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HomePersonal FinancePM Awas Yojana Rules Changed: Alert! Allotment will get cancelled, know the...

PM Awas Yojana Rules Changed: Alert! Allotment will get cancelled, know the new government guidelines

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PM Awas Yojana: The government has made some changes in the conditions for allocation under the scheme. This has been done so that fake allotments can be stopped and the needy can be given its benefit.



 

PM Awas Yojana: There is news of work for the beneficiaries of Pradhan Mantri Awas Yojana. A big change has been made by the government in the rules of Pradhan Mantri Awas Yojana. If you have also been allotted PS house, then let us tell that it will be mandatory to stay in it for five years or else your allotment will be cancelled. It is also important for your information that all the houses which are being given through registered agreement to lease now or those who will get this agreement done in future will not be called registry.

This change in the rules

Actually, the government wants to see whether the allottees have used these houses or not. For this, a limit of five years has been fixed. This agreement will be converted into a lease deed if you are residing in it. Otherwise the development authority will also cancel the agreement made with you. The amount deposited by you later will also not be refunded. That is, overall now the rigging going on in it will stop.

All Agreements Left

Kanpur is the first such development authority in the country where people are being given the rights to live in the house under the registered agreement to lease. According to the information, an agreement has been made with 60 people in the first phase in the camp organized on the initiative of Arvind Singh, Vice-Chairman of Kanpur Development Authority. At the same time, he said that agreements are yet to be signed on this basis with more than 10,900 allottees.

Flats will not be free hold

At the same time, let us also 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 live here on lease. It will be beneficial that people who used to rent a house under the Pradhan Mantri Awas Yojana, that system will now be almost stopped.

It says rules

Also, if an allottee dies somewhere, 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. Under these rules, allotment exercise will be done in the whole country.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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