NTR Housing Scheme: Affordable Housing for All

Are you looking for a way to invest in your future and take advantage of the NTR housing scheme in Andhra Pradesh? If so, you must check out the NTR housing scheme—a government-sponsored scheme that provides assistance for people who want to buy or build their own homes.

The scheme has been very successful so far and has helped many people realize their dream of owning their own homes. So, if you consider availing of the scheme, here is everything you need to know about it.

What Is the NTR Housing Scheme of Andra Pradesh?

The NTR Housing Scheme is an aspect of PMAY, another scheme that aims to provide affordable housing to urban and rural citizens in India. The poor and homeless residents of Andhra Pradesh will have permanent housing thanks to the NTR Housing Scheme. The plan will result in the construction of about 1.90 Lac homes.

This scheme is divided into two distinct parts

1. PMAY NTR Gramin, targeting those from rural areas 
2. and PMAY NTR Urban Beneficiary Led Construction which focuses on providing aid to citizens in cities. 

In addition to the financial assistance, the scheme also provides various other benefits such as subsidies on stamp duty and registration charges and exemption from income tax on the interest paid on the loan amount.
Read: Retirement Living Homes in India For 2024

The scheme has been instrumental in helping many families achieve their dream of owning a home. With its many benefits, it is no wonder that the NTR housing scheme is so popular in Andhra Pradesh.

Objectives of the NTR Housing Scheme

The NTR housing scheme aims for

• Make affordable, permanent housing options available to those experiencing homelessness in both urban and rural regions. 
• Cost-effective remodelling opportunities for already existing homes.

Eligibility Criteria for NTR Housing Scheme

To be eligible for the NTR housing scheme the applicant must–

1. be a resident of Andhra Pradesh.
2. possess a White Ration Card or BPL (Below Poverty Line) card. 
3. not have received land or houses from other government housing schemes. 

Registration for the NTR Housing Scheme

The local government conducts regular surveys to identify beneficiaries and provides online registration through the Pradhan Mantri Awas Yojana website. 

By selecting the NTR housing loan, individuals are entitled to various subsidies offered by the AP government. 

Families in the SC/ST category are also entitled to a subsidy of Rs. 1.65 lakhs, while families in other categories receive Rs. 1.16 lakh. The Andhra Pradesh Chief Minister made this announcement.

How to Apply for NTR Housing Scheme?

Here, is a step-by-step guide on how to apply for the NTR Housing scheme. You can do it either using the online portal or offline manner. 

However, if you are filling it out offline, you will need to submit the form at your nearest NTR office with the required documentation and fees.

If you want to fill it out online, go to the website of the NTR housing plan. The procedure is outlined below.

1. Visit the Pradhan Mantri Awas Yojana website and log in.
2. Click on Citizen Assessment and choose the best one that relates to you from: 

• For Slum Dwellers 
• or Benefits under three components

3. Fill in your Aadhaar details and press Enter.
4. The “application form” page will be displayed. 
5. Fill out the Application form, and submit it.
6. Enter the correct captcha code and select the “Save” option.

After this, a thorough review of your application will be performed. You’ll receive an email notification when your application is accepted.
Read: Home Buying Process in India: Types of Properties and Home Loan

Documents Required to Apply for NTR Housing Scheme

Here are the documents that you need to apply for the NTR housing scheme in Andhra Pradesh–

1. A duly filled application form

Make sure each and every piece of information filled in the form is correct and accurate.

2. Identification proof 

The most common form of identification is a driver’s licence, but other acceptable forms include a passport, state ID, or military ID and a recent passport-sized photograph.. If you do not have any of these forms of identification, you can obtain a certified copy of your birth certificate from the county clerk’s office.

3. Income proof 

Submitting an income report is a requirement for the application process. Along with it, information about the applicant’s job, the number of members who work and are dependent on them, and evidence of their ages must be included.

4. Residence proof 

This can be in the form of a utility bill, bank statement, or other official correspondence that is addressed to you at your current residence. The document must be dated within the last three months. If you do not have any of these documents, you may be able to provide a letter from your landlord or another adult who lives at your address confirming that you live there.
Read: How To Apply for Government Quarters Through E-Awas Mumbai

5. Existing House details 

In this document, applicants must specify the details of the desired home, such as size, number of bedrooms and desired floor. The government attempts to comply with these preferences to the best of its ability.

6. Other Documents

It is imperative to submit certificates and documents attesting to one’s BPL status, religion, and caste.

Once you have gathered all the required documents, you can proceed with your application by submitting them to the concerned authorities.

Subsidy Rates for Beneficiaries Under NTR Housing Scheme

The NTR Housing Loan is a loan offered by the AP government that gives people special subsidies. 

• People who live in rural areas will get 1.5 lakhs as a subsidy. 
• People who are from SC/ST backgrounds will get an extra 50,000 on top of the 1.5 lakhs.
• People who live in cities or towns will get a special subsidy of 2.5 lakh rupees from the NTR Housing program. This subsidy is more than people living in rural areas get.

House Prices within The NTR Housing Scheme Accessibility 

The price of homes under the NTR housing schemes varies depending on the configuration and size of the home unit selected by the beneficiary. The cost also varies depending on whether the beneficiary chooses to construct a new home or purchase an existing home.
Read: Top Construction Companies in Delhi Which Will be a Good Start for You

The NTR Housing Scheme provides three sizes of houses with different prices.

1. If you go for a 365 sq. ft. house model, the cost will be around ₹6.74 lakhs, 
2. On the other hand, a 300 sq. ft. unit is priced at ₹5.62 lakhs.
3. And houses built on 430 sq. ft. area are worth ₹7.71 lakhs

The government provides a subsidy of up to Rs. 2.5 lakhs for eligible beneficiaries. This subsidy does not apply to those opting to purchase an existing home. Therefore, beneficiaries who are looking to purchase an existing home will have to finance the entire cost themselves.

How to Check the NTR Housing Beneficiary List

If you are a qualified beneficiary of the NTR housing plan, your name will be displayed on the Andhra Pradesh government’s online webpage. Follow these procedures to see if you are on the list.

1. Go to the Official site https://kadapa.ap.gov.in/ 

2. Choose Gruha Pravesh Mahotsvam Ben List first. 

3. Select the type of function and Enter the preferred scheme name. 

4. Click Get a Report. 

5.Continue clicking these links until you reach your list. 

6. Click Export to Excel to export the NTR Housing Scheme recipient list into an Excel file. 

Applying for the program has never been simpler or more accessible now that all relevant information on eligibility requirements and important paperwork is known.

Andhra Pradesh Government’s NTR Housing Scheme is a good option for those considering investing in Andhra Pradesh property.

The variety of benefits of the scheme includes Stamp duty and registration subsidies and  Subsidies on Paid Interest Sponsorship of Loan Amounts. 

SC/ST receive ₹1.5 lahks from the government. Urban applicants will receive an additional ₹50,000, while rural applicants get ₹2.5 lakh subsidy. 

NoBroker works with top builders and developers in Andhra Pradesh to bring you the best deals on new, resale, and rental homes. 

Not only that we are well aware of the NTR Housing Scheme and help our customers get full benefits of the scheme. And because we’re completely online, you can search for your dream home from the comfort of your own home.

Contact NoBroker now and talk to our experts to know about the latest affordable housing projects near you.

FAQ’s

Subscribe