Eligibility Criteria for the PMAY Scheme

The Pradhan Mantri Awas Yojana is an initiative undertaken by the government of India to provide affordable housing facilities to all sections of the society. The scheme aims to build over 20 million affordable houses over the next few years, in order to ensure that every citizen of India has a home to call his or her own.  The scheme aims to provide affordable housing to both urban and rural residents of the country. It was launched by the Prime Minister in the year 2015. In essence, the PMAY scheme aims to provide a subsidy on housing loans to prospective homebuyers. The extent of the subsidy will vary depending on the socioeconomic status of the homebuyer. The houses constructed under the PMAY scheme shall be built so as to be eco-friendly and sustainable.

Mentioned below are the broad outlines of the eligibility criteria that those wanting to apply for the Pradhan Mantri Awas Yojana must meet:

• The applicant must not own a pucca house in any part of the country. The immediate family members of the applicant should also not own such a house in India in their names.
• The applicant must never have availed the benefits of a central or state housing scheme in the past. Nor should any of his or her immediate family members have done so.
• The property that shall be bought under the PMAY scheme must be wholly or partly owned by at least one adult female member of the applicant’s family.
• The property must ideally be located in a statutory town, as defined by the 2011 census. The property can also be located in the adjacent planning area of one such town.
• The household income of the family applying for the PMAY scheme must not exceed the amount of rs.18 lakh per annum.  

These are some of the factors that you must keep in mind if you are planning to apply for the Pradhan Mantri Awas Yojana and thereby build a house of your own. You should visit the websites of some of the most renowned property developers in the country to know more about the best residential projects developed under the PMAY scheme.

Know the necessary documents required to apply for PMAY

Pradhan Mantri Awas Yojana (PMAY) scheme gained a lot of attention from the Indian citizens, since the day it was announced. Due to the extraordinary subsidy benefits from government and financial assistance from the banks, the first time home buyers are applying to avail house under this scheme.

To make the application process easier for beneficiaries, the government has provided the PMAY application form in both offline and online modes. Offline forms are available in CSC centers through which the applicants can apply. 

The online application will be available on the official website http://pmaymis.gov.in/ and it is easy to fill. The online mode provides a hassle-free user experience to the applicants. The online application will help the users to know about the status of their application. Applicants have to log on to the website and fill in the application form with the supporting documents to avail the scheme benefits. Failing the documents submission or any mistake may lead to rejection of the applicant.

Documents required while applying for Pradhan Mantri Awas Yojana scheme:

· The applicant has to provide their Aadhaar card details, which is mandatory. Applicants without Aadhaar won’t be able to apply for Pradhan Mantri Awas Yojana. 

· Applicants have to provide the necessary documents to prove their identity and residence. Any of the government issued documents including PAN card, Voter ID, Driving License can be submitted.

· In case the applicant belongs to a minority community, the proof of the same needs to provided along with the application. A caste certificate from the district registrar office can prove the caste status of the applicant.

· Nationality also needs to be provided (Passport, Voter ID or any other government issued certificate)

· Economically Weaker Section certificate or Low Income Group certificate should be provided (Salary slips, IT return statements).

· Proof that the applicant does not own a ‘pucca’ house

· Property valuation certificate from the builder has to be submitted

· Bank details and account statements to show the annual income range

· Proof that the applicant is constructing a home under the scheme