April 12, 2024: Real estate developer Suraksha Group announced the allotment under the Pradhan Mantri Awas Yojana (PMAY) scheme for their project Suraksha Smart City at Vasai East. The township development of Suraksha Smart City is located within walking distance from the Vasai Railway Station.
The offering includes a limited inventory of apartments at the project, making homeownership accessible to a wider population segment. The price points start at Rs 19, 99,999 (effective price after direct government subsidy of Rs 2.5 lakh) plus statutory charges. These apartments are available to households with annual income up to Rs 6 lakh.
“Suraksha Group is committed to elevate living for all by providing quality and budget friendly housing solutions through our project – Suraksha Smart City,” said Jash Panchamia, management, Suraksha Group. “Our dedication to GOI’s vision extends to the Pradhan Mantri Awas Yojana (PMAY), where, beyond subsidy benefits, a Suraksha Smart City PMAY apartment gives spacious, well-designed homes coupled with all lifestyle amenities. Additionally, Suraksha Smart City’s strategic location within the Mumbai Metropolitan Region (MMR) ensures excellent connectivity to various infrastructure and transportation networks.”
In alignment with the Government of India’s vision, PMAY and Suraksha Smart City aims to empower beneficiaries with home ownership not only by providing them access to a home at the best price but also by providing them with all lifestyle amenities. Under PMAY, eligible buyers will benefit from a direct government subsidy of Rs 2, 50,000 as well as Rs 1,000 in stamp duty.
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