affordable housing scheme

The population in India is increasing day by day and so the need for Government housing projects. Because, these new housing schemes are affordable and will let the citizens of India live in a hygienic condition with good water and electricity facility.

Understanding Affordable Housing Scheme

Reasonable affordable apartment never truly took off in the past, as it remained an idealistic dream for more than 10 years.

Securing an affordable house in India in urban territories at a reasonable cost, deficient foundation and a long endorsement process – were the main reasons for the non-availability of affordable houses in India. However, presently, Government is working really hard to work on these points and to control this issue.

As a large portion of us know, 'Lodging for All by 2022' is a Government of India activity under which, the past Indira Awas Yojana was renamed as Pradhan Mantri Awas Yojana Grameen, and another plan Pradhan Mantri Awas Yojana Urban, was propelled in 2015 to provide Government low income housing facility in India.

Under both these plans an aggregate of 50 million houses were focused to be worked by budgetary year 2022. The ulterior motive behind this was to provide a pucca roof to all the Indian citizens. They wanted to provide affordable properties to everyone who couldn’t afford houses. Many affordable houses are for sale under the affordable projects in Gurgaon scheme that you can have a look at.

In India, finding an affordable housefor sale was becoming a challenge. If we observe closely then we will realize that many of our citizens are living under grave condition without the constant supply of water or electricity.

Housing Projects:

People are constantly moving to cities for better employment offer and better life. Research says that people are mostly looking for affordable houses in urban areas, and urban areas had a serious issue in terms of land availability for affordable homes schemes.

The prime agenda of Government is to work closely with the developers and real estate holders to check that the people from the lower income group can benefit from this scheme.

Those who were moving from rural areas needed better job opportunity and also better living standards. Hence, it was becoming important for the Government to work on new affordable housing scheme for those who were in need. Check out our list of new affordable homes for sale in Noida under the affordable projects in Noida scheme.

New Housing Scheme

The new scheme on affordable housing properties can be distributed into 4 parts. Please read the following affordable housing guidelines carefully:

1. People who belong to EWS (Economically weaker section) earning up to 3 lakhs per year
2. People who belong to LIG (Lower Income group) earning up to Rs. 6 lakhs per annum
3. MIG 1- People earning up to 12 lakhs per annum
4. MIG-2- People earning up to 18 lakhs per annum

People who are looking for an affordable housing scheme can go through our list of affordable houses in various parts of this country. The government property scheme will give subsidy of 6.5% to those belonging to EWS group and those who are from LIG, they can take loan of up to Rs. 6 lakhs.Through this scheme people will be able to opt for cheap affordable homes.

Check out the list of upcoming affordable housing projects in Kolkata, under the affordable projects in Kolkata scheme.

How to Apply for Affordable Housing Projects?

We have talked a lot about various affordable housing projects, but who are eligible for these housing projects? To avail Government affordable housing schemes, people have to take care of the following:

1. A person who is married and has unmarried children can apply for low cost affordable housing scheme.


2. A grown-up acquiring person (independent of conjugal status) can be dealt with as a different family unit, given he or she doesn't claim to have a pucca house in his or her name. A wedded couple, both of the life partners, or both together in joint possession, will be qualified for only one house. A recipient family ought not have benefited of focal government's help under any lodging plan to avail affordable housing government housing scheme.

Let us now try to understand where to Apply for these Affordable Housing

If you wish to apply for available affordable housing scheme then you can do that by registering at the CSC platform (Common service center) by paying a nominal fee of Rs.25 for the registration plus the GST. Next, you need to fill in the required documents like Aadhar card number, name and address. Once the registration is done, you will receive an email to your registered email ID for your low cost affordable housing scheme.

Government Housing Projects

Visit the affordable housing website http://pmaymis.gov.in and apply online. Remember that Aadhar number is compulsory to register to avail affordable housing opportunities. Once it is done, you will be sent an email containing the track number of your application.

If you are checking out property for sale in India, then we have taken care of many cities with some of the best affordable housing property list.