PM Awas Yojana: 1.09 Lakh Houses to be Constructed by MHADA in the State

PM Awas Yojana: 1.09 Lakh Houses to be Constructed by MHADA in the State

Pradhan Mantri Awas Yojana: The state government of Maharashtra plans 1:09 lakh houses under worth Rs Pradhan Mantri Awas Yojana to construct. 100 crore. MHADA is selected for the construction of this housing system as a node station and MHADA is the role of hand holding play in the implementation of the Agency PMAY between the Centre and various municipal corporations and Zila Parishads.

. Under the PM Awas Yojana, a proposal of a subsidy of up to Rs 2.5 lakh for EWS (Economical Weaker Section) and a first time buyer, whose monthly income does not exceed Rs 25,000 / -. And is ready to build a house of not more than 30 square meters or 322 square meters for sale.

The officials of the Condominium cited that the center’s approval for funds of about Rs 100 crore grant and it will soon be transferred to the state government that the funds have been transferred MHADA later.

Round 76 proposal municipal corporations and Zilla parishads were from state government received for the financing of the construction of houses under the scheme. This proposal is of neighborhoods like Pune, Nashik, Nagpur, Nanded and Aurangabad. The subsidy Rs 2.5 lakh to each first-time buyers will be provided by the State and Centre. Of the total grant, Rs. 1 lakh will be provided by Centre and rest Rs available. 1.5 lakh will be paid by the state.

PM Awas Yojana is the control of Prime Minister launched with a target houses to create all across the nation. The scheme has four components for the implementation of the program, including:

  • Slum rehabilitation of Slum Dwellers with participation of private developers using land as a resource.
  • Promotion of affordable housing for weaker section through credit linked subsidy.
  • Affordable housing in partnership with Public & Private sectors
  • Subsidy for beneficiary-led individual house construction or enhancement.

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