Impact of COVID 19 on Real Estate Industry.
Major Challenges of Real Estate to Switch Digitally The present new type of digital real…
Contents
- 1 Affordable housing scheme in India
- 1.1 1. Pradhan Mantri Awas Yojana (PMAY): 2015
- 1.2 2. Rajiv Awas Yojana: (2011)
- 1.3 3. Interest Subsidy for Housing the Urban Poor (ISHUP): 2009
- 1.4 4. National Urban Housing & Habitat Policy: (2007)
- 1.5 5. Jawaharlal Nehru National Urban Renewal Mission (JNNURM): 2005
- 1.6 "No One Sells Better Real Estate other than RealYards"
- 1.7 Affordable Housing in Gurgaon
- 1.8 News & Updates
- 1.9 BLOG RESOURCES
- 1.10 Complete List of All Affordable Housing Projects, Flats & Homes Launched in Gurgaon
- 1.10.1 Signature Global Grand Iva Affordable Sector 103 Gurgaon
- 1.10.2 OSB Expressway Towers Affordable Housing Sector 109 Gurgaon, Gurugram
- 1.10.3 Shree Vardhman Green Court Affordable Housing Sector 90 Gurgaon
- 1.10.4 Sunrays Heights 63 Golf Drive Affordable Sector 63A Gurgaon
- 1.10.5 Signature Global The Millennia Affordable Housing Sector 37D, Gurgaon,Gurugram
- 1.10.6 Signature Global Andour Heights Affordable Sector 71 Gurgaon
- 1.10.7 RMG Residency (Ninex) Affordable Sector 37c Gurgaon
- 1.10.8 Ramsons Kshitij Affordable Housing Sector 95 Gurgaon
- 1.10.9 Zara Rossa Affordable Housing Sector 112 Gurgaon, Gurugram
- 1.10.10 Maxworth Aashray Affordable Housing Sector 89 Gurgaon, Gurugram
- 1.10.11 Lotus Homz Affordable Housing Sector 111 Gurgaon
- 1.10.12 Pivotal Paradise Affordable Housing Sector 62 Gurgaon,Gurugram
- 1.10.13 Conscient Habitat Affordable Housing Sector 99A Gurgaon
- 1.10.14 Ramada Aalayas Affordable Housing Sector 102 Gurgaon
- 1.10.15 Pivotal Riddhi Siddhi Affordable Housing Sector 99 Gurgaon
- 1.10.16 Suncity Avenue 102 Affordable Housing Sector 102 Gurgaon
- 1.10.17 Pyramid Urban Homes 2 (II) Affordable Sector 86 Gurgaon
- 1.10.18 Mahendra Shantima Affordable Housing Sector 91 New Gurgaon
- 1.10.19 Apex Our Home Affordable Housing Sector 37C Gurgaon
- 1.10.20 Signature Global Synera Affordable Housing Sector 81 Gurgaon
- 1.11 When you dream a home, you buy one !
We help you INVEST right
1. Pradhan Mantri Awas Yojana (PMAY): 2015
PMAY is an NDA government’s flagship Affordable housing scheme / plan implemented in the year between 2015-2022, aiming for ‘Housing For All’. This scheme is divided into 4 parts. Hailed as the largest housing booster for economically weaker section of society.
(a) In-situ slum redevelopment (ISSR):
Under this scheme the government uses the land of the slum dweller to make a house for them. The scheme has leveraged by the large number of slum area in India. With the private partnership with the eligible slum dweller, the government can use to develop their slum land to make affordable houses.
(b) Credit-linked subsidy scheme (CLSS):
Under this scheme, Credit-linked subsidy will be provided to the EWS Economically Weaker Section (EWS) and Low Income Group (LIG) on Home loans. The subsidy is provided on both for buying or constructing of house to the urban poor
EWS with the annual Household Income Up to Rs.3 lakh/annum and house sizes upto the carpet area of 30 sq.m. Upto loan amount 6 lakh at 6.5 interest subsidy.
LIG with the annual Household Income from 3 lakh to Rs. 6 lakh/annum and house size upto the carpet area of 60 sq.m. Upto loan amount 6 lakh at 6.5 interest subsidy.(c) Affordable housing in partnership (AHP):
Under this scheme, Affordable house are provided to the EWS groups with financial assistance from with different partnerships by States/UTs/Cities with the private sector. Each EWS house gets Rs. 1.5 Lakh Central Assistance when at least 35% of the total constructed houses are for EWS category.
(d) Subsidy for Beneficiary-led individual house construction/enhancement.
Under this scheme, a subsidy is provided to EWS category people to construct or renovate their existing houses. Assistance of ₹ 1.5 lakh per family is provided for new construction.
2. Rajiv Awas Yojana: (2011)
Rajiv Awas Yojana (RAY) is an affordable housing scheme announced in 2009 aiming for a “Slum Free India”.This affordable housing scheme includes:
- a. The slum properties are used to make apartments for the slum land owner.
- b. Encourages the state and union territories (UT) to bring all illegal constructions within a formal system.
- c. Affordable housing in partnership (AHP) with the States & UTs. Each EWS house gets Rs. 75,000 Central Assistance for house sizes upto the carpet area of 21 to 40 sq.m when at least 250 dwelling units of the total construction project.
3. Interest Subsidy for Housing the Urban Poor (ISHUP): 2009
This scheme mandates subsidy of 5% p.a in interest on housing loans upto Rs. 1.00 lakh loan amount to the EWS and LIG as part of credit.
Under this affordable housing scheme, the Minister for Housing and Urban Poverty included the Regional Rural Banks (RRBs), Private & public sector Banks and Self Help Groups (SHGs) for expanding credit flow to the housing sector.
This scheme also encourages the poor sections (EWS & LIG) to avail for housing loan facilities.
4. National Urban Housing & Habitat Policy: (2007)
The core focus of this Policy is supply of “Affordable Housing For All” with special emphasis on low income sections of society such the urban poor, SC/ST, BC and Minorities.
It promotes and accelerates the development of cost-effective & quality approved building by the use of modern technologies. And special Provision given to Women to own a house.
5. Jawaharlal Nehru National Urban Renewal Mission (JNNURM): 2005
JNNURM is a city modernisation scheme has two components
Basic Services for Urban poor (BSUP)
Integrated Housing and Slum Development Programme (IHSDP): development of slums by providing affordable houses with basic amenities
There are many real estate company making affordable apartments in Chennai for encouraging the middle class group to buy their own house.
The Central government is coming up with so many affordable housing schemes to balance the demand and supply of the houses. Apart from that, many State Governments like Tamil Nadu, Andhra Pradesh, and Gujarat etc are also encouraging EWS, low and middle income groups to afford houses either by loan subsidy, rental benefits or by constructing affordable houses.
HOW RELAESTATE IS HELPING ECONOMY
HOW RELAESTATE IS HELPING ECONOMY? In last 10 – 15 years, Economy of India has…
RBI MONETARY POLICY AUGUST 2020 ANNOUNCEMENT
RBI MONETARY POLICY AUGUST 2020 ANNOUNCEMENT We will know about the RBI Monetary policy announcements…
Largest Gurgaon Property Portal. Invest in Luxury Residential Commercial & Affordable housing project at Best Price. No Sales Pitch, Pure Consultation. We offer Property to BUY | SELL | INVEST | SALE for housing projects in Gurgaon for;
- Luxury
- Commercial
- Residential
- Affordable
Complete List of All Affordable Housing Projects, Flats & Homes Launched in Gurgaon
Signature Global Grand Iva Affordable Sector 103 Gurgaon
Signature Global Grand Iva Overview Signature Global brings forth an opportunity to live in an
OSB Expressway Towers Affordable Housing Sector 109 Gurgaon, Gurugram
OSB Expressway Towers : OSB Expressway towers is an offering culminated from honest commitments and people
Shree Vardhman Green Court Affordable Housing Sector 90 Gurgaon
Shree Vardhman Green Court Overview Shree Vardhman Group is having more than two decades experience
Sunrays Heights 63 Golf Drive Affordable Sector 63A Gurgaon
Sunrays Heights 63 Golf Drive Affordable Sector 63A Gurgaon 63 Golf Drive Affordable housing in Gurgaon Sector
Signature Global The Millennia Affordable Housing Sector 37D, Gurgaon,Gurugram
Signature Global The Millennia Overview: Signature Global Affordable housing project The Millennia Sector 37 D
Signature Global Andour Heights Affordable Sector 71 Gurgaon
Signature Global Andour Heights Affordable Sector 71 Gurgaon Signature Global,An Address Which Is Going To
RMG Residency (Ninex) Affordable Sector 37c Gurgaon
RMG Residency (Ninex) Affordable Homes Sector 37C, Gurgaon Developed in accordance to the guidelines outlined
Ramsons Kshitij Affordable Housing Sector 95 Gurgaon
Ramsons Kshitij Affordable Housing Sector 95 Gurgaon Ramsons Kshitij – Ramsons Bring to you an
Zara Rossa Affordable Housing Sector 112 Gurgaon, Gurugram
Zara Rossa Overview Zara Group New upcoming Project “Zara Rossa” in Sector-112 Gurgaon, on Dwarka
Maxworth Aashray Affordable Housing Sector 89 Gurgaon, Gurugram
Maxworth Aashray Overview: The Government of Haryana introduced an Affordable Housing Policy in 2013 with
Lotus Homz Affordable Housing Sector 111 Gurgaon
Lotus Homz Affordable Housing Sector 111 Gurgaon Lotus is coming up with Affordable Housing in
Pivotal Paradise Affordable Housing Sector 62 Gurgaon,Gurugram
Pivotal Paradise OVERVIEW: Pivotal Paradise Affordable Sector 62 Gurgaon. A home overlooking the verdant greens,
Conscient Habitat Affordable Housing Sector 99A Gurgaon
Conscient Habitat Affordable Housing Sector 99A Gurgaon The Conscient Habitat is coming with 2BHK Apartment
Ramada Aalayas Affordable Housing Sector 102 Gurgaon
Ramada Aalayas Overview Ramada Hotels is coming up for the first time in Residential Realty
Pivotal Riddhi Siddhi Affordable Housing Sector 99 Gurgaon
Pivotal Riddhi Siddhi Affordable Housing Sector 99 Gurgaon Pivotal Riddhi-Siddhi – Riddhi Siddhi is maybe a
Suncity Avenue 102 Affordable Housing Sector 102 Gurgaon
Suncity Avenue 102 Affordable Housing Sector 102 Gurgaon Developed in accordance with the teams and
Pyramid Urban Homes 2 (II) Affordable Sector 86 Gurgaon
Pyramid Urban Homes 2 Sector 86 Gurgaon: Pyramid Urban Homes 2 Sector 86 Gurgaon is a new upcoming affordable
Mahendra Shantima Affordable Housing Sector 91 New Gurgaon
Mahendra Shantima Affordable Housing Sector 91 New Gurgaon “Mahendra Shantima” – This is a Residential
Apex Our Home Affordable Housing Sector 37C Gurgaon
Apex Our Home Affordable Housing Sector 37C Gurgaon “Apex Our Home” – Apex is heading
Signature Global Synera Affordable Housing Sector 81 Gurgaon
Signature Global Synera Affordable Housing Sector 81 Gurgaon After Grand Success of Sector 107 Gurgaon,Now
