40 Lakhs Houses Delivered Under PMAY So Far

26 Feb 2021
89 Views

The Pradhan Mantri Awas Yojana (PMAY) is an initiative by the Indian government aimed at providing the urban poor with affordable housing by the year 2022. On 1 June 2015, the scheme was first launched. For the PMAY method, the interest rate starts at 6.50% p.a. And the repayment tenure usually i.....

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Count of PMAY units to be increased by 7.5 lakh in UP

23 Jan 2021
67 Views

By the joint effort of the central and state government of UP additional 7.5 lakh housing units have been authorized under the PMAY or PM Awas Yojana. This project is said to be inaugurated by Narendra Modi. Under the Mukhyamantri Awas Yojana, Yogi Adityanath, the Chief Minister of Uttar Pradesh,.....

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Reasons Behind many PMAY Allottees Rejecting the Offer

21 Jan 2021
88 Views

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 .....

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17 Lakh Houses Built Under PMAY G Scheme in Madhya Pradesh

16 Nov 2020
88 Views

In September, 2020 Prime Minister Narendra Modi conducted an online housewarming ceremony or Griha Pravesh for 1.75 lakh houses, constructed under the Prime Minister Awas Yojana (PMAY), at Madhya Pradesh. Congratulating the families, the PM said that the houses were cons.....

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PMAY: How to Calculate the Money You Will Save On Buying a House Under Pradhan Mantri Awas Yojana

03 Sep 2019
65 Views

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 housi.....

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Construction & Allocation Status Under PMAY

03 Sep 2019
70 Views

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 p.....

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Understanding the Exemptions under PMAY

29 Aug 2019
77 Views

The Pradhan Mantri Awas Yojana (PMAY) is an initiative taken by the Government of India to make buying home affordable for the poor population of India. People belonging to the following income gr.....

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Home Loan Tax Benefit: Tax Rebate of Owning A House Under PMAY

29 Aug 2019
77 Views

In order to fulfill its vision of ‘Affordable Housing for all by 2022’, the government introduced the Pradhan Mantri Awas Yojana (PMAY) in the year 2015. The scheme aims to encourage people living in ‘kutcha’ or temporary homes to avail a home loan at a subsidized rate. .....

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PMAY Application Procedure

29 Aug 2019
77 Views

With an aim to make ‘housing affordable for all by 2022’, the government of India launched the Pradhan Mantri Awas Yojana. Under the PMAY scheme, the government offers home loan subsidy to PMAY eligible candidates. The government has agreed to invest nearly INR. 6.4.....

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PMAY: Focus On First-Time Homebuyers

29 Aug 2019
77 Views

Although our country has made fast economic progress in the past few years, there are still some families in India that are struggling for basic necessities, including a proper roof on their head. While a majority of the rural population still lives in make-shift, ‘kutch.....

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Schemes Linked to Pradhan Mantri Awas Yojana (PMAY)

29 Aug 2019
77 Views

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.....

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Budget 2019: Affordable housing gets a shot in the arm

28 Aug 2019
77 Views

The Budget 2019 that was announced on July 5 this year by the Finance Minister of India, Nirmala Sitharaman, contained major pointers about real estate and housing properties in India. The Government’s intent to create “Affordable Housing to All by 2022” was the main are.....

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Understanding the Concept of Affordable Housing & Government Measures to promote it

28 Aug 2019
77 Views

Affordable housing has been an issue in India for a long time now. Factors such as rapid urbanization and increased migration of population from rural areas to cities have caused a severe shortage of space. This, in turn, has resulted in skyrocketing property prices, esp.....

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How to Get a Home Loan Subsidy under The Pradhan Mantri Awas Yojan

28 Aug 2019
77 Views

The Pradhan Mantri Awas Yojana (PMAY) is a government initiative undertaken to make buying house affordable, especially for the economically weaker class in our country. Under the PMAY sche.....

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How to Apply for PMAY

23 Aug 2019
82 Views

The Pradhan Mantri Awas Yojana (PMAY) is a government scheme launched by our honorable Prime Minister, Shri Narendra Modi, with an aim to provide over 20 million affordable housing to the e.....

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PMAY CLSS - How the Credit Linked Subsidy Scheme Works

23 Aug 2019
75 Views

With an aim to provide affordable housing for the economically weaker class in our country, the Government of India launched the Pradhan Mantri Awas Yojana in the year 2015. The PMAY scheme aims to eliminate the slums in urban as well as rural areas and has already selec.....

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PMAY Video

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