Govt Yojana

Pradhan Mantri Awas Yojana Pradhan Mantri Awas Yojana - PMAY (pmaymis.gov.in) With a vision of 'Housing for All by 2022', Government has launched a flagship program 'Pradhan Mantri Awas Yojana - Housing for All (Urban)' to meet the housing shortage among the urban poor. PMAY envisages construction of 2 Crore houses with basic amenities Benefits "In-situ" Slum Redevelopment : Slum redevelopment grant of Rs. 1 lakh per house is admissible for all houses built for eligible slum dwellers using land as Resource with participation of private developers. This grant can be utilized by States/UTs for any of the slum redevelopment projects. After Redevelopment, de-notification of slums by State/UT Government Credit Linked Subsidy Scheme: For EWS/LIG Central assistance is provided in form of interest subsidy @6.5% on home loans upto Rs. 6 lakh availed for new construction (including re-purchase) and addition of rooms, kitchen, toilet, etc to existing...