Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT
Loans For You
Loans for Business
Investment
Insurance
Apply

Quick Links for loans

Quick Links for Insurance

Investment

Offers Quick Pay
Back

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure
Know More
Back

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required
Know More
Back

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients
Know More
Back

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer
Know More
Menu  
 
Apply Now

Tata Capital > Blog > What Are the Different Housing Schemes in the Different States of India?

Loan for Home

What Are the Different Housing Schemes in the Different States of India?

What Are the Different Housing Schemes in the Different States of India?

If you are looking for ways to own a home in India, several state government housing programmescan help you realise your dream. To achieve affordable housing for all, authorities have rolled out the following schemes.

DDA Housing Scheme

The first in the state-wise housing schemes is the specialised offering from Delhi Development Authority (DDA). This scheme provides high to medium to low-income homebuyers with apartments within city limits. The DDA Housing Scheme also ensures reservation of apartments at economical rates for the Economically Weaker Section (EWS). This way, the imitative empowers the EWS applicants to shift their families to homes of their own.

Even though the DDA flats are offered at affordable prices, you can opt for housing finance to purchase them. And now is the best time to avail one as home loan interest rates are at an all-time low.  Flats under this scheme are available in Narela, Dwarka, Manglapuri, Rohini, Vasant Kunj, Jasola, and more.

Eligibility criteria

  • You must be a citizen of India.
  • You must be a minimum of 18 years of age.
  • You, your spouse or children must not own a residential property bigger than 721 sq. ft. anywhere in any urban area of Delhi.
  • You can only apply for a subsidised EWS flat if your annual income is less than Rs. 1 lakh.
  • You must have a PAN Card.

Additional Read: What Are the Prominent Affordable Housing Schemes Available in India?

Tamil Nadu Housing Board Scheme

The Tamil Nadu Housing Board Scheme or TNHB caters to the residential demand in the state and ensures easy accessibility to good quality homes. Under this scheme, the Tamil Nadu government provides affordable apartments to natives of Tamil Nadu.

Applicants can assume ownership of their affordable flat after furnishing a nominal deposit and an application form.

Eligibility criteria

  • You must be a native of Tamil Nadu.
  • You must be at least 21 years of age.
  • ●     This scheme is for first-time homebuyers only. So, you must not own residential property or a plot of land through any other housing schemes.

NTR Urban Housing Scheme

If you are a resident of Andhra Pradesh and are scouting for affordable housing, turn to NTR Urban Housing Scheme. The stellar feature of this scheme is that the beneficiary needs to put in just one-third of their home loan principal amount, while the rest is taken care of by the central and state governments.

Eligibility criteria

  • You must be an Andhra Pradesh resident.
  • You should either have a Below Poverty Line (BPL) card or a white ration card.
  • You must not own any plot or pucca house under any other government scheme.

Additional Read:  5 Reasons Why Investing in Government Housing Schemes is a Smart Option

The bottom line

Do you want to buy a home under any one of these schemes but fall short on finances? Fret not! Reach out to Tata Capital. We extend home loans at competitive interest rates and flexible repayment terms.

Before applying, evaluate your EMIs payable by using a home loan EMI calculator available on our website.

So, don’t wait any longer! Apply for housing finance with us today.

Apply For House Loan

Say Hello to Your New Home with Our Easy Home Loans!

Apply now
Popular Searches
anyror modt charges 712 utara online gujarat pre emi calculator earnest money deposit Goa Land Record earnest money khasra number meebhoomi Assam Land Record
Disclaimer

Most Viewed Blogs

Trending Blogs

Calculator

Personal Loan EMI Calculator

Personal Loan EMI Calculator
Home Loan EMI Calculator

Home Loan EMI Calculator
Business Loan EMI Calculator

Business Loan EMI Calculator
Used Car Loan EMI Calculator

Used Car Loan EMI Calculator
Two Wheeler Loan EMI Calculator

Two Wheeler Loan EMI Calculator
Loan Against Securities Calculator

Loan Against Securities Calculator
Loan Against Property Calculator

Loan Against Property Calculator
More Tools
Our Subsidiaries
Our Other Websites

Useful Links and Resources

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Policies, Codes & Other Documents

Most Important Terms & Conditions - Home Loans

Download in your preferred language

Download

Tata Capital Solutions & Services

Uh oh, something went wrong

Please try again later.