All Posts in Tag: PMAY

Budget Push for Affordable Housing

Budget Push for Affordable Housing

Genuine beneficiaries and end users are now getting their dwelling units under the government’s programme ‘Housing for all by 2022’. If excess government held land is freed up for this purpose and the private sector is involved in the government’s agenda through incentives, success is assured —Ankit Sharma In her recent Union Budget 2019-20 speech,…

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Real estate relief Indian millennials taking to affordable housing, say experts

Real estate relief: Indian Millennials Taking to Affordable Housing, Say Experts

With this scheme, homebuyers are actually getting attracted to the affordable housing segment – the engagement is high as the financial burden is not prohibitively expensive. Affordable housing is increasingly engaging with Indian millennials. Their move towards buying a home is due to the PMAY scheme and the reason is that it is putting less…

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All you need to know about PMAY

All You need to Know about PMAY

Launched in June 2015, Pradhan Mantri Awas Yojana (PMAY) aims to fuel the concept of ‘housing for all’. Brought to action by the Narendra Modi government, this scheme proposes to build 2 crore houses by 2022 for the urban and rural population of India. The policy is meant to promote affordable housing for those belonging…

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