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.

Next Story
Resources

ULCCS Showcases Cooperative Model at UN Symposium

Uralungal Labour Contract Co-operative Society (ULCCS) showcased its community-led development model at the United Nations Headquarters in New York, where it participated as a panellist at the International Symposium on Cooperative Financial Institutions held on 28–29 May 2026.Jointly organised by the United Nations Department of Economic and Social Affairs (UN DESA), the International Cooperative Banking Association (ICBA), and the International Cooperative Alliance (ICA), the symposium was held under the theme ‘Fuelling Inclusive and Equitable Growth’ and brought together policymakers,..

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement