Best land promoters in chennai-PMAY Scheme Details

Best Land Promoters in Chennai

Loooking to buy a new home? Owning a beautiful home is a dream for each one of us. Buying plot or home that is the biggest amount that someone might spent in their life carrier. Wherever you buy a home or plot the home would be small or large its in the city limit or outside the city its been an spending a high amount. While buying a home most of them search best land promoters in Chennai to make the right decision. Buying a home or plot is that involves a lot of financial planning, lot of search option to choose the right one for investment.

Whether you are buying a home or plot you have an idea to take a loan from a bank or getting loan from any other financial sectors that would be an very long process. Due to this type of circumstance people withdraw an long dream. Unfortunately government has noticed this situation and made an scheme called Pradhan Mantri Awas Yojana (PMAY).

The Pradhan Mantri Awas Yojana (PMAY) is a government scheme that help to people would struggle for purchase an dream home. It is a centrally offered scheme to improve the quality of urban and rural people who fight against the finance for purchasing dream home. This scheme helps most of the people to fulfil their dream.

Let see the categories offer under this scheme:

The Pradhan Mantri Awas Yojana – Gramin

This the categories which will help for the rural people to sustain their home dream. This will help them to find the decent housing.

The Pradhan Mantri Awas Yojana – Urban

This the categories which will help for the rehabilitate slum dwellers and making them to live an dream home. This scheme at available for everyone who are citizen of India. Some of the best land promoters in Chennai sell their property under PMAY scheme. This scheme is reserved only for an who are all belong to the marginalised classes such as:

1.Scheduled castes

2.Scheduled tribes

3.Low income group populations

4.Economically weaker sections

5.Medium income groups

Let see the documents required for avail PMAY scheme such as:

Applicant who are getting salaried need to submit these types of documents:

1. PAN Card
2. Identity proof such as passport, Aadhar Card, driver’s license, or voter ID
3. Proof of Address, such as a letter from a public authority confirming your identity and residence
4. A residence address certificate
5. A rent agreement on stamp paper
6. Bank statements with the present address
7. ITR Receipts
8. Salary slips – 2 months’ worth
9. Bank statements – 6 months’ worth

Category	Household Income	Maximum House Area	Govt Subsidy	NPV of Subsidy
Economically weaker	<3 lakhs	30sqm	6.5% for loan upto 6lakhs	2.67 lakhs
Lower income group	3-6 lakhs	60sqm	6.5% for loan upto 6lakhs	2.67 lakhs
Medium income group 1	6-12 lakhs	160sqm	4% for loan upto 9lakhs	2.35 lakhs
Medium income group 2	12-18 lakhs	200sqm	3% for loan upto 12 lakhs	2.3 lakhs

In case you have purchased any property, you must also need to submit:

1. Sales deed
2. Sale/purchase agreement
3. Copy of receipts of payments made to previous owners or developers
4. Property registration certificates

Applicant who are self employed need to submit these types of documents:

1. PAN Card
2. Identity proof such as passport, Aadhar Card, driver’s license, or voter ID
3. Proof of Address, such as a letter from a public authority confirming your identity and residence
4. A residence address certificate
5. A copy of a utility bill
6. A copy of a rent agreement on stamp paper
7. Bank statements from a commercial nationalised bank – 3 months’ worth
8. Life Insurance Policy and investments
9. Sale deed copy
10. Bank statement in case of post office savings
11. Pension or Family Pension Payment orders

If you are an commercial building owner you need to submit documents like:

1. Shops and establishment certificate, if applicable
2. Trade License Certificates
3. SSI Certificate
4. Sales Tax/GST certificates
5. Factory registration certificates
6. Partnership deeds
7. Profit and loss statements

This are the thing required for PMAY scheme. Guduvanchery the Ideal Real Estate Investment Hub in Chennai most of the best land promoters focus their plots in Guduvanchery because the land apppreciation value. This town falls under the small panchayat town inside the district Kanchipuram within the Chennai limits. Guduvanchery is playing an vital role because of thier prime spot of Chennai and is surrounded by railway station, buses and other transports.

Most of the best land promoters in Chennai mainly focus on Guduvanchery this is the main reason and this is the ideal destination to reach and communicate without any hassle.