The Pradhan Mantri Awas Yojana (PMAY), also known as the Housing for All Mission, is a government-led initiative to provide affordable housing to the economically weaker sections and low-income groups in India. The scheme was launched in 2015 and is implemented by the Ministry of Housing and Urban Affairs (MoHUA).
The PMAY scheme has three verticals:
- PMAY-U (Urban): This vertical is for urban areas and targets EWS, LIG, and MIG households.
- PMAY-G (Gramin): This vertical is for rural areas and targets EWS and LIG households.
- PMAY-CLSS (Credit-Linked Subsidy Scheme): This vertical provides interest subsidy to eligible borrowers for the construction or purchase of a house.
Under the PMAY scheme, beneficiaries can avail of loans from banks or other financial institutions at a subsidized interest rate. The maximum loan amount available under the scheme varies depending on the income category of the beneficiary and the type of house being constructed.
Beneficiaries also get additional benefits such as LPG connections under the Pradhan Mantri Ujjwala Yojana and other essential facilities. Houses constructed in hilly areas are eligible for higher financial assistance.
The PMAY scheme has been a major success, with over 24 million houses constructed or approved as of August 2023. The scheme has helped to improve the living conditions of millions of people and has also boosted the economy by creating jobs in the construction sector.
Here are some of the key benefits of the PMAY scheme:
- Provides financial assistance to eligible beneficiaries for the construction or improvement of their houses.
- Helps to improve the living conditions of millions of people.
- Boosts the economy by creating jobs in the construction sector.
- Provides a sense of security and stability to low-income families.
The PMAY scheme is a valuable asset to the Indian economy and society. It has the potential to transform the lives of millions of people and make India a more inclusive and equitable society.
Here are some of the challenges faced by the PMAY scheme:
- Lack of land availability: In urban areas, there is a shortage of land available for the construction of houses. This is a major challenge for the PMAY-U vertical.
- High construction costs: The cost of construction has been rising steadily in recent years. This has made it difficult for some beneficiaries to afford to construct a house under the PMAY scheme.
- Delays in the implementation of the scheme: There have been delays in the implementation of the PMAY scheme in some states. This is due to a number of factors, such as bureaucratic hurdles and lack of coordination between different agencies.
Despite these challenges, the PMAY scheme has been a major success. It has helped to improve the living conditions of millions of people and has also boosted the economy by creating jobs in the construction sector. The scheme is expected to continue to benefit millions more in the years to come.
Official Website | |
Launch Date | 25th June 2015 |
Expected Completion | By 31 December 2024 |
Toll Free Number | 1800-11-6163 – HUDCO 1800 11 3377, 1800 11 3388 – NHB |
Complaints or Suggestion | grievance-pmay@gov.in |
Office Address | Pradhan Mantri Awas Yojana Ministry of Housing and Urban Affairs Nirman Bhawan, New Delhi- 110 011 Contact: 011 2306 3285, 011 2306 0484 Email: pmaymis-mhupa@gov.in |
पीएम आवास योजना नवीनतम अपडेट 2023
प्रधान मंत्री आवास योजना (पीएमएवाई), जिसे सभी के लिए आवास के रूप में भी जाना जाता है, भारत सरकार का एक प्रमुख कार्यक्रम है जिसका लक्ष्य 2024 तक सभी पात्र लाभार्थियों को किफायती आवास प्रदान करना है। इस योजना के दो घटक हैं: प्रधान मंत्री आवास योजना (शहरी) और प्रधानमंत्री आवास योजना (ग्रामीण)।
प्रधानमंत्री आवास योजना (शहरी)
पीएमएवाई (शहरी) एक केंद्र प्रायोजित योजना है जो पात्र लाभार्थियों को शहरी क्षेत्रों में अपने घर बनाने या नवीनीकरण करने के लिए वित्तीय सहायता प्रदान करती है। यह योजना आर्थिक रूप से कमजोर वर्गों (ईडब्ल्यूएस) और निम्न आय समूहों (एलआईजी) के लिए होम लोन पर ₹2.67 लाख तक की सब्सिडी प्रदान करती है। मध्यम आय समूहों (एमआईजी) के लिए, योजना ₹2.3 लाख तक की सब्सिडी प्रदान करती है।
प्रधानमंत्री आवास योजना (ग्रामीण)
पीएमएवाई (ग्रामीण) एक केंद्र प्रायोजित योजना है जो पात्र लाभार्थियों को ग्रामीण क्षेत्रों में अपने घर बनाने या नवीनीकरण करने के लिए वित्तीय सहायता प्रदान करती है। यह योजना नए घर के निर्माण पर ₹1.2 लाख और मौजूदा घर के नवीनीकरण पर ₹75,000 तक की सब्सिडी प्रदान करती है।
पीएम आवास योजना 2023 पर नवीनतम अपडेट
- भारत सरकार ने पीएमएवाई घरों का निर्माण पूरा करने की समय सीमा दिसंबर 2023 तक बढ़ा दी है।
- केंद्र सरकार ने पीएमएवाई ग्रामीण आवास योजना के तहत उत्तर प्रदेश के ग्रामीण निवासियों को 1,44,220 घर आवंटित किए हैं।
- केंद्र सरकार ने 2022-23 में पीएमएवाई के तहत राज्यों और केंद्र शासित प्रदेशों को ₹1 लाख करोड़ से अधिक जारी किए हैं।
Features & Benefits of PMAY Scheme
The Pradhan Mantri Awas Yojana (PMAY) is a government-led initiative to provide affordable housing to economically weaker sections and low-income groups in India. The scheme is implemented through three verticals: PMAY-U (urban), PMAY-G (rural), and PMAY-CLSS (credit-linked subsidy scheme).
The PMAY scheme has several features and benefits, including:
- Interest subsidy: The PMAY scheme provides interest subsidy to eligible borrowers for the construction or purchase of a house. The interest subsidy is available for loans up to INR 2 lakhs for EWS and LIG households, and INR 3 lakhs for MIG I households.
- Grant: The PMAY-G scheme provides a grant of INR 2.67 lakhs to eligible households for the construction of a new house.
- Loan at affordable rates: The PMAY scheme provides loans at affordable rates to eligible borrowers. The interest rate on loans under the PMAY scheme is lower than the regular lending rate.
- Easy repayment terms: The PMAY scheme offers easy repayment terms to eligible borrowers. The maximum tenure for loans under the PMAY scheme is 20 years.
- Technical assistance: The PMAY scheme provides technical assistance to eligible beneficiaries. This assistance can be in the form of designing, construction, and financial planning.
- Information and awareness: The PMAY scheme provides information and awareness to eligible beneficiaries about the scheme. This assistance can be in the form of workshops, seminars, and counseling sessions.
The PMAY scheme is a major initiative by the government of India to address the issue of housing shortage in the country. The scheme has been successful in providing affordable housing to millions of people so far, and it is expected to continue to benefit millions more in the years to come.
Pradhan Mantri Awas Yojana (PMAY) Beneficiaries
Beneficiary | Annual Income |
Middle Income Group I (MIG I) | Rs.6 lakh to Rs.12 lakh |
Middle Income Group I (MIG II | Rs.12 lakh to Rs.18 lakh |
Lower Income Group (LIG) | Rs.3 lakh to Rs.6 lakh |
Economically Weaker Section (EWS) | Up to Rs.3 lakh |
Key Highlights of PMAY Scheme
Particulars | EWS | LIG |
Eligible Housing Loan Amount for Interest Subsidy | Up to Rs.6 lakh | Up to Rs.6 lakh |
Maximum Loan Tenure | 20 years | 20 years |
Discounted Rate for Calculation of Net Present Value of Interest Subsidy | 9.00% | 9.00% |
Dwelling Unit Carpet Area (sq.m.) | Up to 30 sq.m. | Up to 60 sq.m. |
Duration of Scheme | 17 June 2015 to 31 December 2024 | 17 June 2015 to 31 December 2024 |
Applicability of No Pucca House | Not for upgradation or renovation |
|
Woman Ownership/Co- ownership | Not required for an existing property. Compulsory for a new acquisition. |
|
Amount Paid in Lump Payment for Each Sanctioned Housing Loan application | Rs.3,000 | Rs.3,000 |
Quality of Flat/House Construction | BIS Codes, National Building Code, and according to the NDMA Guidelines adopted |
|
Approvals for the Building Design | Mandatory | Mandatory |
Basic Civic Infrastructure (water, electricity, sanitation, sewerage, road etc.) | Mandatory | Mandatory |
Maximum Interest Subsidy Amount | Rs.2,67,280 | Rs.2,67,280 |
Key Parameters of PMAY
Particulars | MIG I | MIG II |
Eligible Housing Loan Amount for Interest Subsidy | Up to Rs.9 lakh | Up to Rs.12 lakh |
Maximum Loan Tenure | 20 years | 20 years |
Dwelling Unit Carpet Area (sq.m.) | 160 sq.m. | 200 sq.m |
Maximum Interest Subsidy Amount | Rs.2,35,068 | Rs.2,30,156 |
Lump Sum Amount Paid for Each Sanctioned Housing Loan Application Instead of processing fee | Rs.2,000 | Rs.2,000 |
Discounted Rate for Calculation of Net Present Value of Interest Subsidy | 9.00% | 9.00% |
Duration of Scheme | 1 January 2017 to 31 December 2024 | 1 January 2017 to 31 December 2024 |
Woman Ownership/Co- ownership | Not compulsory | Not compulsory |
Applicability of No Pucca House | Yes | Yes |
Approvals for the Building Design | Mandatory | Mandatory |
Quality of House/Flat Construction | BIS Codes, National Building Code, and according to the NDMA Guidelines adopted |
|
Basic Civic Infrastructure (water, road, sanitation, sewerage, electricity etc.) | Mandatory | Mandatory |
Income Proof to Claim Subsidy | Self-Declaration | Self-Declaration |
Identity Proof | Aadhaar Card Number | Aadhaar Card Number |
Type of PMAY Scheme
The Pradhan Mantri Awas Yojana (PMAY) is a government-led initiative to provide affordable housing to the economically weaker sections and low-income groups in India. The scheme is implemented through three verticals: PMAY-U (urban), PMAY-G (rural), and PMAY-CLSS (credit-linked subsidy scheme).
- PMAY-U (Urban): This scheme is for urban areas and targets EWS, LIG, and MIG households. Under this scheme, beneficiaries can avail of a loan of up to INR 6 lakhs for the construction or purchase of a house. The interest subsidy is 6.5% for EWS and LIG households and 4% for MIG households.
- PMAY-G (Rural): This scheme is for rural areas and targets EWS and LIG households. Under this scheme, beneficiaries can avail of a grant of INR 2.67 lakhs for the construction of a new house.
- PMAY-CLSS (Credit-Linked Subsidy Scheme): This scheme is for both urban and rural areas and targets EWS, LIG, and MIG households. Under this scheme, beneficiaries can avail of a loan of up to INR 9 lakhs for the construction or purchase of a house. The interest subsidy is 3% for EWS and LIG households and 2% for MIG households.
In addition to these three verticals, the PMAY also has a few other components, such as:
- Slum Rehabilitation Scheme (SRS): This scheme is for the rehabilitation of slum dwellers. Under this scheme, the government provides financial assistance to slum dwellers to construct new houses or to improve their existing houses.
- In-situ Slum Redevelopment (ISR): This scheme is for the redevelopment of slums without displacing the slum dwellers. Under this scheme, the government provides financial assistance to developers to redevelop slums and provide new houses to the slum dwellers.
- Beneficiary-led Construction (BLC): This scheme allows beneficiaries to construct their own houses with the help of government assistance. Under this scheme, the government provides financial assistance to beneficiaries to purchase construction materials and to hire laborers.
The PMAY is a major initiative by the government of India to address the issue of housing shortage in the country. The scheme has been successful in providing affordable housing to millions of people so far, and it is expected to continue to benefit millions more in the years to come.
PMAY Interest Subsidy
Particulars | Interest Subsidy | Maximum Loan for Subsidy |
EWS | 6.50% p.a. | Rs.6 lakh |
LIG | 6.50% p.a. | Rs.6 lakh |
MIG -1 | 4.00% p.a. | Rs.9 lakh |
MIG-2 | 3.00% p.a. | Rs.12 lakh |
Pradhan Mantri Awas Yojana (PMAY) Subsidy Calculator
The Pradhan Mantri Awas Yojana (PMAY) is a government-backed scheme that aims to provide affordable housing to all Indians by 2022. Under the PMAY, the government provides an interest subsidy to eligible homebuyers. The amount of interest subsidy depends on the income category of the homebuyer and the type of loan they take.
To calculate the interest subsidy under the PMAY, you can use the following formula:
Interest subsidy = (Interest rate x Loan amount x Tenure) x Subsidy percentage
For example, if you are a low-income household (EWS or LIG) and you take a loan of INR 2 lakhs at an interest rate of 8% for a tenure of 20 years, you will be eligible for an interest subsidy of 6.5%. The interest subsidy will be INR 88,800 (2,00,000 x 8 x 20 x 0.065).
Here is a table of the interest subsidy percentages for different income categories and loan amounts under the PMAY:
| Income category | Loan amount (in lakhs) | Subsidy percentage |
|---|---|---|
| EWS | Up to 2 | 6.5 |
| LIG | Up to 6 | 6.5 |
| MIG I | Up to 12 | 4 |
| MIG II | Up to 18 | 3 |
To use the PMAY subsidy calculator, you will need to enter the following information:
- Your income category
- The type of loan you are taking
- The loan amount
- The tenure
Once you have entered this information, the calculator will calculate the interest subsidy you are eligible for.
The PMAY subsidy calculator is a useful tool that can help you estimate the cost of your home loan. By using the calculator, you can make an informed decision about whether or not to take a home loan under the PMAY.
Here are some additional tips for using the PMAY subsidy calculator:
- Make sure you enter the correct information. The accuracy of the output depends on the accuracy of the input.
- Use the calculator to compare different loan options. This will help you find the best loan for your needs.
- Keep in mind that the interest subsidy is only available for a limited time. If you are considering taking a home loan, it is important to act sooner rather than later.
How to Get PMAY Interest Subsidy?
Meet the eligibility criteria. You must meet the eligibility criteria set by the government in order to be eligible for the PMAY interest subsidy. The eligibility criteria are as follows:
- Your annual household income should not exceed INR 3 lakhs.
- You should not own a pucca house.
- You should have a bank account.
- You should have an Aadhaar card.
Apply for a loan from a bank or financial institution that is empanelled under the PMAY scheme. The list of empanelled banks and financial institutions can be found on the PMAY website.
Submit the required documents to the bank or financial institution. The required documents are as follows:
- Aadhaar card of all the members of the household.
- Income certificate.
- Proof of residence.
- Proof of ownership of the land (if applicable).
- Loan application form.
- Property valuation report.
- No objection certificate from the local authority.
- Insurance certificate.
The bank or financial institution will assess your application and decide whether you are eligible for the PMAY interest subsidy. If you are eligible, the bank or financial institution will sanction the loan and disburse the amount to you.
The government will directly pay the interest subsidy to the bank or financial institution on your behalf. You will not have to pay any interest on the loan amount.
The PMAY interest subsidy is a great way to reduce the cost of financing your home. If you are eligible for the scheme, I encourage you to apply.
Here are some additional tips for getting the PMAY interest subsidy:
- Make sure you have all the required documents ready before you apply for the loan.
- Double-check all your information carefully before submitting the application form.
- Follow up with the bank or financial institution regularly to check on the status of your application.
How to transfer PMAY Subsidy to the Borrower's Bank?
Here are the steps on how to transfer the Pradhan Mantri Awas Yojana (PMAY) subsidy to the borrower’s bank account:
- The borrower needs to apply for the PMAY subsidy through the Pradhan Mantri Awas Yojana (PMAY) website or through a Common Service Centre (CSC).
- The borrower needs to provide the following documents to the bank or CSC:
- Aadhaar card of all the members of the household
- Income certificate
- Bank account details
- Proof of residence
- Proof of ownership of the land (if applicable)
- Consent letter to use Aadhaar data (if applicable)
- Self-attested copy of the job card issued under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
- Swachh Bharat Mission (SBM) number
- The bank or CSC will verify the documents and submit the application to the National Housing Bank (NHB).
- The NHB will approve or reject the application within 15 days.
- If the application is approved, the NHB will transfer the subsidy amount to the borrower’s bank account.
The process of transferring the PMAY subsidy can take anywhere from a few days to a few weeks. The exact time frame will depend on the bank or CSC and the NHB.
Here are some additional tips for transferring the PMAY subsidy:
- Make sure that you have all the required documents ready before you start the application process.
- Double-check all your information carefully before submitting the application form.
- Follow up with the bank or CSC regularly to check on the status of your application.
PMAY Loan Eligibility
To be eligible for a PMAY loan, you must meet the following criteria:
- Your annual household income should not exceed INR 3 lakhs.
- You must not own a pucca house. A pucca house is a house that is made of brick, cement, and concrete.
- You must have a valid Aadhaar card.
- You must have a bank account.
- You must be a citizen of India.
If you meet all of the eligibility criteria, you can apply for a PMAY loan from a bank or other financial institution that is empanelled under the scheme.
Here are some additional details about the eligibility criteria:
- Annual household income: The annual household income is determined by the Socio-Economic Caste Census (SECC) data. The SECC data collects information on household income, assets, and housing conditions.
- Pucca house: A pucca house is a house that is made of brick, cement, and concrete. It must have a roof, walls, and a floor. It must also have a toilet and a kitchen.
- Aadhaar card: The Aadhaar card is a 12-digit unique identification number issued by the government of India. It is mandatory for all citizens of India to have an Aadhaar card.
- Bank account: You must have a bank account in your name. The bank account can be either a savings account or a current account.
If you are not sure whether you are eligible for a PMAY loan, you can contact the nearest bank or financial institution that is empanelled under the scheme. They will be able to help you determine your eligibility.
पीएम आवास योजना के लिए पात्रता मानदंड
पीएम आवास योजना के लिए पात्रता मानदंड योजना के घटक के आधार पर भिन्न-भिन्न होते हैं। हालाँकि, कुछ सामान्य पात्रता मानदंड में शामिल हैं:
- आवेदक भारतीय नागरिक होना चाहिए।
- आवेदक के नाम या परिवार के किसी सदस्य के नाम पर कोई पक्का मकान नहीं होना चाहिए।
- आवेदक को भारत सरकार द्वारा निर्दिष्ट आय मानदंडों को पूरा करना होगा।
How to Apply for the PM Awas Yojana Online?
here are the steps on how to apply for the Pradhan Mantri Awas Yojana (PMAY) online:
- Go to the PMAY website at https://pmaymis.gov.in/.
- Click on the “Apply Online” tab.
- Create an account by entering your name, email address, and mobile number.
- Verify your email address and mobile number.
- Fill out the application form and upload the required documents.
- Pay the application fee.
- Submit the application form.
The required documents for the PMAY application are:
- Aadhaar card of all the members of the household
- Income certificate
- Bank account details
- Proof of residence
- Proof of ownership of the land (if applicable)
- Consent letter to use Aadhaar data (if applicable)
- Self-attested copy of the job card issued under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA)
- Swachh Bharat Mission (SBM) number
The application fee for the PMAY scheme is INR 100.
Once you have submitted the application form, the PMAY authorities will review your application and approve it if you are eligible. You will be notified about the status of your application through SMS or email.
If your application is approved, you will be eligible for a loan from a bank or other financial institution that is empanelled under the PMAY scheme. The interest subsidy will be provided by the government directly to the bank or financial institution.
How to check PMAY Application Status?
here are the ways to check the status of your Pradhan Mantri Awas Yojana (PMAY) application:
- Online: You can check the status of your application online through the PMAY website at https://pmaymis.gov.in/. You will need to enter your application ID and the OTP that will be sent to your registered mobile number.
- By SMS: You can also check the status of your application by sending an SMS to 8448824433. The SMS format is:
PMAY <space> Application ID
For example, if your application ID is 1234567890, you will send the following SMS:
PMAY 1234567890
The PMAY authorities will send you an SMS with the status of your application.
- Through the Public Grievance Redressal System (PGRS): You can also check the status of your application through the PGRS. The PGRS is a web-based system that allows you to file grievances and complaints related to the PMAY scheme. To check the status of your application through the PGRS, you will need to create an account and login to the system.
Once you have logged in to the system, you can search for your application ID and view the status. You can also file a grievance if you are not satisfied with the status of your application.
How to Edit Your Details After Submitting Application for PMAY
- Visit the official website of Pradhan Mantri Awas Yojana
- Enter your application reference number and your Aadhaar details
- Click on the “Edit” option
- You will now be allowed to edit your application details
- PMAY Resource: PMAY Online Application Form
Phases of Pradhan Mantri Awas Yojana (PMAY)
The PMAY Scheme will be executed in three phases. Refer to the table below for more details:
Stage | Phase 1 | Phase 2 | Phase 3 |
Start date | 04/01/15 | 04/01/17 | 04/01/19 |
End date | 03/01/17 | 03/01/19 | 03/01/22 |
Cities covered | 100 | 200 | Remaining cities |
PM Awas Yojana Gramin
The Pradhan Mantri Awas Yojana Gramin (PMAYG) is a government-funded scheme that aims to provide housing for the rural poor in India. The scheme was launched in 2015 and is being implemented by the Ministry of Rural Development.
Under the PMAYG scheme, eligible beneficiaries can avail of a loan of up to INR 2 lakhs at a subsidized interest rate of 6.5%. The loan can be used to construct a new house or to improve an existing house. The maximum tenure for the loan is 20 years.
To be eligible for the PMAYG scheme, a household must meet the following criteria:
- The annual income of the household should not exceed INR 3 lakhs.
- The household should not own a pucca house.
- The household should have a bank account.
- All members of the household should have an Aadhaar card.
The PMAYG scheme is a major initiative by the government of India to address the problem of rural housing. The scheme has been successful in providing housing to millions of people in rural areas.
Here are some of the benefits of the PMAYG scheme:
- It provides financial assistance to eligible beneficiaries to construct a new house or to improve an existing house.
- It helps to improve the living conditions of the rural poor.
- It creates employment opportunities in the construction sector.
- It boosts the rural economy.
The PMAYG scheme is a valuable asset to the Indian economy and society. It has the potential to transform the lives of millions of people and make India a more inclusive and equitable society.
PM Awas Yojana List
The Pradhan Mantri Awas Yojana (PMAY) is a government-led initiative to provide affordable housing to the economically weaker sections and low-income groups in India. The scheme is implemented through three verticals: PMAY-U (urban), PMAY-G (rural), and PMAY-CLSS (credit-linked subsidy scheme).
Eligibility Criteria:
To be eligible for the PMAY scheme, households must meet the following criteria:
- Annual income of up to INR 18 lakhs
- Not own a permanent house in any part of India
Benefits of the Scheme:
The PMAY scheme provides financial assistance to eligible beneficiaries for the construction or improvement of their houses. The amount of assistance varies depending on the income category of the beneficiary and the type of house being constructed.
- EWS and LIG households in urban areas can receive an interest subsidy of up to 6.5% on the loan amount for the construction of a new house.
- MIG households in urban areas can receive an interest subsidy of up to 4% on the loan amount for the construction of a new house.
- EWS and LIG households in rural areas can receive a grant of INR 2.67 lakhs for the construction of a new house.
- MIG households in rural areas can receive a grant of INR 1.33 lakhs for the construction of a new house.
Implementation of the Scheme:
The PMAY scheme is implemented by the Ministry of Housing and Urban Affairs (MoHUA) through state governments and municipal bodies. The scheme is monitored through a web-based monitoring system called AwaasSoft.
Funding of the Scheme:
The PMAY scheme is funded by the Government of India, state governments, and beneficiaries. The funding pattern for the scheme varies based on the vertical being implemented.
PMAY Customer Care Helpline Numbers
In case of any queries relating to the application process, interest rates and any other scheme related queries, customers can contact the toll free helpline number:
- 1800-11-6163 (Urban, HUDCO)
- 1800-11-3388 (Urban,NHB)
- 1800-11-3377 (Urban,NHB)
- 1800-11-6446 (Gramin)
Those facing any issues related to the application process can contact the above toll-free numbers according to the locations.
FAQs on PM Awas Yojana 2023
How much time does it take to get the subsidy amount from PMAY?
It usually takes around 3 to 4 months for the subsidy amount from PMAY to be credited to the beneficiary’s bank account. This is subject to the verification process of the government.
How to get the Assessment ID for PMAY?
To get the Assessment ID for PMAY, you need to register on the PMAY portal. You can do this by providing your Aadhaar number, bank account details, and other required information. Once you have registered, you will be assigned an Assessment ID.
If I am a woman can I apply for this scheme?
Yes, you can apply for the PMAY scheme even if you are a woman. The scheme gives priority to women who are running a family within the lower income groups.
I am a senior citizen and fall under the local income groups? While the PMAY scheme seems financially viable, as an elderly person I would prefer a housing in the Ground Floor. What should I do?
You can apply for the PMAY scheme and mention that you would prefer a ground floor house. The government will try its best to accommodate your request.
What does one mean by DBT?
DBT stands for Direct Benefit Transfer. This means that the beneficiaries of the PMAY scheme will receive the subsidy amount directly in their bank accounts. This will help to reduce corruption and ensure that the benefits reach the intended beneficiaries.
Why will the Government Geo tag the properties under the PMAY housing project?
The government will geo tag the properties under the PMAY housing project to ensure transparency and accountability. This will help to track the progress of the project and ensure that the benefits reach the intended beneficiaries.
How long will the PMAY project last?
The PMAY project is supposed to last until 2024. However, this is the date by which all the regions in India should have beneficiaries who can avail the scheme. The construction and ultimately the beneficiaries moving in may take longer.
What is the maximum annual income should I have to be eligible for PMAY?
Your annual income should not be more than Rs. 18 lakhs to be eligible for the PMAY scheme. However, there are no lower limits for the PMAY income requirement.
What is a Central Nodal Agency when we are talking about PMAY?
A Central Nodal Agency is a government agency that is responsible for implementing the PMAY scheme. The Central Nodal Agency is responsible for disbursing the subsidy amount to the beneficiaries, monitoring the progress of the project, and ensuring that the benefits reach the intended beneficiaries.
What does one mean, by carpet area in lieu with Pradhan Mantri Awas Yojana?
Carpet area is the area enclosed within the walls of a house. It is the actual area that can be used for living. The PMAY scheme provides a subsidy for the construction of houses with a carpet area of up to 269 square meters in urban areas and 302 square meters in rural areas.
What is FAR when it comes to PMAY?
FAR stands for Floor Area Ratio. It is a measure of the built-up area of a building in relation to the size of the plot on which it is built. The PMAY scheme has a maximum FAR of 2.75 in urban areas and 1.25 in rural areas. This means that the built-up area of a house cannot exceed 2.75 times the size of the plot in urban areas and 1.25 times the size of the plot in rural areas.
What is TDR or Transfer of Development Rights?
TDR stands for Transfer of Development Rights. It is a policy that allows the owners of land in high-density areas to sell their development rights to developers in low-density areas. This helps to reduce the pressure on land in high-density areas and promote the development of low-density areas.
Can I apply if I do not have an Aadhaar Card?
Yes, you can apply for the PMAY scheme even if you do not have an Aadhaar Card. However, you will need to provide other documents such as your PAN card, voter ID card, or passport.
Do I have to pay for the registration?
Yes, you will have to pay a registration fee of Rs. 25 for the PMAY scheme. This fee is non-refundable.