Tamil Nadu Housing Board (TNHB) invites applications from lower income group (LIG) for the allocation 510 flats. These flats are available in TNHB Mahakavi Bharati Nagar Housing Scheme 2017 launched under government sponsored housing mission named as Pradhan Mantri Awas Yojana.
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TNHB Mahakavi Bharati Nagar Housing Scheme 2017
Flats in the scheme are available in the plinth area of 687 square feet which cost around 28.33 lakh. Besides this scheme, two other scheme are also launched by TNHB at Ambattur and KK Nagar Divsion.
TNHB MKB Housing Scheme 2017 Benefits:
The scheme is launched under PMAY so the beneficiary of the TNHB New Housing Scheme 2017 will get the benefits of PMAY.
Through this scheme, Tamil Nadu Housing Board will arrange a home loan from Bank like IIFL under PM Awas Yojana which would help the beneficiary in purchasing the house through easy instalments. An interested subsidy of 6.5 percent will be given to the beneficiary on the loan amount of Rs. 6.0 lakh and this loan will be provided for the loan period of 15 years or less. Maximum subsidy of 2.2 lakh will be provided to a single beneficiary.
Applications for flats in the scheme are being invited on first come first basis.
How to Apply:
Intereste people can purchase the application form from the office of Executive Engineer and Administrative Officer, Special Project Division-1, Tamil Nadu Housing Board, TNHB Shopping Complex, llnd Floor, Rear Wing, Ashok Nagar, Chennai-600083 by paying the cost which further to be submitted along with the initial deposit in the same place.
Dates to Remember
Scheme Starts: 30 January 2017
Scheme Closes: Open till the Sale Flats
Further information can be obtained by from the official website of TN Housing Board.