ABOUT AFFORDABLE HOUSING SCHEME
Now 1st time in NCR you can own your flat @12.99 Lacs!
Under government authorization and GDA approval, Affordable Housing Scheme is launched in Rajnagar Extension.Migsun group has come up with new project Migsun Roof under affordable housing scheme. The Government of India has taken major step towards ensuring that people can get a house within their financial capability.
Income is the major aspect that determines housing affordability so; we understand the affordable housing challenges faced by middle and low income families. To overcome these difficulties government took a initiate to help people by providing them affordable houses.
This Migsun Roof under Affordable Housing Scheme by UP Government in which the UP aims to develop affordable houses by 2016 in the state for middle income group of the Society. Under this scheme about 350 flats are to be constructed in Rajnagar Extension. This residents under this scheme are built in area ranges from Size 675 Sq.ft and 995 Sq.ft.
FEATURES OF AFFORDABLE HOUSING SCHEME
• The Govt. would provide an interest subsidy of 6.5% on housing loans availed by the beneficiaries. • Exemption of Service Tax for unit under 60 Sqmt (Carpet area as per RERA) for the eligible as per GOI service tax mega exemptions notification 25/2012-ST. • The eligible shall be exempted from STAMP DUTY also. • Allotment of houses/plots will be based on lottery system. • Registration will be done on the name of applicants personally not in the name of certain society etc. • If registrations will be higher than the available flats then old registration holders will be preferred over the new ones. Generally allotment is done through lottery system.
PRADHAN MANTRI AWAS YOJANA |SABKA GHAR HO APNA
One of the primary needs of any human being is a house. A house is a security that allows every individual to flourish under a sense of security, knowing that at the end of day’s hard work. There is a place where he or she can relax. A house is where new dreams are born and are nurtured, thus making it one the most basic needs for survival.
The Government of India took a major step to ensure that people can get house with in their household budget. Narendra Modi launched a nationwide scheme known as Pradhan mantri Awas Yojana Previously known as Housing for scheme, this Yojana comes with a bold vision of providing a affordable housing solutions to all Indian citizens, this scheme is launched on June 25,2015. The primary aim for this Yojana is to ensure that 2 crore houses are to built across the nation.
FEATURES OF PRADHAN MANTRI AWAS YOJANA AKA HOUSING FOR ALL 2022
The features of Pradhan Mantri Awas Yojana are as following:
- • Government Loan of up to 6 lacs for period of 15 years or less.
- • The government would provide an interest subsidy of 6.5% on housing loans availed by the beneficiaries.
- • Exemption of Service Tax for units under 60 Sq mt (carpet area as per RERA) for the eligible, as per COI service Tax.
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