Pradhan Mantri Awaas Yojana 2024: Today we are going to enlighten the briefs of Pradhan Mantri Awaas Yojana 2024. The govt started the initiative to provide financial assistance to eligible families to build their own homes and the PMAY scheme also has benefits for families who seek loans for their houses.
Pradhan Mantri Awaas Yojana 2024: Complete Details
Initially, the Pradhan Mantri Awaas Yojana was started in 2015 under the concept of Housing for All/HFA. Let’s discuss below, what the Indian Govt has for eligible families to build their own homes.
Beneficiary of PMAY(U) Pradhan Mantri Awaas Yojana
The benefit of PMAY/Pradhan Mantri Awaas Yojana will be given to the following applicants.
- The applicants who are from the EWS section can apply for the PMAY.
- The lower income group is eligible for the Pradhan Mantri Awaas Yojana.
- The Indian Govt also covers the middle-income group for the PMAY.
- People from rural and urban areas, both will get financial assistance to build the homes.
Benefits of PMAY(U) Pradhan Mantri Awaas Yojana
From a vast range of benefits of Pradhan Mantri Awaas Yojana, we are going to discuss the major ones below.
- The Govt of India will provide financial assistance to the eligible persons for constructing their home or purchasing the home.
- The govt of India also collaborated with private builders who built affordable housing units and then allotted the houses to eligible families.
- The govt of India has given preference to the woman first at the time of allotment of houses.
- The family become the legal owner of the house under the Pradhan Mantri Awaas Yojana.
- The quality of life of several families has improved incredibly because now they have to meet their daily needs only, there is no burden of purchasing land and constructing a home.
- The slum areas are reduced concerning earlier times.
- The Govt of India has provided the digital platform to apply for the Pradhan Mantri Awaas Yojana. The whole process of allocating the house is transparent.
- The families are provided with the benefit of DBT- Direct Bank Transfer.
How to Apply for PMAY(U) Pradhan Mantri Awaas Yojana
- The applicants first need to decide that for which area they belong to rural or urban.
- Then, visit the PMAY rural or urban website, links are given below for both.
- Then, go to the citizen section of the PMAYG section on the website.
- Choose your category and start filling out the online forms for the PMAY G or U scheme.
- The applicants are supposed to write the correct information in the online Pradhan Mantri Awaas Yojana form.
- You can get help from the nearest CSC Center to fill up the applications for the Pradhan Mantri Awaas Yojana.
- Then, submit the Pradhan Mantri Awaas Yojana application form.
- The govt will verify the details and let you know about the status of the PMAY application form.
- After the approval, the applicants will get money in their bank account or be allotted a new house.