What is TNHB Scheme

In the year 1961, the Chennai City Improvement Trust was revamped into a full-fledged organisation called the Tamil Nadu Housing Board (TNHB). The aim of TNHB housing scheme was to cope with the rising demand in the housing sector all over Tamil Nadu due to urban growth. The demand for affordable housing increased, as a lot of citizens were migrating to the urban areas in search of better lifestyle and employment opportunities. The Tamil Nadu Housing Board offers a very large neighbourhood scheme, each one of these schemes are a self-contained neighbourhood by itself, providing housing for various income groups of the society.

Tamil Nadu Housing Board scheme (TNHB) Sub Schemes

The Tamil Nadu Housing Board has several sub-schemes for different parts of the state. You can opt for schemes that suit you best depending on your home buying requirements.

●  Besant Nagar Division

The Besant Nagar Division of the Tnhb scheme offers tnhb flats in various parts of Sholinganallur and Indra Nagar by drawing lots. To apply, you first need to make payment of the 5% of the unit cost as a fee. The amount depends on the income group you fall under as your income and the type of unit you qualify for. According to recent reports, there are 60 mid-income group tnhb flats in Indra Nagar while Sholinganallur has 280 units. Individuals who qualify for the flat are picked at random, and if you aren’t selected, the entire application fee gets refunded. For selected beneficiaries, you are required to pay another 5% toward the provisional allotment order and the remaining 90% is to be paid within 30 days.

●  Thanjavur Housing Division

The Thanjavur Housing division of the TNHB scheme offers its own set of schemes such as the Tamil University Campus Self Finance Scheme, Pattukottai Self Finance Scheme, Thanjavur Scheme and Tamil University Campus NH Scheme. All of the above-mentioned schemes have their own specifications but are divided into different segments under the TNHB scheme.

● Trichy Housing Division

The Trichy Housing Division caters to various needs of Tamil Nadu residents in areas such as Pudukottai, Navalpattu, Valavanthankottai and more. With this scheme, you get commercial land to put up shops, commercial units and other services enterprises within the state. These plots are allotted via an open auction, you can start educational centres such as playschools on such plots. To apply for the scheme, you need to pay 15% of the total price to secure your plot.

Tamil Nadu Government Housing Schemes Eligibility Criteria

Now that you’re aware of the various schemes the Tamil Nadu housing boards have to offer, you can decide the scheme you want to apply. However, before you proceed with the scheme application process, ensure to meet the eligibility criteria. While every scheme may have specific criteria to be fulfilled, Below are the general qualifications you need to meet:

● The applicant must be over the age of 21 to apply for the scheme

● Must be a native of Tamil Nadu to be eligible.

● To qualify for the scheme you must not own property or plots with any other housing schemes.

● To be eligible under the income category you need be a salaried individual.

Income Eligibility Criteria For Tamil Nadu Housing Scheme

Category

Income

Economically Weaker Sections (EWS)

Upto Rs.12,000/- per month

Lower Income Group (LIG)

Rs. 12,001/- to Rs. 18,000/- per month

Middle Income Group (MIG)

Rs. 18,001/- to Rs. 37,000/- per month

Higher Income Group (HIG)

Rs. 37,001/- to Rs. 62,000/- per month

Super Higher Income Group (HIG)

Rs. 62,001/- and above per month

You can also check your name in PMAY List 2020-21  if you have applied for PMAY Scheme

How to Apply for the TNHB Scheme?

Given below is the procedure to apply for the TNHB Housing Scheme.

Step 1:

urchase the application form that cost Rs. 225/- for Lower Income Group (LIG) and Rs. 560/- for Higher Income Group (HIG) from the Tamil Nadu Housing Board.

Step 2:

Contact the respective City Division/Mofussil Unit mentioned in the advertisement either in person or through the post for obtaining application on payment of prescribed cost.

Step 3:

Fill up the application form according to the instructions/guidelines mentioned in the application form.

Tamil Nadu Housing Form

Step 4:

After due filling up, you must register the application form with the respective Division/Unit office with the prescribed registration fee (either by cash or by Demand Draft) on or before the due date.

Step 5:

 The application form can be submitted along with the initial deposit money as given above.

The TNHB housing scheme is a cost-effective way to own a home in Tamil nadu, also pay a thought to avail an affordable home loan. The Bajaj Housing Finance Home Loan at Finserv MARKETS can work in your favour as you can avail an incredibly high sanction loan at a flexible tenor and a nominal interest rate. With a Home Loan, you can get up to Rs.2.5 crore as a sanction and use the funding to either buy, build or renovate your home. At Finserv MARKETS you also get a flexible tenor that can go up to 20 years enabling you to repay the loan as per your convenience. Moreover, you can even get started on the online application process, but first, check your pre-approved offer for a customised deal on home loans.

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