PM Awas Yojana: Change in PM Housing Rules, Know Otherwise Allotment Will Be Canceled
PM Awas Yojana: Prime Minister Awas Yojana is an important news for the users. Major changes have been made in the rules of this scheme. If you have been allotted a PM House. Then it has become mandatory to stay in it for five years, otherwise the allotment will be canceled. The lease agreement for the houses currently being registered. This is not a registry that will forward this agreement.
Changes in the rules
In fact, the central government will look into whether you have used these houses for five years. If you do not live in it. The agreement will then be converted into a lease deed. At the same time, the development authority will terminate the contract with the landlord. Deposits made thereafter will not be refunded. If you look at this, fraud cases will be closed.
Flats will not be freehold.
At the same time, according to the terms and conditions, the houses of the citizen PM Awas Yojana will not be freehold. Even after five years, people will still have to live on lease. The benefit is that the Prime Minister will not be able to rent a house under the housing scheme.
What is the rule?
Also, if an alt dies. The lease will then be transferred to the family member according to the rules. KDA will not enter into any agreement with any other family. Under this agreement you will have to stay at home for five years. After that the lease of the houses will be restored.