Pradhan Mantri Awas Yojana Article

The Credit-Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY) is a government scheme launched to make housing accessible to members of the following economic groups:

• Economically Weaker Section (EWS)

• Low Income Group (LIG)

Affordable housing is a major concern in a developing country like India. The increasing population in our country is unable to cope with the space crunch in villages or cities. Moreover, the increased migration of rural population to cities is increasing the development.....

For many families in India, owning a home is still a distant dream. Add to it the rising property prices in the country and it seems almost impossible to make this dream a reality. The option of a housing loan<.....

The Pradhan Mantri Awas Yojana (PMAY) is a flagship program undertaken by the Government of India in the year 2015. The program aims to build over 20 million houses across the country for people b.....

Pradhan Mantri Awas Yojana or PMAY is a scheme that is sponsored by the government of India. The aim of this scheme is to offer affordable housing to the financially weaker sections of the society. The project intends to build houses in hand selected cities with the use of eco-friendly means.

A flagship mission, the Pradhan Mantri Awas Yojana-Urban, addresses the shortage of houses in urban areas. The scheme hopes to provide a pucca house to all the houses eligible. It has been seen as a major decision that has boosted the housing sector and the construction sector. The government als.....

The carpet area for PMAY again increased in August 2018. This increase is applicable to two categories under the PMAY-U, Pradhan Mantri Awas Yojana-Urban. Take a look at what is the carpet area in PMAY:

The Pradhan Mantri Awas Yojana, known as PMAY, is a government scheme for the provision of affordable homes to Indians, particularly those belonging to economically weaker groups. If you belong to a low-income category, economically weaker group or mid-income groups, you may avail the benefits of.....

Your PMAY claim could be rejected for possibly the smallest of reasons, and hence it is important for you to go about the claiming process carefully. It is important for you to do it because the monetary benefits you will receive as a PMAY beneficiary will make your endeavour of purchasing a home.....

If you have availed of a housing loan, you may track the interest rates and consider transferring a high-interest rate loan to a different lender at a lower interest rate. You can opt for the same under the home loan balance transfer option. This helps you bring down your burden of heavy EMI paym.....

While home loan balance transfer is available for borrowers, the question on a borrower’s mind is: is PMAY applicable for home loan transfer in the first place? The answer is yes. You can apply for PMAY even after seeking the home loan balance transfer facility. The answer to a borrower’s questio.....