PM Awas Yojana: The houses whose registered agreement is being given to lease now or the people who will get this agreement done in future is not a registry.
PM Awas Yojana: There is important news for the beneficiaries of PM Awas Yojana. There has been a big change in the rules for taking advantage of PM Awas Yojana. If you have also been allotted the Prime Minister’s house, then you should know that it will be mandatory to stay in it for five years or else your allotment will be cancelled. Let us tell you that the houses whose registered agreement to lease is being given now or the people who will get this agreement done in future is not a registry.
Changes in rules under PM Awas
Actually, the government will see for five years whether you have used these houses or not. This agreement will be converted into a lease deed if you are residing in it. Otherwise the development authority will also terminate the agreement made with you. After this the amount deposited by you will also not be refunded. That is, overall now the rigging going on in it will stop.
Flats will not be free hold
Apart from this, let us tell you that according to the terms and conditions, the flats built under the Urban Pradhan Mantri Awas Yojana will never be free hold. Even after five years people will have to stay on lease. It will be beneficial that people who used to rent a house under PM Awas Yojana will almost stop now.
What are the rules?
Along with this, if an allottee dies, then according to the rules, the lease will be transferred to the family member only. KDA will not enter into any agreement with any other family. Under this agreement, the allottees will have to use the houses for 5 years. After this the lease of the houses will be restored.
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