Advantages of Pradhan Mantri Awas Yojna l Avail Subsidy l Pro-Women #Dream of #building your own #home. Preferred #Realestateagent in #Lucknow l #Smart_City_Lucknow #PMAY #affordablehousing #realestate
Pradhan Mantri Awas Yojna (PMAY) scheme was launched with target to provide 2 crore affordable Housing for All by 2022. PMAY is a good scheme and one should try if he/she falls under the eligibility criteria. We would advice clients to consult with their Real Estate Consultant before applying for it and take advantage of this Yojna. Target Group : Economically Weaker Sections (EWS) and Low Income Group (LIG). Group having income under three lacs are EWS while above but under six lacs are LIG. This can be changed as per respective govt. Phases : Will be completed in three phases (April 2015 to March 2017 for 100 Cities, April 2017 to March 2019 for 200 cities and finally from 2019 to 2022 which covers all the remaining cities of the country Pucca House : One should not own a pucca house in his own name or in the name of his family members in any part of the country to avail this scheme Subsidized rate of interest : Avail subsidy upto 6.5% for 20 years....