Buying affordable flats in Ghaziabad is so easy these days; Thanks to the PMAY subsidy. Haven’t heard about it? Here’s everything you need to know –
There are many families in the country, who, due to lack of enough funds fail to purchase a home of their own. Hence, they end up living in a rented home, compromising their desires and needs. This is why the government launched PMAY, which is an ambitious initiative or housing scheme focusing on providing pocket-friendly homes to low and middle income group of individuals.
The housing scheme also offers interest subsidy on home loans, which is why people prefer to buy flats Under PMAY in Ghaziabad. However, you must check your eligibility to apply for homes under this scheme.
The eligibility criteria says –
- The family of the beneficiary should not own a house registered in his or her name.
- Both or any one of the partners in a married couple are eligible for a single subsidy in joint ownership.
- The family of the beneficiary should not have availed any benefit or assistance under Indian government housing scheme.
According to the interest subsidy slabs –
- A buyer gets 6.5% interest subsidy for a period of maximum 15 years on loan amount of 6 lacs.
- A buyer gets 4% interest subsidy for a period of maximum 20 years on loan amount of 9 lacs.
- A buyer gets 3% interest subsidy for a period of maximum 20 years on loan amount of 18 lacs.
- Maximum amount of subsidy is 2.67 lacs.
Now when you are aware of the scheme, you must check out the housing projects, which are a part of this scheme. If you research online, you will find that there are several housing projects in the market, like LandCraft MetroHomes that is a part of this housing scheme and stand true to everything that has been committed to the buyers.
Apart from offering all the benefits of the scheme, LMH (LandCraft MetroHomes) offers comfortable living options to the buyers. This implies that the flats here offer easy accessibility to all types of amenities and facilities that the modern man desires for. Also, being strategically placed at NH 58, these flats give you smooth connectivity to Delhi, Noida and various other major cities.
Simply put, LMH offers you the following –
- Earthquake resistant structure
- Proximity to eastern peripheral expressway
- Additional study room
- Well ventilated rooms
- Greener environment
- Metro connectivity
This is not the end; there’s more to LMH which makes it a perfect destination for home buyers in Ghaziabad. So, do not just keep waiting anymore. Get started right away..!!