Pmay Beneficiaries Of State Get Recognition, Real Estate News, ET RealEstate

August 27, 2023

RANCHI: The urban development and housing department will recognize and reward the beneficiaries of the Pradhan Mantri Awas Yojana (Urban) in a bid to appreciate their efforts in achieving home ownership and construction of eco-friendly building on January 1, 2024.

The Pradhan Mantri Awas Yojana provides financial assistance to the economically disadvantaged members of society. The monetary assistance is provided in the form of a subsidy on home loan used to purchase a residence.

The subsidy is distributed in accordance with the income categories including lower income group, middle income group and others.

To facilitate the participation process for the beneficiaries, the PMAY-U mobile application has been launched. As part of this initiative, a dedicated module has been developed on the newly introduced Beneficiary Awards 2023 App.

Additional administrator Kunwar Singh Pahan said, “Through the application platform, beneficiaries will get to showcase their completed houses by uploading two photographs and a video testimonial highlighting the positive impact of having a home.”

  • Published On Aug 19, 2023 at 12:00 PM IST

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