NMC receives 72,013 applications under Pradhan Mantri Awas Yojana

Source: The Hitavada      Date: 06 Jan 2019 10:16:49


Staff Reporter,

Nagpur Municipal Corporation (NMC) has received 72,013 online applications under the Pradhan Mantri Awas Yojana (PMAY) in which 41,478 applications got considered this year, said Abhijit Bangar, Municipal Commissioner in a press conference held at NMC Premises on Saturday.  He also informed that 52,858 applications received on the Government portal. The Mission will be implemented through four verticals giving option to beneficiaries, Urban Local Bodies and State Governments. The four verticals are Slum Redevelopment; Affordable Housing Through Credit Linked Subsidy; Affordable Housing in Partnership and Subsidy for beneficiary-led individual house construction. NMC received 17,171 applications under first vertical; 13,390 under second vertical, 37,323 applications under third and 26,181 applications under fourth vertical on both NMC and Government portal so far, informed Bangar in the press conference.


CREDAI, NMC to host Property Expo from Jan 25 to 27
Nagpur Municipal Corporation (NMC) and Confederation of Real Estate Developers Association of India (CREDAI) are jointly organising ‘Affordable Housing Property Expo’ from January 25 to 27 at NMC premises in Civil Lines.  The expo will mainly focus on the people belonging to the Economical Weaker Section (EWS) and Low Income Group (LIG). The expo will give a wide choice of homes for the first buyers as they will get options of projects by different builders.

Buyers will also get assistance regarding the home loans from various leading banks and financial institutions at the expo. PMAY was launched by Prime Minister Narendra Modi in 2015 with an aim that every family shall have their own home. It will be a great opportunity for the buyers to know about the project. The expo will have 30 stalls where builders will showcase properties from different locations and financial institutions will provide details on PMAY subsidy and home loans. NMC will also have their informative stalls, where visitors will get details about the PMAY.