In
an attempt to ease the availability and accessibility of housing options across
India, multiple government initiatives like Pradhan Mantri Awas Yojana have
come into effect. While the PMAY scheme is a Central Government initiative,
individual states have followed up on this attempt and brought in their
individual sponsored housing plans.
In
a similar targeted scheme, the Andhra Pradesh government launched its NTR housing
plan that aimed to make housing affordable for all.
While
the government continues with affordable housing endeavors across the state, a
considerable share of targeted housing plans lies in the state’s ex-capital,
Kurnool. The Andhra Pradesh government estimated the generation of 13,846
houses under the NTR housing scheme in this area, out of which
10,000 will be built in the peripheral region of the city.
Apart
from the highlighted residential accommodation, the government also strives to
provide multiple auxiliary facilities, viz. –
●
Water
supply
●
Roads
●
Drains
●
Educational
institutes, etc.
What is NTR Housing Scheme?
Launched
in 2016, this housing scheme was a cohort plan with PMAY scheme and planned to
achieve the ‘Housing for All’ aim of the Central Government. It was launched
for both rural and urban areas ensuring that the underprivileged gained the
benefit of affordable housing options.
As
per latest reports, the government has
●
inaugurated
about 4.5 lakh houses, and
●
sanctioned
15.78 lakh homes under PMAY Urban - Beneficiary Led Construction (BLC), PMAY
Gramin, and the NTR schemes
- Beneficiaries
of this Housing
Plan
The
following list of people are considered as beneficiaries of NTR housing scheme
–
●
Individuals
who applied from the west constituency before the deadline.
●
People from
the east assembly constituency.
●
Individuals
who applied from the central assembly constituency before the deadline
●
All who
applied for VMC and filled it before the deadline.
- Eligibility
Criteria
and Documents
Beneficiaries
of this scheme need to meet the following eligibility criteria and provide
these below-mentioned paper works –
Eligibility
●
He/she
needs to be a permanent resident of Andhra Pradesh.
●
Belong to
the Below the Poverty Line/having a white ration card.
●
He/she
should not have any houses via a government housing scheme.
Documents
●
Voter ID
●
Aadhaar
Card
●
Present
address and contact number
●
Permanent
address
●
Age and
number of family members
●
Caste
●
Bank
account details
●
Religion
●
Number of
years as a resident of this state
●
Ownership
details of one’s present home
●
Average
monthly income of the household
- Registration
Process
All
that potential applicants need to do is follow the below-mentioned registration
process –
●
Log on to
the official site of NTR scheme.
●
Select
‘Citizen Assessment’ option and click on ‘slum dwellers’ tab.
●
Click on
‘Benefits under other 3 components’ option and provide required personal
details.
●
Fill in the
online application form and attach essential documents.
●
Enter the
captcha code and click on ‘save’ option.
Following
this, the application process of this scheme starts, and applicant’s
eligibility criteria are checked.
Considering
this ease in availing of affordable housing options, potential homebuyers still
face challenges regarding the financing of their house purchase. Hence,
individuals prefer to go for the best housing loan in India from leading NBFCs.
Such
Home Loan from reputed financial institutions offers borrowers with a high
credit amount and a convenient repayment structure via the lowered rate of
interest.
Such
advances also come with multiple lucrative features that include –
●
Higher loan
amount of up to Rs. 5 Crore
●
Competitive
rate of interest
●
Minimum home
loan documents needed
●
Easy
balance transfer facility
●
Top up
loans
●
Property
dossier
●
Complete
transparency in the home loan fees and charges
●
Flexible
range of repayment tenure
from 2 to 20 years
●
Convenient
access to loan account via a customer portal
Such
beneficial features make availing a home loan in Vijayawada, Andhra Pradesh the
preferred go-to option for all those applying for affordable housing options
under the NTR scheme.
