+
Haryana cabinet approves scheme to provide affordable housing
Real Estate

Haryana cabinet approves scheme to provide affordable housing

According to an official statement, the Haryana Cabinet approved the 'Mukhya Mantri Shehri Awas Yojana' on Friday, aiming to provide affordable housing to the economically weaker sections (EWS) of society. The decision was made during a state Cabinet meeting chaired by Chief Minister Nayab Singh Saini. The scheme intends to offer housing facilities to poor families residing in urban areas who either do not possess their own house or currently live in 'kutcha houses'.

Initially, the scheme targets providing housing to 1 lakh economically weaker families. Eligibility criteria include an annual family income of up to Rs 1.80 lakh as per the 'Parivar Pehchan Patra' and absence of ownership of a 'pucca' house in any urban area of Haryana.

As per the statement, eligible families will receive a 30 square yard plot to construct their own 'pucca' houses. The state government, through the Department of Housing for All, will allocate the necessary land. The scheme will integrate with the beneficiary-led construction (BLC) vertical of the Pradhan Mantri Awas Yojana-Urban (PMAY-U).

The initiative specifically targets families identified through demand surveys conducted via the Department of Housing For All's web portal from September 13, 2023, to October 19, 2023, and January 5, 2024, to January 19, 2024. Last year, approximately 2.89 lakh applicants registered their demand for flats or plots online, with preferences split between plots and flats.

Under the beneficiary-led construction vertical of PMAY-U, beneficiaries are entitled to construct duplex flats with carpet areas ranging from 350 square feet to 425 square feet on the allotted plots, following standard designs. Financial assistance up to Rs 1.5 lakh per beneficiary will facilitate house construction, supplemented by subsidies, loans, and interest subvention schemes.

The state government will provide interest subvention on EMIs for beneficiaries securing housing loans up to Rs 6 lakh from nationalized banks or housing finance companies. Interest will be fully covered for the first two years, up to Rs 35,000 in the third year, up to Rs 25,000 in the fourth year, and up to Rs 10,000 in the fifth year. Additional benefits include waived charges for building approval, development, betterment levy, nominal registration fees of Rs 500 for plot conveyance deeds, and waived charges for water and sewerage connections at the time of application.

In addition to the urban housing scheme, the Haryana government also decided to implement the 'Mukhya Mantri Gramin Awas Yojana' (MMGAY) to ensure all rural residents have access to affordable and habitable dwelling units. MMGAY aims to provide financial assistance of up to Rs 1 lakh or the actual plot price, whichever is lower, for the purchase of residential plots up to 100 square yards for those who did not receive plots under the Mahatma Gandhi Gramin Basti Yojana (MGGBY).

The Rural Development Department will provide the beneficiary list under MGGBY to identify individuals who have not received possession of plots in the last 15 years, thus qualifying them for MMGAY. This scheme will be implemented during the fiscal years 2024-25 and 2025-26, promoting sustainable development and vibrant rural communities.

According to an official statement, the Haryana Cabinet approved the 'Mukhya Mantri Shehri Awas Yojana' on Friday, aiming to provide affordable housing to the economically weaker sections (EWS) of society. The decision was made during a state Cabinet meeting chaired by Chief Minister Nayab Singh Saini. The scheme intends to offer housing facilities to poor families residing in urban areas who either do not possess their own house or currently live in 'kutcha houses'. Initially, the scheme targets providing housing to 1 lakh economically weaker families. Eligibility criteria include an annual family income of up to Rs 1.80 lakh as per the 'Parivar Pehchan Patra' and absence of ownership of a 'pucca' house in any urban area of Haryana. As per the statement, eligible families will receive a 30 square yard plot to construct their own 'pucca' houses. The state government, through the Department of Housing for All, will allocate the necessary land. The scheme will integrate with the beneficiary-led construction (BLC) vertical of the Pradhan Mantri Awas Yojana-Urban (PMAY-U). The initiative specifically targets families identified through demand surveys conducted via the Department of Housing For All's web portal from September 13, 2023, to October 19, 2023, and January 5, 2024, to January 19, 2024. Last year, approximately 2.89 lakh applicants registered their demand for flats or plots online, with preferences split between plots and flats. Under the beneficiary-led construction vertical of PMAY-U, beneficiaries are entitled to construct duplex flats with carpet areas ranging from 350 square feet to 425 square feet on the allotted plots, following standard designs. Financial assistance up to Rs 1.5 lakh per beneficiary will facilitate house construction, supplemented by subsidies, loans, and interest subvention schemes. The state government will provide interest subvention on EMIs for beneficiaries securing housing loans up to Rs 6 lakh from nationalized banks or housing finance companies. Interest will be fully covered for the first two years, up to Rs 35,000 in the third year, up to Rs 25,000 in the fourth year, and up to Rs 10,000 in the fifth year. Additional benefits include waived charges for building approval, development, betterment levy, nominal registration fees of Rs 500 for plot conveyance deeds, and waived charges for water and sewerage connections at the time of application. In addition to the urban housing scheme, the Haryana government also decided to implement the 'Mukhya Mantri Gramin Awas Yojana' (MMGAY) to ensure all rural residents have access to affordable and habitable dwelling units. MMGAY aims to provide financial assistance of up to Rs 1 lakh or the actual plot price, whichever is lower, for the purchase of residential plots up to 100 square yards for those who did not receive plots under the Mahatma Gandhi Gramin Basti Yojana (MGGBY). The Rural Development Department will provide the beneficiary list under MGGBY to identify individuals who have not received possession of plots in the last 15 years, thus qualifying them for MMGAY. This scheme will be implemented during the fiscal years 2024-25 and 2025-26, promoting sustainable development and vibrant rural communities.

Related Stories

Gold Stories

Next Story
Equipment

Radialisation is becoming increasingly important: Amit Tolani, CEAT

In a conversation with Ashlin Rajan, Amit Tolani, CEO, CEAT Specialty, discusses CEAT’s expanding off-highway tyre portfolio through Camso, the shift towards radialisation and the growing demands on construction equipment. He also shares insights into the company’s investments in automation, digitalisation, AI and sustainable manufacturing, as well as its plans to build more efficient and connected production capabilities. With Camso giving CEAT access to premium construction, agriculture, material-handling tyre and track segments, where do you see the biggest growth opportunity over ..

Next Story
Real Estate

MICL, Godrej Properties partner for Marine Lines project

Man Infraconstruction (MICL) has partnered with Godrej Properties Group for the development of a sea-facing residential project at Marine Lines in South Mumbai. The project has an estimated overall revenue potential of more than Rs 60 billion.Under the transaction, MICL, which was earlier the Development Manager for the project, has partnered with Godrej Properties for its development. The development rights jointly held by MICL and Shreepati Group have been transferred to Godrej Properties. MICL will continue to participate in the project through an agreed revenue-sharing arrangement.Spread a..

Next Story
Resources

Bharat Bijlee appoints Khushru Vakharia as MTM Vice President

Bharat Bijlee has appointed Khushru Vakharia as Vice President of its Magnet Technology Machines (MTM) Division, effective August 31, 2026. He succeeds R Rajaraman, who has retired as Division Head.The MTM Division is part of Bharat Bijlee’s Industrial Systems business and provides permanent magnet technology solutions, including the GreenStar range of gearless elevator machines for customers in India and international markets.Vakharia has more than 35 years of experience with Bharat Bijlee across manufacturing, strategic planning, operational procurement, plant engineering, quality assuranc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code