Pradhan Mantri Awas Yojana Gramin or PMAYG was launched as an initiative to provide affordable housing to all sections of the society at subsidised rates. Pradhan Mantri Awas Yojana Gramin in Delhi aims to provide financial assistance to the ones belonging to the lower and lower-middle income group with proper housing and sanitation facilities.
Who are eligible for the scheme?
To avail benefits from PMAYG, individuals are required to fulfil the following eligibility criteria, where he/she –
- Should not have availed any other housing scheme by the government.
- Should be within 70 years age.
- Should have valid proof of being under an economically weaker section.
Pradhan Mantri Awas Yojana or PMAY was launched as an initiative to provide affordable housing to all sections of the society at subsidised rates. Pradhan Mantri Awas Yojana in Delhi aims to provide financial assistance to the ones belonging to the lower and lower-middle income group with proper housing and sanitation facilities.
Who are eligible for the scheme?
To avail benefits from PM Awas Yojana, individuals are required to fulfil the following eligibility criteria, where he/she –
- Should not have availed any other housing scheme by the government.
- Should be within 70 years age.
- Should have valid proof of being under an economically weaker section.
What are the associated benefits?
Besides loan under PMAYG at subsidised interest rates to build houses, the scheme also provides other benefits such as –
- Affordable housing in standard city areas.
- Ground floor units in case of a senior citizen or an especially abled candidate.
- Housing units with eco-friendly amenities.
Make sure you provide proper documents before going for PMAY registration. Once you enrol for the scheme, you can approach a lender for a home loan to construct or buy your house.
Affordable housing schemes like PMAY benefits individuals to a large extent with the convenience of availing home loans with subsidies and minimum documentation. Nevertheless, know all about Pradhan Mantri Awas Yojana in Delhi to benefit from the scheme.
