Financing Pattern
Sl.No |
Description |
Amount |
1 |
Unit Cost |
82,500 |
2 |
Individual Bank Loan |
74,250 |
3 |
Beneficiary Contribution |
8,250 |
Eligibility
a) The beneficiary shall have 5 years of proven residence in the concerned Municipal Corporation/ Municipality and should enclose public documentary proof.
b) The annual income of the beneficiary shall not exceed Rs.36,000/- per annum and should at least be Rs.24,000/- per annum for loan eligibility and self certification would suffice at the time of applying.
c) He/She must have not benefited under any other Housing Scheme
d) He/ She must have repayment capacity of loan in stipulated time period.
Loan Repayment
a) Repayment period
b) Rate of Interest (as decided by Banker)
c) No.of Installment
d) Installment Amount
Mode of Construction
a) The gross plinth area of the house shall be up to 250 sq.ft including
the common areas.
b) Multi storied constructions of G+3 pattern is to be followed.
Scheme Sanctioning Authority
Please contact the District Collector / Executive Director or Municipal Commissioner District Manager A.P.State Housing CorporationLimited of the District concerned so further details.
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