Hey,
“Where can I find affordable housing” is the first question that comes to everyone’s mind when they plan to buy properties. I am also looking to buy a property so I have been doing my research.
My friend who has recently bought a house told me to check out properties on real estate platforms like NoBroker as it allows you to save a lot of brokerage fees.
Check out 5 major cities in India where it is both wise and affordable to buy a property today:
Indore, Maharashtra
Jaipur, Rajasthan
Ahmedabad, Gujarat
Kochi, Kerala
Hyderabad, Telangana
Now you know “where can I find cheap apartments?”
I want you to know the state and central governments are encouraging property ownership through a variety of affordable housing schemes. Let me share some popular govt. housing schemes:
Rajiv Awas Yojana: Its objective is to bring every illegal construction within a formal system to make our country slum-free. Under this yojana, the center has approved the scheme as Affordable Homes in AMP or Partnership.
Pradhan Mantri Awas Yojana – Gramin: This affordable housing scheme focuses on homeless families and provides them with pucca houses with basic amenities. It provides financial assistance and shares the construction cost with the state.
Pradhan Mantri Awas Yojana – Urban: Its objective is to provide housing for everyone by 2022. This scheme provides an interest subsidy for housing loans for people who are buying homes for the first time in urban areas.
MHADA Lottery Scheme: This lottery scheme that is launched every year is intended for buyers from several income groups. Most of the units in the scheme are allocated to the economically weaker sections of society.
DDA (Delhi Development Authority) Housing Scheme: This housing scheme provides apartments for middle-income groups, high-income groups, and low-income groups with a few reservations for the poorer sections of the population.
This is all on where can I find low income housing.
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I hope you like my answer on where can I find affordable housing.
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Where can I find affordable housing?
Rekha
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3 Year
2022-01-12T17:17:10+00:00 2022-01-12T17:55:31+00:00Comment
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