BDA Bareilly PMAY Flats Registration Starts, Allotment From June 7

The authority had recently completed the construction work of as many as 110 residential flats under the scheme and registrations have been initiated for these flats in phase one. The last date for getting registered is June 6. From June 7, the process of allotment will start.

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BDA Bareilly PMAY Flats Registration Starts, Allotment From June 7

Bareilly Development Authority (BDA) has initiated the process of registering flats under PMAY flats (Pradhan Mantri Awas Yojana) at Ramganga Nagar. Post registration, allotment of the registered flats will be undertaken. As many as 110 residential flats in the first phase will be alloted.

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Later, tenders for another 114 flats will be floated and construction will be initiated. BDA has a target to allot a total of 254 flats in the current fiscal year under the housing scheme. The process of registration will continue till June 6, said officials.

Secretary of Bareilly Development Authority, said, the authority had recently completed the construction work of as many as 110 residential flats under the scheme and registrations have been initiated for these flats in phase one. The last date for getting registered is June 6. From June 7, the process of allotment will start.

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He added, for registration, a person needs to buy a form worth Rs 50, available at the BDA office or in the Axis bank branch in Civil Lines area. A sum of Rs 25,000 is to be deposited by people at the time of registration. The remaining amount (Rs 1.75 lakh) can be deposited in instalments.

According to the information from BDA, the total cost of one flat is Rs 4.5 lakh but they are being allotted at a cost of Rs 2 lakh as there is a subsidy of Rs 2.50 lakh. Under the subsidy breakup, Rs 1.5 lakh is being paid by the central government while Rs 1 lakh by the state government. The remaining amount (Rs 1.75 lakh) is to be paid by the beneficiary.

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The housing scheme at Ramganga Nagar is a project spread on around 269 hectares of land and the foundation stone was laid in 2004. The development process is running at a slow pace due to some pending land disputes with farmers, officials said.

Source Link- https://timesofindia.indiatimes.com/

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