The document discusses several Indian government schemes aimed at making home ownership more affordable and accessible. The RERA Act increases transparency in real estate transactions. Reduction in home loan rates and subsidies under the Pradhan Mantri Awaas Yojna aim to help middle class buyers fulfill their dreams of home ownership. The scheme plans to construct over 2 crore affordable houses by 2022. Taken together, these programs are intended to facilitate home buying for more citizens of India.

1. Owninga home hasalwaysbeenconsideredasthe biggestdreamof ourlife andincrease the
chancesof obtainingfinancial stabilityandsecurity.
To facilitate andfulfilthisdream,Governmentistrialling new schemestohelppeople tobuytheir
firsthome. VivanGroup hasbroughtall informationforyou,readcarefully.
Here are a fewof the reasonsthatwork to make yourdreamcome true.
1. Rera Act
Thissignificantactoffersease toreal sectorand bringsthe much-neededrelieftohomebuyersin
manyways.Under RERA act, the work of the buildersanddeveloperswill be heldtransparentand
the homebuyerswill have complete control over.Also,Buyerswill be requiredtopayonlyforthe
carpet area– the area betweenthe walls.This’ll helpbuyerstoinvestin affordablehousing
projects.
2. Reductionin Home Loan Rates
ReductioninHome loanrateswill helpbuyerstofulfil theirdreamof owningahome.A steep
reductionof 25 basispointsinaffordable housingloansto8.35% fornew borrowers.Thisrate cut is
initiativeof Prime MinisterNarendraModi’svisionof providing affordablehousing forall by2022.
3. Subsidy
All middle classhomebuyerswithannual incomesof above Rs6 lakhand up to Rs 18 lakhper year
will be eligibleforreceivinginterestsubsidyonhousingloanstakenin2017 underPradhanMantri
AwaasYojna forprovidingaffordablehousing toeachcitizenof India.
4. PradhanMantri Awaas Yojna
The scheme aimsof constructingmore than 2 crore house till 2022. The Beneficiaryof the scheme
wouldbe the people livingunderEWSand LIG category.Home Buyerswill finditeasiertobuya
home withthese Actand schemes.
Finally,youmaynothave to put aside asmuch moneyasyou thinkin orderto buy a affordable
house inCity likeJaipur.Jaipurreal estate marketsare offeringattractive projectsin TonkRoadand
Jagatpuralocationsforhomebuyersandinvestors.
For more details,visiteourwebsite- http://vivanreality.com/