mantri Awas
Yojana.
Important points of PMAY (Pradhan Mantri Awas Yojana) one should not
miss
- 6.5% is the interest rate on Housing Loan that is given to everyone who meets the eligibility standards and it is for the term of 15 Years
- While the houses are allocated under this scheme several people are preferred as senior citizens, especially abled for the housing on the ground floor.
- A Family should Include a husband, a spouse, and children who are not married.
- The family must not own any property in order to be eligible under this Scheme.
- Families should meet the desired income criteria to be eligible for this Pradhan Mantri Awas Yojana scheme.
Pradhan Mantri Awas Yojana Summary
PMAY (Pradhan Mantri Awas Yojana) falls under the central government's scheme
for the families who want to buy their home and falls under the purview of a
certain income range and should meet all the criteria set by the government to
be able to avail this scheme.
The family would fall under the subsidy benefit for the initial Rs.6 Lakh.
And it would be calculated on the amount such as initial 6 lakh.
The houses under the scheme especially wish to use more natural and
environmentally sustainable practices such as Eco-Friendly measures and the use of
Innovative Construction Technologies would help the government provide
the best services at the least cost.
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