AwasYojana Delhi The best Option to Buy a Home in Delhi for EWS Group

August 11, 2018 | Author: | Posted in Realestate

Pradhan Mantri Awas Yojana offers housing for all by 2022. This particular scheme was launched by the Prime Minister of India. The scheme is designed to benefit individuals belonging toeconomically weaker section, low Income group, and MIG 1 & II. All the beneficiaries who avail this scheme can get interest subsidy upon construction or purchase of a house.

The interest subsidy can also be availed in Delhi Housing Scheme under Pradhanmantri Awas Yojna when the beneficiary enhances his/her dwelling unit by means of reconstruction or repair.

The eligibility criteria for PMAY Delhi is mentioned below:

• Applicants of the Pradhan Mantri Awas Yojana scheme must belong to EWS (Economically Weaker Section), LIG (Low Income Group), and MIG I & II (Middle Income Group).
• The age of the Pradhan Mantri Awas Yojna applicant must be less than 70 years.
• The annual income of an applicant belonging to the Economically Weaker Section (EWS) should not be more than Rs.3 lakh. The annual income of applicants belonging to LIG or Low Income Groups must be ranging between Rs.3 lakh and Rs.6 lakh.
• Women who are Indian citizens are considered eligible for this scheme.
To be a beneficiary under the Pradhan Mantri Awas Yojana Delhi scheme, the applicant must meet the following requirements:
• The beneficiary must meet the income requirement under Pradhan MantriAwasYojana.
• The beneficiary family must not own a pucca house already in India, registered to their name.
• No central assistance should have been availed by the beneficiary family under any other housing scheme from the Indian Government or any Pradhan Mantri Awas Yojna Scheme.
• The beneficiary family must consist of wife, husband, and the unmarried children. Under the Middle Income Group, any adult member who has a steady earning can be considered as a separate household, irrespective of the individual’s marital status.
• In case of all the married couples, either of the spouse or both in a joint ownership can be considered for single subsidy.

The authorities that are responsible for the implementation of Delhi Awas Yojna are DUSIB (Delhi Urban Shelter Improvement Board), DDA, and MHUPA. The Government of India has set Rs.1,00,000 crore as the budget for implementation of Pradhan Mantri Awas Yojana Scheme in Delhi. An assistance of Rs.29, 409 crore will also be provided by the Central Government to the State Government. If you also want to book home under this scheme, then you can go online and submit your application online.

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The following article provides brief information the Pradhan mantri Awas Yojna Delhi which help EWS and low income group to buy own home in Delhi.

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