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PMAY CARPET AREA
Maharashtra mandates beneficiary linkage for PMAY (Urban) 2.0 projects with higher EWS pricesThe revised norms, issued on January 23, follow a review of detailed project reports (DPRs) submitted under PMAY (Urban) 2.0, which reveale...
Budget 2024 proposals: Revamped PM Awas Yojana, affordable housing, increased income tax deduction for homebuyersBudget 2024: Homebuyers and the real estate sector want significant growth-oriented measures from Finance Minister Nirmala Sitharaman in Bu...
PM Modi hands over 15,000 homes under largest affordable housing projectPrime Minister Narendra Modi handed over 15,024 homes to economically weaker sections in Maharashtra's Solapur district, as part of the wor...
What is PMAY? 10 important FAQs about Pradhan Mantri Awaas Yojana schemeThe deadline for the affordable housing Credit Linked Subsidy Scheme (CLSS) has been extended until March 2021. Earlier, the deadline for C...
Affordable housing homebuyers not aware of the benefits, says new surveyThe awareness survey, which included over 1,000 affordable housing loan customers, found that there is a lot of confusion about whether wom...
All about PMAY: How does it work, eligibility and subsidy availableHere we break down important details like who all can apply, how much the subsidy in rupee terms is and how the subsidy impacts the loan am...
Budget 2019: Government to continue with its thrust for affordable housingThe FM said that several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do not address less...
How to take home loan under PMAYTo apply for a loan under PMAY, the annual income for MIG I should be below Rs 12 lakh and for MIG II it should be between Rs 12 lakh and R...
Cabinet okays increase in carpet area of houses under PMAY: Should you go for it?For MIG I, the existing carpet area of 120 sq mt will be increased to 160 sq mt and instead of 150 sq mt for MIG II category, it will now b...
Even urbanites will be able to get a house via the Pradhan Mantri Awas Yojana: Find out howRead on to find out who all are eligible, what's new in the scheme, how much can be availed and from where to get the loan.
Modi’s affordable housing push has just lifted outlook of HFCsEight different models have been proposed under two schemes with central assistance
PMAY: Carpet area hike to push home sales in smaller citiesThe carpet areas were earlier fixed at 120 sqmt for MIG-I and 150 sq meter for MIG-II.
Bigger houses to get interest subsidy under PM’s schemeThe housing ministry on Tuesday increased the carpet area of houses eligible for interest benefit under the PM Awas Yojna for the middle-in...
Priority sector lending limit hike may boost sale of budget homesRBI has revised the housing loan limit for PSL to Rs. 35 lakh from Rs. 28 lakh in metros with a population of 10 lakh and above and to Rs. ...
Indians looking for bigger, better homes: Magicbricks surveyThe survey also revealed a positive shift in pent-up demand for larger houses in the affordable housing category.
Realty Queries: PMAY changes give boost to affordable housingAnuj Puri Chairman, Anarock Property Consultants answers queries from our readers on real estate.
Govt approves carpet area increase for houses under PMAY Credit SubsidyUnder the MIG-I category, the carpet area is enhanced to 120 sq.mtr and for MIG-II, it has been increased to 150 sq.mtr from the current 11...
Hike in carpet area to help middle income buyers: RealtorsUnder the MIG-I category, a 4 per cent interest subsidy is provided to the beneficiaries, whose annual income is between Rs 6-12 lakh, on a...
Re-financing of loans to boost affordable housing: JLL IndiaExtension of tenure of loans under CLSS was increased to 20 years, and the Budget also increased allocation to PMAY from Rs 15,000 cr to Rs...
Tax exemptions withdrawn from host of services"The monetary limit for launching prosecution is being increased from Rs 1 crore to Rs 2 crore of Service Tax evasion," said the Bill table...