The Housing for All scheme (PMAY) is basically an initiative aimed at providing houses to all those who do not have their own homes and are struggling to get a stable income. The main motive behind launching this program is to offer affordable housing schemes to the underprivileged/ weaker sections of society. The Pradhan Mantri Awas Yojana Ahmedabad scheme has been in place for the past two years and has proven to be useful for those who have availed the benefits of it till date.
Pradhan Mantri Awas Yojana Ahmedabad – A Brief Overview
Fortunately, Ahmedabad in Gujarat has been chosen as one of the districts where PMAY has been implemented to build around 2 lakh affordable homes in the city for the urban poor population residing in the city.
Till January 2017, close to 4369 projects have been given final approval by the AMC (Ahmedabad Municipal Corporation) and AUDA (Ahmedabad Urban Development Authority), which are jointly working to make it affordable for the candidates to bear the costs and avail the benefits.
The Prime Components of the PMAY Scheme in Ahmedabad
The PMAY scheme includes people belonging to varied salaried sections of the society, including EWS who have an annual income up to INR 3 lakhs and LIG who have annual income up to INR 6 lakhs and MIG. To understand the urban poor category in a better way, it has further been categorised into four main components:-
ISSR (Insitu Slum Rehabilitation Component)
This is mainly focusing on those individuals who dwell in the slum areas. In such cases, up to INR 1 lakh grant will be provided per housing unit and the state government will be partnering up with the local bodies to accomplish the housing project.
BLC (Beneficiary Led Construction)
Under this, those individuals who already possess a house or land and are willing to enhance their building construction are covered. Up to INR 1.5 lakhs would be provided to the beneficiaries in this component.
CLSS (Credit Linked Subsidy Scheme)
Those people who are willing to purchase a house by availing home loans fall under this category. INR 2.6 lakhs of subsidy is offered to the beneficiaries who are planning to avail a housing loan in order to purchase their new home
AHP (Affordable Housing in Partnership)
This majorly covers those applicants who do not own a home and also are not in a position to avail a housing loan to own a home. The central government offers up to INR 1.5 lakhs in this scheme to aid the beneficiaries in the process of purchasing their homes.
Before availing the loan, the candidate has should know that he should not possess a house in any other part of the country. During the application process, the applicant has to provide an affidavit, which confirms the same. In order to be eligible for the benefit, the beneficiary has to confirm that prior to this they haven’t taken any central assistance in any housing-related scheme.