PM 1 BHK Rental Housing Scheme 2019

PM Rental Housing Scheme

Central Government can soon start PM Modi 1BHK Rental Housing Scheme for economically weaker sections. Now the Modi Government will launch the house on the rent scheme with the flagship Pradhan Mantri Awas Yojana (PMAY). The Rental Housing Scheme to be offered by the Modi Government will provide Single Room Tenements (1 BHK Flat) for families with annual income less than Rs. 3 lakhs. After implementation, people have to register 1BHK rental housing scheme through offline or online mode (specified in the guidelines).

The purpose of the PM Modi “Housing for All (HFA)” scheme is to provide affordable housing to all Indian citizens by the financial year 2022. This new PM Modi 1BHK rental housing scheme aims to provide housing for migrant laborers in crowded metro areas. The Ministry of Housing and Urban Affairs (MoHUA) and the Labor Ministry will implement the plan.

PM Modi’s 1BHK Rental Housing Scheme is targeted towards low-paid socio-economic teams, who do not have enough finance to have a replacement home and have got to migrate to cities in search of higher employment opportunities. .

Scheme Implementation

The central government is planning to run this scheme through a voucher system. The urban local body will determine the value of the vouchers for the class or size of the housing unit and the rent prevailing in the city. Central government There is also the option of direct transfer of benefits in this voucher scheme. According to the 2011 Census Report, in 2011 about 27.5% of the urban dwellers lived in rented houses. Therefore, the rental accommodation plan will help the people living on rent.

Registration process

  • Firstly, families having income of Rs. 3 lakhs or less will be registered by the urban local bodies.
  • Then each family will receive government-issued vouchers.
  • Tenants must submit these vouchers to the housing board.
  • If the landlord is a private developer, the tenant can redeem the rent voucher in any civil service bureau.

Note – Friends, we would like to point out to you that no official news has been received by the Government regarding the PM 1BHK Rental Housing scheme. As soon as the government announce any news about this plan, then we have informed you about it. 

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