Over 12 lakh eligible under PMAY in Maharashtra

Over 12 lakh eligible under PMAY in Maharashtra

MUMBAI: A whopping 25 lakh people across the state have registered online for affordable houses under the Prime Minister Awas Yojana (PMAY).

Additional chief secretary (Housing) Sanjay Kumar told ToI that as per the PMAY website, 24.9 lakh persons have registered online, while 12.2 lakh applicants were found eligible for a house under the scheme. “We have drafted an ambitious plan to complete the work for approval of housing projects by 2019,’’ he said.

Kumar said that while the cost of houses ranges from Rs 3 lakh to Rs 10 lakh, the Union government provides a subsidy of Rs 1.5 lakh and the state Rs 1 lakh. For people from economically weaker section a house will be 300 sq ft, while for those from lower income group, it will be more than 30 sq meters, but less than 60 meters. “Under the housing for all, we have set a target of constructing more than 20 lakh houses by 2022,’’ Kumar said.

He said that the Centre aims to provide houses to all, and that too at affordable prices, by 2022 when when the nation completes 75 years of Independence. “In 2015, we prepared a scheme to provide houses to all in 382 cities/towns,’’ he said.

On the initiatives taken by the state government to achieve the target of housing for all, Sanjay Kumar said it has been decided to allot government land at a nominal rate of Re 1 per sq mtr, stamp duty of Rs 1,000 per dwelling unit for economically weaker sections, joint measurement charges at 50% , development charges too will be 50% of prevailing charges. Projects under PMAY will be implemented on public private participation basis. “All these orders have been issued,’’ Sanjay Kumar said.

He said the Centre has released the first instalment of nearly Rs 371.6 crore.

A senior BJP Minister said the government’s main target, particularly in the run-up to the ensuing Lok Sabha and state assembly polls, is to construct maximum number of affordable houses under PMAY. “By the end of 2019, we will ensure that more than 50 per cent of the projects will be nearing completion,’’ he said.

Bhatnagars Real Estate

Share
Published by
Bhatnagars Real Estate

Recent Posts

What Is Carpet Area vs Built-Up Area? A Guide for Pune Homebuyers

What Is Carpet Area vs Built-Up Area? A Guide for Pune Homebuyers If you're planning…

2 months ago

Did you know ? Vastu-compliant homes are preferred by nearly 80% of Indian buyers, especially in metro cities.

Why Nearly 80% of Homebuyers in Indian Metro Cities Prefer Vastu-Compliant Homes Real estate buyers…

4 months ago

Things to Do to Get Ready to Buy Home

 Are you looking to buy Property maybe today, maybe tomorrow or the next year? Things…

4 months ago

Buying Your First House in Pune: A Complete Guide

Buying your first home is an exciting milestone, and Pune, with its growing real estate…

6 months ago

MAHA RERA GUIDELINES FOR HOMEBUYERS

MAHA RERA GUIDELINES FOR HOMEBUYERS MAHA RERA GUIDELINES FOR HOMEBUYERS: MahaRERA, the Maharashtra Real Estate…

6 months ago

India’s Rising Property Prices: Can They Keep Going Up or Are We Looking at a Bubble?

Housing prices in India: India's Rising Property Prices: Can They Keep Going Up or Are…

7 months ago