The Swapna Niketan Housing Scheme, a commendable initiative by the Nagpur Municipal Corporation Slum Rehabilitation Authority, is a boon for individuals belonging to the low-income bracket. Aimed at providing affordable housing, the scheme allows those with limited financial means to fulfil the dream of owning a house. The foundation stone for this promising project was laid on May 25, 2023, by esteemed dignitaries, Deputy Chief Minister Devendra Fadnavis and Union Minister Nitin Gadkari. The inauguration of the online registration process on the same day, led by Municipal Commissioner Radhakrishnan B, marked a significant step toward making homeownership accessible.
This ambitious venture is aligned with the Pradhan Mantri Awas Yojana mission and is strategically situated at Mouza Wanjari Nagar on Kamptee Road. Covering an expansive 3.19 acres of land, the project is set to feature eight buildings comprising 480 units, all configured as 1 BHK residences with a comfortable area of 302 square feet per flat. The standout feature of Swapna Niketan is its commitment to providing essential amenities, ensuring a wholesome living experience for the residents.
To make homeownership more feasible, each unit is priced at Rs 11.51 lakh, with a noteworthy subsidy of Rs 2.50 lakh. Consequently, the effective cost for an individual to procure a house under this scheme is Rs 9.02 lakh. Aspiring homeowners can conveniently apply online at the official website with a nominal application fee of Rs 200. The anticipated possession of these homes is slated for completion within the next two years, aiming for June 2025.
Executing the project through a Public-Private Partnership (PPP) mode adds an extra layer of efficiency, with Sandeep Developers Pvt Ltd entrusted with the construction contract. The scheme’s operational process involves the publication of scheme details, invitation of applications, and subsequent conduct of seven draws for unit allotment by the NMC. The Swapna Niketan Housing Scheme emerges as a well-rounded effort to address the housing needs of the economically disadvantaged, promoting the vision of inclusive urban development.
See also:Â DDA housing scheme 2023-2024: Price list, flat booking last date
Swapna Niketan housing scheme: Key facts
| Project Area | 3.19 acres |
| Size | 302 square feet |
| Project size | 480 houses, 8 buildings |
| Average price | 11.51 lakh with a subsidy of 2.5 lakh |
| Possession start date | June 2025 |
| Configuration | 1 BHK apartment |
| Amenities | Internal roads, 24×7 water supply, open parking, water reservation, etc. |
Criteria for Eligibility under the PMAY Urban Housing Scheme
The Ministry of Housing and Urban Poverty Alleviation has established specific eligibility criteria for individuals applying for the PMAY Urban scheme. Some key prerequisites include:
- The beneficiary must not possess any property registered in their name.
- Individuals who have previously availed of housing scheme benefits are ineligible to apply.
- In the case of joint applications or ownership, the subsidy will be granted as a singular unit.
FAQs
What is the PMAY Urban Housing Scheme?
The PMAY Urban Housing Scheme is an initiative by the Ministry of Housing and Urban Poverty Alleviation to provide affordable housing solutions to urban residents.
How do I determine if I am eligible for the PMAY Urban scheme?
Eligibility criteria include not owning any property in your name and not having availed housing scheme benefits in the past. For joint applications, the subsidy is provided as one unit.
Can a person with existing property apply for the PMAY Urban scheme?
No, individuals who already own a property in their name are not eligible to apply for the PMAY Urban Housing Scheme.
What if I have previously benefited from other housing schemes? Am I still eligible?
No, individuals who have previously availed housing scheme benefits are not eligible to apply for the PMAY Urban scheme.
Can a married couple apply for the PMAY Urban scheme jointly?
Yes, a married couple can apply jointly. However, the subsidy will be provided as a single unit in such cases.
Is there any income criterion for eligibility under PMAY Urban?
Specific income criteria may be applicable. It's advisable to check the latest guidelines provided by the Ministry of Housing and Urban Poverty Alleviation.
How can I apply for the PMAY Urban Housing Scheme?
Interested individuals can apply online through the official portal provided by the Ministry. Details about the application process can be found on the official website.
| 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 |
