PM launches Modi Awaas Gharkul Yojana

Modi transferred the 1st instalment of Rs 375 crore to 2.5 lakh beneficiaries.

Prime Minister Narendra Modi on February 28, 2024, launched the Modi Awaas Gharkul Yojana for OBC category beneficiaries in Maharashtra. The scheme envisages the construction of a total 10 lakh houses from FY 2023-24 to FY 2025-26. The Prime Minister will transfer the first instalment of Rs 375 crore to 2.5 lakh beneficiaries of the scheme.

The Maharashtra government, while presenting the Budget for the year 2023-2024, has announced the launch of the Modi Awaas Gharkul Yojana to build 10 lakh houses for other backward classes in the state in three years. Beneficiaries who have not been able to have a house of their own under the Awas Plus scheme will be eligible to get one under the new scheme.

 

Modi Awaas Gharkul Yojana: Subsidy amount

Beneficiaries will receive Rs 1.20 lakh as government subsidy under the scheme for the construction of new house or to convert a kacchha house into a pacca house. The beneficiaries must have 269 sqft of area to build homes under the scheme. Funds will be credited to the beneficiary’s bank account as per the progress of house construction.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com

 

Was this article useful?
  • ? (0)
  • ? (0)
  • ? (0)

Recent Podcasts

  • Keeping it Real: Housing.com podcast Episode 78Keeping it Real: Housing.com podcast Episode 78
  • Keeping it Real: Housing.com podcast Episode 77Keeping it Real: Housing.com podcast Episode 77
  • Keeping it Real: Housing.com podcast Episode 76Keeping it Real: Housing.com podcast Episode 76
  • Keeping it Real: Housing.com podcast Episode 75Keeping it Real: Housing.com podcast Episode 75
  • Keeping it Real: Housing.com podcast Episode 74Keeping it Real: Housing.com podcast Episode 74
  • Keeping it Real: Housing.com podcast Episode 73Keeping it Real: Housing.com podcast Episode 73