Top 4 government Housing Schemes to Help One Buy a Home in India


The Government of India has come up with different schemes to provide affordable housing to Indian citizens. It is aiming to build approximately 2 crore houses through such schemes.

Among the government housing schemes, you can directly benefit from the following –
Pradhan Mantri Awas Yojana
Pradhan Mantri Awas Yojana or PMAY intends to provide housing for every citizen by the year 2022. According to one’s income, they can apply as beneficiaries under LIG, EWS, MIG 1, and MIG 2 categories. Individuals who want to purchase a house should apply for a home loan and easily avail interest subsidy through this central government housing scheme.
Maharashtra Housing and Area Development Authority scheme
Among the government housing schemes for housing, the Maharashtra Housing and Area Development Authority Scheme or MHADA operates via a lottery system to provide affordable houses. This scheme aims to provide affordable houses to citizens belonging to different income group by the year 2022.
Haryana housing board scheme
Haryana Housing Scheme rolled out in 1971, and this scheme prioritises house construction and their allotment among the economically weaker sections. Haryana Urban Development Authority is a new scheme initiated by the board, which offers freehold commercial and residential properties.
Delhi Development Authority Housing scheme
Among the top government housing schemes, DDA or Delhi Development Authority Housing Scheme offers around 18,000 properties in Narela and Vasant Kunj. This scheme is a part of PMAY, and it too provides affordable housing to citizens of Delhi depending on their income.
The Government of India thrives on providing affordable housing to every citizen and helps them to lead a better life through these schemes.
Must Read:- All you need to know about Government Housing Schemes

Location: New Delhi, Delhi, India

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