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Q.

I m buy property in 2015 January can i get pmay subcdy

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4 Year

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0 2021-10-26T12:21:57+00:00

Hi,

Unfortunately, you will not be able to get a PMAY subsidy for a property purchased in January 2015. The scheme was launched on June 25, 2015. There are a few conditions which must be met to get CLSS benefits under the PMAY subsidy. These conditions are:

  • To avail of this scheme, the beneficiary family must not own a pucca house

  • A married couple is eligible for joint ownership under this scheme.

  • The beneficiary families should be fall in the category of first time applicants

  • If the home loan is approved under this subsidy, but later on switched to another lender for a balance transfer, will not be eligible to claim again in the future.

  • The  families under the MIG income group need to provide  Aadhaar numbers to avail the benefit of the subsidy.

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