Govt Scheme

Pradhan Mantri Awas Yojana 2023, PMAY- Rural & Urban New List

Pradhan Mantri Awas Yojana
Written by Svspawb Team

Latest Update: Pradhan Mantri Awas Yojana 2022-23

Pradhan Mantri Awas Yojana Urban List 2022-23, Apply Online for PMAY Gramin, Check pmayg nic in 2022-23 Gramin New List for West Bengal and other states wise

The list of PMAY beneficiaries in West Bengal will be finalized by December 31

December 2022: Amid reports of irregularities in PMAY, the West Bengal administration directs district magistrates to ensure that the beneficiary list is ready by December 31.

After the first state government’s verification drive, it was revealed that around 17 lakh ineligible people somehow got a place in West Bengal’s PMAY list.

In 2018, around 56 lakh beneficiaries were in the PMAY list. But after the start of the campaign, it came down to 39 lakhs. This means that 30% of the names have been deleted from the list.

In a meeting, the chief secretary of the state H.K. Dwivedi expressed concern that the names of 84% of PMAY beneficiaries are yet to reach the Navanna State Secretariat. The Center has directed the West Bengal government to submit the complete beneficiary list (excluding names of ineligibles) by December 31 to get funds under the scheme. Dwivedi also said that construction of houses under PMAY should be completed within three months of release of funds. Also, geotagging has been made mandatory during the manufacturing process.

50 beneficiaries received registry papers under PMAY in Kanpur

December 2022: KDA (Kanpur Development Authority) organized a 3-day event in memory of former Prime Minister Late Shri Atal Bihari Vajpayee. The event was held from December 23 to December 25 under the supervision of KDA Vice President Arvind Singh.

On the first day of the programme, officials provided flat registry papers to around 50 beneficiaries of PMAY (Pradhan Mantri Awas Yojana). These flats are located in Ram Ganga Enclave in Mahaveer Nagar Scheme.

On the second day i.e. December 24, Kanpur Development Authority officials gave benefits to ex-servicemen serving in KDA after retirement and issued 45 transfer letters.

Many beneficiaries are happy to receive the registry papers during the event. PMAY beneficiary Sunita Nishad said, “I am very happy today as my dream home has come true. Now we’ve a roof over our heads.”

The central government has allotted over 18,000 houses for Uttarakhand under PMAY

In a recent development, the central government has allotted over 18,000 houses under the Pradhan Mantri Awas Yojana (PMAY). Aiming to provide affordable housing solutions in remote areas of the hill state, the central government has sanctioned around 18,602 houses for Uttarakhand.

Although the state has made progress in providing affordable housing to its citizens, it has a long way to go to provide affordable housing in remote villages.

The central government is likely to allocate over Rs 28,000 crore for rural housing projects in the financial year 2022-23. In situations where the rural economy is grappling with difficulties arising from the Corona period, social spending will boost the local economy.

Launched in 2015, the Pradhan Mantri Awas Yojana (PMAY) is a scheme of the Government of India that aims to provide affordable housing to every poor. The PMAY scheme aims to build around 20 million affordable houses by 31 March 2022. Pradhan Mantri Awas Yojana Grameen (PMAY-G) has been extended till 2024. The total target of pucca houses has also been revised to 2.95 crore houses.

Since its launch, PMAY has brought about a sea change in the entire real estate market by reducing the cost of buying a home for the urban poor. If you want to build your house under Pradhan Mantri Awas Yojana scheme, then you must know about PMAY (Pradhan Mantri Awas Yojana) scheme.

We have covered PMAY eligibility criteria and parameters, subsidy calculation, how to apply for PMAY online/offline and all other information you want to know about PMAY Housing Scheme 2022 in this blog. Let us first know the benefits of Pradhan Mantri Awas Yojana or PMAY-

Benefits of PMAY (Pradhan Mantri Awas Yojana) 2023

Pradhan Mantri Awas Yojana was launched to bridge the growing gap between demand and supply of housing in urban areas. Check out the main objectives of the scheme:

  • Slum rehabilitation with the help of private developers.
  • Promotion of affordable housing for the poor through credit linked subsidy schemes.
  • Construction of affordable houses in public and private sector partnership.
  • Subsidy for construction of private houses.

Pradhan Mantri Awas Yojana Eligibility 2023 (PMAY Eligibility)

The Ministry of Housing and Urban Poverty Alleviation has defined the beneficiaries of the PMAY scheme as follows:

  • Beneficiary can be husband, wife and unmarried daughter/son.
  • The beneficiary should not have a pucca house, which means there should not be a house in his name or in the name of any other family member in the whole of India.
  • Any adult, married or not, may be considered a separate family altogether.

Beneficiaries of PMAY Scheme 2023

Beneficiaries under PMAY scheme mainly include the following categories-

  • Middle Income Group (MIG I) whose annual income is between Rs 6-12 lakhs
  • Middle Income Group (MIG II) whose annual income is between 12-18 lakh rupees
  • Low Income Groups (LIGs) whose annual income is between Rs 3-6 lakhs
  • Economically Weaker Section (EWS) whose annual income is up to Rs 3 lakh.

While LIG and MIG beneficiaries are only eligible for credit linked subsidy scheme under Pradhan Mantri Awas Yojana, EWS beneficiaries are eligible for full assistance. It is important for the applicant to provide an affidavit in support of proof of income to become a LIG or EWS beneficiary under the scheme.

Pradhan Mantri Awas Yojana Eligibility Criteria

Description

EWS

LIG

MIG I

MIG II

Total income

Up to Rs- 3 Lakh

Rs- 3 -6 Lakh

Rs- 6 -12 Lakh

Rs- 12 -18 Lakh

Maximum Loan Tenure

20 Years

20 Years

20 Years

20 Years

Maximum Dwelling Unit Carpet Area

30 Square Meters

60 Square Meters

160 Square Meters

200 Square Meters

Maximum Loan Amount Sanctioned for Subsidy

6 Lakh Rupees

6 Lakh Rupees

9 Lakh Rupees

12 Lakh Rupees

Subsidy

6.50%

6.50%

4.00%

3.00%

Net Present Value (NPV) of interest subsidy for calculation of discount rate (%)

9.00%

9.00%

9.00%

9.00%

Maximum Interest Subvention Amount

Rs- 2,67,280

Rs- 2,67,280

Rs-2,35,068

Rs- 2,30,156

How does the Pradhan Mantri Awas Yojana (Pradhan Mantri Awas Yojana 2023-24) work?
An example to understand properly:

Let’s say you fall into the MIG-II category (ie your total family income is between Rs 12-18 lakhs). You are thinking of buying a house for Rs 50 lakh. Your minimum down payment will be 20%, i.e. Rs 10 lakh, and you can repay the loan of Rs 40 lakh.

However, under PMAY 2022, MIG-2 category applicants are eligible for 3% subsidy on loans up to Rs 12 lakh. So, for the remaining Rs 28 lakh loan, you have to pay the regular (non-subsidized) interest rate to the lender.

Pradhan Mantri Awas Yojana Subsidy Calculation

As seen from the table above, the subsidy you are eligible for is around Rs 2.3 lakh. So, from the loan amount of Rs.12 lakh, your subsidy of Rs.2.3 lakh will be deducted and you will pay EMI on the remaining amount of Rs.9.7 lakh. In other words, the subsidy is already credited to the beneficiaries account, thereby reducing the effective house construction amount and EMI amount.

What are the main components of Pradhan Mantri Awas Yojana 2023?

In order to benefit more people from this scheme, the government has made the following four components based on their income, economic status and land availability.

1. PMAY – CLSS (Credit Linked Subsidy Scheme)

Lack of finance and low availability of affordable houses are the major reasons for shortage of housing availability in India. To tackle this problem, the government introduced the Credit Linked Subsidy Scheme (CLSS) under the Pradhan Mantri Awas Yojana to realize the need to subsidize home loans, so that the urban poor can build or buy their own houses.

The table explains what is covered under the CLSS scheme.

Type Purpose of Loan Household Income (Rs) Subsidized Interest Max Carpet Area Legality Maximum Interest Subvention Amount Female Ownership
EWS & LIG Construction
Expansion
Purchase
Up to Rs- 6 lakh 6.50% 60 Square Meters 2022 Rupees 2.67 lakh Yes
MIG -1 Construction
Purchase
Rs- 6-12 Lakh 4.00% 160 Square Meters 2019 Rupees 2.35 lakh No
MIG -2 Construction
Purchase
Rs- 12-18 Lakh 3.00% 200 Square Meters 219 Rupees 2.30 lakh No

2. In-Situ Slum Redevelopment (ISSR)- PMAY

In-situ redevelopment plan aims to rehabilitate slums in collaboration with non-governmental organizations by providing houses to people living in disadvantaged situations using land as a resource. While the respective states or union territories will decide the beneficiary contribution, the house price will be fixed by the central government.

Under this project:

  • Under this scheme, financial assistance of Rs 1 lakh will be given to eligible slum dwellers for construction of houses.
  • Private investors will be selected through a bidding process (whoever offers the best price for the project).
  • Temporary accommodation will be provided to slum dwellers during construction.

3. Affordable Housing in Partnership (AHP) – Pradhan Mantri Awas Yojana 2023

The objective of the scheme is to provide assistance up to Rs 1.5 lakh from the central government to the families coming under EWS and to build a house. States / Union Territories may collaborate with private organizations or institutions for such projects

Under this project:

  • States / Union Territories will fix a higher price limit for houses offered to buyers under EWS
  • Carpet area is considered while pricing manufactured homes to make them affordable.
  • There will be no profit limit on houses constructed by States / Union Territories without the participation of private parties.
  • In case of private developers, States/UTs will determine the sale price using a transparent method based on Centre/State/ULB incentives.
  • Central Government grant will be available only for those housing projects where 35% of the total number of houses constructed are for EWS.

4. Beneficiary Led Construction / Extension of Private Houses (BLC)- Pradhan Mantri Awas Yojana 2023

This scheme is for those families coming under EWS who could not take advantage of the previous three schemes (CLSS, ISSR, and AHP). Such beneficiaries can avail financial assistance of up to Rs 1.5 lakh from the central government for construction or renovation of an existing house.

Under this project:

  • The central government will provide assistance ranging from Rs 70,000 to Rs 1.20 lakh in plain areas and Rs 75,000 to Rs 1.30 lakh in hilly and remote areas.
  • Providing personal and other identification documents (relating to land ownership) is mandatory under local bodies (ULB).
  • Residents of other slums that have not been rehabilitated can avail this policy if they have a kachcha or semi-pucca house.
  • The state will develop a program to monitor construction progress using geo-tagged images.

How to apply online for PMAY 2023 at pmaymis.gov.in?

You can apply for PMAY scheme both online and offline.

Follow the given steps for Pradhan Mantri Awas Yojana Gramin Online Application-

The steps given below will help people to get subsidy on their home loan under PMAY scheme. The procedure to apply online for PMAY is mentioned below-

Step 1: Go to the official website of PMAY by searching on Google.

Step 2: Click on Citizen Assessment option under menu tab.

Step 3: Applicant will enter his Aadhaar card.

Step 4: Once the Aadhaar number is entered, the application page will open.

Step 5: PMAY applicant has to enter all necessary details on this page including income details, personal details, bank account details and other necessary information.

Step 6: PMAY applicants need to double check all information before submitting.

Step 7: As soon as he clicks on ‘Save’ option he will get a unique application number.

Step 8: You need to download the filled application form.

Step 9: Finally, the individual can submit the form to his nearest CSC office or to the financial institution/bank that offered his home loan. He has to submit all the required documents along with the form.

PMAY Beneficiary New List 2023-24: How to Find Your Name in Pradhan Mantri Awas Yojana pmayg nic in 2023-24 News List?

Government publishes annual list of beneficiaries based on SECC 2011 data. To see your name in Pradhan Mantri Gramin Awas Yojana list, take the following steps:

  • Visit the PMAY Beneficiary List website
  • Enter your registration number.
  • Click on ‘Submit’ to view the status.
  • Pradhan Mantri Awas Yojana – One of the most important rural development schemes launched by the rural government. If you want to get a house under this scheme and if you are eligible then definitely check the annual beneficiary list.

How to Check Pradhan Mantri Awas Yojana Application Status?

You can take the following steps to check the status of your Pradhan Mantri Awas Yojana application:

Visit the PMAY Track Assessment website.

Track status in either of two ways: 1. Enter your name, your father’s name and mobile number. 2. Enter your assessment ID and mobile number.

PMAY Official Website

Official website of PMAY (https://pmaymis.gov.in/)

How to Apply Offline for PMAY 2023?

If you want to apply offline for Pradhan Mantri Awas Yojana (PMAY), you can visit any CSC office to collect the application form. Fill the PMAY application form and submit it along with other required documents.

Documents required for Pradhan Mantri Awas Yojana

To apply for PMAY scheme you will need the following documents:

  • Consent to use of Aadhaar data
  • An affidavit that you (or your family members) do not have a permanent home
  • Identity proof like Aadhaar Card or Voter ID
  • Bank account statement
  • Swachh Bharat Mission Registration No
  • Job Card Number – Registered under MGNREGA (Optional)

Bank List of Pradhan Mantri Awas Yojana

You can avail concessional loan under Pradhan Mantri Awas Yojana from any Scheduled Commercial Bank, Housing Finance Company, State Cooperative Bank, Urban Cooperative Bank, Regional Gramin Bank or any other organization identified by MoHUA.

Pradhan Mantri Awas Yojana (PMAY) – some special things

In short, the Pradhan Mantri Awas Yojana or PMAY scheme has helped millions of Indians realize their dream of owning a home. Using PMAY List and PMAY Beneficiary Status online, they can know the PMAY status of their home. PMAY Beneficiary List is published by the Government so that citizens can easily check their name in PMAY Beneficiary List online.

FAQ

How can I check PMAY List 2023-24?

1. Visit the official website of PMAY for PMAY Beneficiary List. On the website, select Request by Name from the 'Select Beneficiary' download box. 2. Enter your Aadhaar card number. 3. If this Aadhaar number is in the list, you can see the beneficiaries.

How can I check my PMAY status online?

1. Visit the official website of PMAY. 2. Select 'Citizen Assessment' from the menu. 3. Select 'Track your assessment status'. 4. Select a search option: Name, Father's Name, ID Type, or Assessment ID. 5. Enter Mobile Number, State, City, District, Father's Name, ID Type, ID Number. 6. By entering assessment id and cellphone number, you can check PMAY application status.

How is PMAY subsidy accrued?

If you are eligible for Pradhan Mantri Awas Yojana and apply, get PMAY subsidy from Bank National Housing Bank. After confirmation, the subsidy is disbursed to the requesters bank. The money is then transferred to the loan account.

What is the last date of PMAY scheme 2023-24?

Last date to apply for Pradhan Mantri Awas Yojana is March 31, 2023.

Who is eligible for PMAY scheme?

Families with an annual income of Rs- 3 to 18 Lakh, The applicant or any other family member should not have a permanent home in any part of the country. You can check complete details on PMAY Eligibility Criteria.

I have an empty plot. Am I eligible for PMAY?

Yes, you can be covered under subsidy for beneficiary driven private housing scheme.

How does the government provide subsidy under PMAY?

Subsidy is directly credited to the beneficiary's bank account through the States / Union Territories.

What if house construction stops even after release of PMAY subsidy?

In such cases, the beneficiaries have to return the PMAY subsidy to the government.

What is the application fee for PMAY?

If you apply offline at CSC center, you will have to pay Rs.25. Application Fee and Service Tax Rs. If you apply online then you don't have to pay any application fee.

About the author

Svspawb Team

Leave a Comment