What are the Top 6 Schemes for Affordable Housing in India?
There is an endless list of investment types trending in the market today. It can be the modern way of investing in cryptocurrencies or the traditional method of collecting precious metals like gold. You will come across a maximum of the population putting their money into some kind of schemes to earn a profit. However, among all these types of investments known today, nothing really beats the idea of investing in a property. Buying a property has always been considered to be one of the best investments for any individual. Also, a traditional form of investment, it is widely accepted and highly recommended by experts as well. However, how easy is it really today for every individual to invest in a property? Let’s answer these queries in our discussion further.
List of Government Housing Schemes for Affordable Housing
India is a country blessed with its rich culture and unique traditions. And let’s be honest, we still believe and respect what our ancestors and elders have taught us. One of the many learnings is the wide benefits of investing in a property. Hence, with a fair idea of the population, the Indian Government is today responsible for introducing its citizens to a wide range of housing schemes. The variations of schemes are controlled either by the state or central government. However, each policy aims towards easing the house buying process. Additionally, with the current economic situation and soaring prices of real estate properties, affordable housing scheme acts as a blessing. So, here, we have curated for you a list of some of the best government housing finance schemes that you can benefit from:
CLSS under Pradhan Mantri Awas Yojana: Popularly known as “PMAY”, the Pradhan Mantri Awas Yojana goes by its popular theme, “Housing for all by 2022.” This was introduced to offer affordable housing schemes for the Lower Income Group, Middle Income Group and the Economically Weaker Sections. To avail the PMAY benefits, it is mandatory that the individual does not own a pucca house and have unmarried children, in a family. (add another para on PMAY). PMAY is an abbreviation to the Pradhan Mantri Awas Yojana which aims to develop affordable housing schemes for the under privileged. This government-funded scheme constructs homes in cities with major population of the weaker sections. Launched in the year 2015, the PMAY housing scheme can be easily applied to with a visit to the official website.
Aponar Apon Ghar Scheme (Assam): A government housing finance scheme by the state government of Assam, Aponar Apon Ghar scheme offers home loans to the state government employees at low-interest rates. An applicant must be a permanent resident of Assam and employed in any government department for minimum 5 years to be eligible to enjoy zero processing fees.
DDA Housing Scheme: The Delhi Development Authority Housing Scheme too aims to provide housing benefits to individuals based on their monthly income. The categories of people who fall here include the EWS, LIG, MIG and HIG. Additionally, it reserves properties for SC/ST, people with disabilities, war widows and ex-servicemen.
MHADA:TheMaharashtra Housing and Area Development Authority Scheme is another popular housing scheme to offer affordable houses. Here, an individual should be 18 years and above. He or she should own a valid domicile certificate and a PAN card. Individuals who can apply for the scheme along with their respective monthly income include – LIG (INR 25,000 – INR 50,000), MIG (INR above 50,000 – INR 75,000) and HIG (above INR 75,000).
NandamuriTarakaRamaRao Urban Housing Scheme: The NTR Urban Housing Scheme came into existence in 2016 to help the underprivileged of Andhra Pradesh own their houses. It comes under the Pradhan Mantri Awas Yojana scheme and allows individuals of the BPL class to apply. A subsidy of INR 2.5 lakhs is provided to all individuals and an additional benefit of INR 50,000 is provided to those belonging to the SC/ST classes.
West Bengal Housing Board Scheme: Running successfully since the year 1973, the West Bengal Housing Board Scheme offers housing facilities to these categories of people – EWS, LIG, MIG 1, MIG 2 and HIG. Individuals falling in any of these categories are further allotted homes based on their monthly income. Additionally, the housing department in the state allots houses through a lottery system.
We at Protech Group understand the importance of owning affordable homes. Hence, all our properties are eligible for PMAY. We will be more than happy to assist you with your queries related to any form of housing schemes. Hence, allow us the opportunity to introduce you to your dream home and invest with us today.
Protech Green, located in Panjabari, Guwahati, is one of Protech Group’s many properties defining the true sense of luxury living. Boasting a modern contemporary design with 60% open space, the name Protech “Green” justifies the amount of nature we have built around for you. Most of the limited-edition apartments are Vaastu compliant, assuring your positivity and good vibes throughout your stay.
The residential property is home to 138 limited edition apartments that are built within 4 blocks and comprise G+9 floors. An investment in any of the 3 BHK apartments will introduce to you a world of luxury living involving lavish facilities. Allow us to take you on a tour of this breath-taking property, which awaits your presence.
As you drive through the double-height entrance gate to enter the premises of Protech Green, you will be welcomed by a residential apartment fit for modern living. As you pass through the greenery, a podium with a water body awaits you to listen to the soothing gushing of water.
Protech Green comes with an excellent parking space, assuring each resident to be able to park their vehicle without hassle. The available space both outside and inside the building is designed in a manner wherein no trouble is faced to either park or drive out.
The lavish 3 BHK apartments come with high-end amenities to cater to your comfortable living experience. With each room boasting ample space, these apartments are perfect for both neutral and joint families. Additionally, the availability of two balconies in each flat offers the opportunity to sit back and relax in the evenings, sipping a hot beverage while taking in the mesmerizing view of the garden below and the clear sky above.
Who doesn’t love a good swim after a hectic day at work, right? Or, if you are a fitness enthusiast, you can always take a dip into the pool to enjoy a good 10 minutes swim or maybe relax your muscles after all the hustle at the modern gym built inside the premises of Protech Green.
Protech residents speak about their experience during Covid-19 and how it impacted life at Protech Societies
The pandemic of 2019 has affected a huge chunk of the population globally. While many lost their lives, there are others struggling with their own sets of challenges. Loss of job, deteriorating health, loss of social life… the list goes on. This is a global health crisis that has disrupted the lives of each living being on Earth. The story goes somewhat the same for the residents of Protech Group’s multiple residential societies and its residents. One of our notable residents of Protech Harkanan, Mr. Pabitra Margherita, who is a state BJP spokesperson as well as producer and actor known for movies like Jonbai, Jonbai 2 and Tumi Mur Mathu Mur, shared –
“Apart from being a political worker, I am also a film worker. But with the rising cases of Covid-19, it affected the industry greatly as all productions were stopped. Though my professional front was affected, I ensured to give divert my time for the needy and offered every possible help to them during the period.”
The impact of Covid-19 also got families together. With the necessity of the work from home culture adapted by maximum companies right from the start, people started to spend more time inside cooking, reading, talking, eating and so on. For instance, one of our residents from Protech Park, Mr. Sunil Garg who lives in a joint family, shared,
-“It was good spending time with them after a long break. Financial crisis and tensions were handled together. I also lost weight as I could focus on exercise and my grocery business was handled properly. My family and I could follow satsung guru as well with all precautions taken with utmost care.”
Protech Group ensured that each member of our different residential societies followed the necessary precautions. We made it a point to make the availability of every basic necessity for our residents with the assistance of frontline workers. Many of our residents are also a part of the brave healthcare warriors. Dr. Ranjib Kumar Baruah from Protech Pearl said,
“Being doctors, we have Covid-19 duties. Our lives changed, we had to wear PPE kits, work 7 days a week and maintain 7 days quarantine. It became impossible to predict what will and can happen within seconds. Unlike others, we never had the option to work for home and had to go for our duties and ensure that we maintained a distance from our child.”
What the residents of different Protech societies had to say about their experience during Covid-19
While the pandemic has shattered the lives of many and we are still under crisis, all individuals made it a point to stay indoors and maintain the essential sanitation protocol. Right from wearing masks every time they stepped out to sanitize their hands and temperature check before entering their respective societies, every protocol was maintained. We tried to learn from residents of different Protech societies about their experience and how they coped with the pandemic. Here’s what they shared
Protech Bimla
H. Othello Sharma: “We took safety precautions, wore a mask, used sanitiser and didn’t go out of the house unless extremely necessary.”
Reema Goswami: “The pandemic affected us a lot. Nobody was allowed to step out or in for 2-3 months. We were thankful that at least cell phones exist today through which we could connect with our near and dear ones virtually. However, being a teacher (SSA), it was pretty difficult to work from home plus my salary has been deducted for cost-cutting procedures.”
Protech Heritage
Satya Sadhya Saikia: “We followed all the guidelines and necessary precautions and didn’t step out of the house.
Nitushmita Goswami (Lawyer at Guwahati High Court):“Our wants were limited to roti, kapda and makaan. I believe that we should avoid certain expenses and contact our near and dear ones virtually. It is good that we are still maintaining the precautions inside the society as the pandemic isn’t over yet.”
Sujata Gohain: “We followed protocols, maintained personal hygiene and adapted to the new social life. Fortunately, we were not affected economically as I am under govt sector and the work went on and off.”
Protech Park
Deepjyoti Konwar:“There was a downfall in the economy and Covid-19 gave rise to unemployment. But we had to keep our health at check and hence, all precautions were used. The government is doing its best to contain the spread and has been providing us full support.”
Protech Pearl
Kakali Hazarika:“Covid-19 had been a tension. During the initial rise, I made sure to stay at home and isolated myself when necessary. All my social relations were decreased. The entire experience of Covid-19 has been a bad experience, but I feel blessed that there has been no problem in my job.”
Arati Talukdar:“It has been okay I can say. I am following all the necessary steps and taking every required precaution.”
Why Covid-19 was a phase of mixed experiences
2020 was also a year wherein the hidden talents of many people were introduced. While some took into painting and DIYs, many others learned to cook and welcome the practice of gardening. One of our residents from Protech Park, Dr. Anjali Goswami, shared, “Being old, it was hard dealing with the contagious disease. I took all the precautions and essentials were managed for livelihood. Most of my time was managed in kitchen gardening and reading books and the best part was that I learned to write poems during the lockdown.”
While taking precautions and following the required guidelines throughout, one of our residents at Protech Pelican, Mr. Partha Sarathi Dowerah, was unfortunately infected with the virus. He was admitted in Excel Care Hospital and his positive thoughts even after the battle are inspiring: “It was an excellent experience. Don’t fear when you think there is a change in your body. You should not panic. Everything with go on with time.”
Way forward
The safety of our residents is the foremost priority of Protech Group. Hence, we take every possible measure to keep our customers safe and protected. Right from building earthquake-resistant buildings to efficiently managing safety protocols in the need of the hour, we at Protech promise you a comfortable, safe and happy stay throughout.
Latest Technologies in Constructing Protech Buildings
It goes without saying that with the advancement of technology, every aspect of living for every living being has drastically changed. And the hypothesis here is that such advancement has led to various sectors enhance their methods of business. This stands absolutely true to one of the largest industries in the world – Real estate. The name “Protech” is curated from the two powerful words that define advancement – Progress and Technology. Protech Group is highly dedicated to the use of the latest technologies desired by the human race to live a comfortable and lavish lifestyle.
A quick summary of the latest technology implemented in our construction sites
We are an establishment committed to think, implement and execute results that suit the current needs of our customers. Anybody investing in a property today looks for modern amenities, implementation of efficient materials and every other luxury needed to lead a comfortable life. Protech Group thoroughly utilizes a wide selection of such technologies that enhances both the construction and living procedures. Allow us to give you a better insight into our process by understanding some of the major technologies that our experts have been using:
Mivan Technology: Also known as “Mivan shuttering,” the mivan technology works wonders to strengthen the various sections of a building with a smooth finish. The use of aluminium formworks further contributes to a building’s durability along with speeding up the roof casting and dynamic pile load testing. While shuttering is the process of efficiently holding the temporary moulds (plywood) of wet concrete in the early stage, formwork includes the comprehensive process of the entire construction procedure.
Digital Level Marker: Positioning and levelling the various elements in any given space is an intricate job. It demands accurate alignment with the perfection to be comfortably used. Hence, Protech Group’s experts ensure the use of digital level markers. The markers are designed to install and fix different objects including sockets, railings and floor skirtings in perfect alignments.
AAC Blocks: Lightweight and durable, each property of Protech Group is constructed with Autoclaved Aerated Concrete (AAC) blocks. Unlike bricks, AAC blocks emit less heat due to the less presence of steel, concrete and cement making them ideal for the humid weather of Assam. Additionally, AAC blocks boast high sound insulating properties which absorb sound coming from the outside.
In-House Concrete Batching Plant: It is always quality that one seeks and we at Protech Group are committed to serving you with the best of quality in properties. We take pride in sharing with you that we will be using an in-house concrete batching plant for better quality control of our residential properties. Each concrete mix will be carefully evaluated by our experts before they receive a go-to for the construction.
Road-map to a safer future
The increasing potential of being able to grow as one of the leading real estate experts in Assam is our constant research and implementation of the latest technologies. We make sure that our construction material passes our rigid test for which we have built an in-house lab for grade testing of building materials. Incorporating the best of technologies is our way of ensuring a safe home that endures time and weather. In our 15 years of business, Protech Group has readily accepted the changes and commits to accept further for the betterment of the state.
Living in a property that suits comfort and security is every individual’s right. Every house is a special place for everyone and hence, it’s important to choose the right one for yourself. No one should compromise with their dream home. And so, we at Protech Group do everything we can to assist you in having the house of your dreams. From offering you a tour of the properties of your interest with our team of experts to making the possibility of a virtual tour, we have them all.
“The biggest advantage of an online portal is that a customer can get a bird’s eye view of what’s available in a particular belt of the city or even the whole city. The information is segregated in terms of budget, amenities, proximity to the station or a school etc.”
Property hunting can be a tough job, but not when you have the right real estate professionals and an understanding of what needs to be considered. So, without wasting further time, here are some tips we would like to share with you for the right ways to choose the right property:
Know the location of your choice
Location is an important factor when you’re deciding on investing in a property where you will be living in. The choice of location determines the length of your commute to daily important places as well as the community to want to be together with throughout your life. Examine the presence of educational institutions, hospitals and commercial centres in the vicinity before deciding on a purchase. Consider the distance between the nearest police station, fire station, parks and playgrounds. Apart from these, question yourself if you want to stay amidst nature such as a garden area with tree-lined sidewalks for your daily jog and where your children can enjoy their playtime? Would you like to have the luxury of recreational amenities for relaxing weekdays and weekends after a hectic workday?
Prepare a List of Must-Haves
Before you commence your house-hunting journey, prepare a list of the must-haves. Some of these may include spacious rooms, good ventilation, open spaces for the family members’ general health and well-being and so on. Open spaces and good ventilation lower stress levels, promote physical activity and alleviate depression. Apart from these factors, consider what you can and cannot live without to fulfil your daily comfort. Such flexibilities should be present so that you can customize or demand your realtor and look for properties that include the amenities of your requirement.
Presence of Basic Requirements
With the world rapidly changing and needs increasing, there are certain basic amenities that have to be considered. Parking facility, availability of running water, proper security and maintenance of the society are some basic requirements to be considered when choosing a house. These are critical to lead your daily activities smoothly and to safeguard the needs of your loved ones too.
Ensure a Physical Tour Before Purchase
The pandemic has changed the way people viewed the world earlier. Activities and decisions are now taken after carefully examining the health situation outside. Hence, the demand for virtual tours increased highly in every industry, which includes the real estate industry. However, there’s no denying the fact that virtual tours aren’t the same as physical tours to closely examine everything, especially when purchasing a house. You get a solid idea of the family dynamics. You can examine the flow of the home’s layout by spending time during an open house visit. Even if you aren’t planning on buying anytime soon, going to a few open houses help you match your internet findings to reality. Simultaneously, you get the sense of how much interest a house is getting and how keen individuals are to buy it.
Get Pre-Approved
Tracking down every house you see on the internet is exciting, but it may be discouraging if you don’t know your budget or what kind of finance, you’re eligible for. Hence, pre-approval offers to give you an idea of how much a bank is willing to lend you. Additionally, this also works positively to show sellers that you are serious about buying their property and this further assists in choosing the property as per your budget.
Search Pre-Market Home Listings
Some homes are deemed pre-market because they are not yet listed for sale on multiple listing service (MLS) platforms. Finding a home before it goes on the market could mean less buyer competition. You might catch wind of someone preparing a home for sale and be able to negotiate a sale before it is formally advertised. Traditional MLS sites may not list pre-market homes, yet many pre-market homes are listed on Protech Group.
We hope that these simple, yet important tips will prove fruitful for your home hunting journey. These are some crucial tips that everyone should know before buying a new property, be it residential or commercial. And remember, don’t get discouraged in the phase of searching for your right place as good things take time
Protech Galaxy, one of Protech Group’s biggest and most successful residential projects, stands with pride in Bhetapara, Guwahati. It will always be a pride for Protech Group for the successful journey we have had right from the commencement of building Protech Galaxy to handing each apartment to its residents. The response that we have received from our partners and clients has added to our motivation and strength to do better.
To celebrate the event, we couldn’t resist ourselves and hence, we decided to organize a grand handing-over event for our clients and partners. It was a gala event where we had absolute fun and made memories that we would cherish for years to come. The event included dinner that highlighted an assortment of cuisines along with a musical night for all our guests. Here’s a peek into some of the memorable moments from the event.
It is with pride that we announce the completion of Protech Galaxy which is now home to families and those looking for beautiful and cosy homes where they will spend the rest of their lives. Protech Galaxy is designed to be a pollution-free residential space with its rich greenery and environment-friendly spaces. Along with this, the project also boasts a series of premium amenities and facilities to ensure each resident enjoys comfort and peace.
With 2, 3 and 4 BHK apartments, the project is also equipped with modern amenities such as a swimming pool and recreation area. This allows parents to help their children be indulged in activities that enhance physical and mental focus. Along with these, the residential project also features a green lawn where people can take long walks, sit down and relax while taking in the fresh air.
What makes Protech Galaxy one of our most revered projects is its location. It is developed in close vicinity to major schools, colleges, offices and shopping centres of the beautiful city of Guwahati. This proves helpful and convenient for residents of all ages living in the society. Some of the significant locations nearby include the national highway to reach ISBT and airport, Hockey Stadium and Maharishi Vidya Mandir school.
