Flat Allotment Policy for Poor’s Approved by Delhi Govt.

Services for Real Estate Pros with shri aditya group

Delhi government has approved the policy for allotment of low cost flat to urban poors under Jawaharlal Nehru urban renewal Mission (JNURM) .After this decision, now the way for quick implementation of low cost housing plan has become clear.According to this policy, the flat will be allotted to him only who is a resident of Delhi since 1990 and should have a valid ration card. In addition, the flat buyer should neither have a pacca house or a plot in Delhi.It is important to note that the government has approved the plan to construct 43804 such low cost flats. Under JNURM scheme, the central government will provide a subsidy of Rs1.00 lakh while Delhi government will provide a subsidy of Rs 25,000/- for these flats.

Comments (2)

Vickie Nagy
Coldwell Banker Residential Real Estate - Palm Springs, CA
Vickie Jean the Palm Springs Condo Queen
Interesting post. I see a great many posts directed to Indian real estate from my local area here in CA.
Feb 10, 2008 04:39 PM
Matt Grohe
RE/MAX Concepts - Des Moines, IA
Serving the metro since 2003
Nikkipinki: Thanks for the post. That sounds like a very good program for people that are about 12,000 miles away from the nearest US mainland real estate.
Feb 10, 2008 04:57 PM