Awas Yojana of the Prime Minister: The government will monitor whether you have used these houses over the next five years. If you live there, this agreement will be transformed into a lease deed. If you do not comply, the development authority will terminate the agreement you have with them. After then, you will not be returned any of the money you have deposited.
Awas Yojana of the Prime Minister: There is some good news for those who have benefited from the PM Awas Yojana. The rules for making use of the PM Awas Yojana have changed significantly. If you were also given the Prime Minister’s residence, you should be aware that you must live there for at least five years or your allotment would be canceled. Let us clarify that the houses for which a registered lease agreement is currently being given or for which this agreement will be completed in the future are not a registry.
Modifications to the rules under PM Awas
Actually, the government will monitor whether you have used these houses for the next five years. If you live there, this agreement will be transformed into a lease deed. If you do not comply, the development authority will terminate the agreement you have with them. After then, you will not be returned any of the money you have deposited. That is, the rigging that has been going on in it will now come to an end.
Flats will not be freehold
Apart from that, the units created under the Urban Pradhan Mantri Awas Yojana will never be freehold, according to the terms and regulations. People will be required to stay on lease for another five years. People who used to rent a house under the PM Awas Yojana would almost certainly cease now.
What exactly are the guidelines?
Furthermore, if an allottee dies, the lease shall be transferred to a family member alone, as per the guidelines. KDA will not form a relationship with any other family. The allottees will be required to live in their homes for a period of five years under this arrangement. After then, the houses’ leases will be reinstated.
