Suraksha Group Unveils PMAY Allotment for Suraksha Smart City

17 Apr 2024 CW Team

Real estate developer Suraksha Group has announced the allotment under the Pradhan Mantri Awas Yojana (PMAY) scheme for their project Suraksha Smart City located at Vasai East. This move aims to provide budget-friendly housing solutions to a wider population segment.

Suraksha Smart City offers a limited inventory of apartments within walking distance from Vasai Railway Station, making homeownership accessible to many. With prices starting at Rs 19,99,999 (after a direct government subsidy of Rs 2.5 lakh) plus statutory charges, these apartments cater to households with an annual income of up to Rs 6 lakh.

Jash Panchamia, management at Suraksha Group, expressed the company's commitment to enhancing living standards for all through Suraksha Smart City. He emphasized the project's alignment with the Government of India's vision, stating that besides subsidy benefits, PMAY apartments at Suraksha Smart City offer spacious, well-designed homes with all lifestyle amenities.

The strategic location of Suraksha Smart City within the Mumbai Metropolitan Region (MMR) ensures excellent connectivity to various infrastructure and transportation networks, further enhancing its appeal to homebuyers.

Under the PMAY scheme, eligible buyers will benefit from a direct government subsidy of Rs 2,50,000 along with a Rs 1,000 reduction in stamp duty, empowering them with affordable homeownership opportunities.

The unveiling of PMAY allotment at Suraksha Smart City reflects the mutual goal of the Government of India and Suraksha Group to provide quality housing solutions and empower citizens with the pride of homeownership.

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