Imagine the situation where you are looking for your dream home! You wish for a complete home with all the premium amenities but at the same time you are also concerned about your budget, and you are also not willing to compromise in anything! Especially when it comes to your choices and requirements you want what you desire, at any cost! So what if we tell you that now you can get a perfect home that too within your budget? The government of India has come up with the Pradhan Mantri Awas Yojana (PMAY), that’ll help millions of people who are in the same dilemma of buying a budget home.
PMAY is an initiative in which affordable housing will be provided to everyone with many benefits. Under this scheme, the government will be providing an interest subsidy of 6.5% on housing loans (availed by the beneficiaries for a period of 20 years under credit link subsidy scheme (CLSS) from the start of a loan).
With this amazing scheme where you get an interest subsidy of 6.5% on housing loans now your dream will get an extra helping hand! Especially for the first time buyers, the subsidy will be a huge relief because maintaining and defining the budget is way more crucial decision to make if you are not used to it! Spending every last penny is not a smart move! Also if you are looking to buy a home as an investment, then getting this subsidy will double your investment. By availing the benefits of the Pradhan Mantri Awas Yojana scheme, anyone can afford to buy a home of their dreams now.
Don’t just sit around to find a perfect home now. Namrata Group has an array of projects all around Pune where you can find a home at an affordable price. Our homes feature prime locations, great connectivity and premium amenities! Come and have a look at our properties and book your dream home right away!
talegaon-real-estate/ smart- investment-in-talegaon/
1 reply on “How the Pradhan Mantri Awas Yojana benefits the buyer?”
Can you explain the calculation of awas yojana subsidy on 29lalkh loan at 8.4% and what is the maximum no of years I can take loan to get the subsidy. If I apply for the home loan how long will it take to apply subsidy. Is there any other benefit for women