Samajwadi Awas Yojna: Uttar Pradesh’s Initiative for Affordable Housing

The Samajwadi Awas Yojna, introduced by the Uttar Pradesh government, is a comprehensive housing policy designed to bridge the gap in affordable housing for the Economically Weaker Section (EWS), Lower Income Group (LIG), and Medium Income Group (MIG) of society. Since its inception, several development authorities under the state government have rolled out various housing schemes to meet the diverse needs of these income categories.

Key Housing Schemes Under Samajwadi Awas Yojna
The following are some of the prominent housing schemes launched under the Samajwadi Awas Yojna:

Indraprastha Housing Scheme
Samajwadi Lohia Enclave Awas Yojna
Anand Vihar Housing Scheme
Lohia Greens Housing Scheme
Vasundhara Enclave Housing Scheme
Shatabdi Nagar Affordable Housing Scheme
Ramganganagar Housing Scheme
New Affordable Housing Scheme in Lucknow
These schemes offer a range of flats for the MIG, EWS, and LIG categories, addressing the housing shortage and making homeownership more attainable for the underprivileged.

Indraprastha Housing Scheme 2015
The Ghaziabad Development Authority launched the Indraprastha Housing Scheme at Indraprastha Pocket-D, Ghaziabad, offering 888 flats across various categories at affordable prices. The scheme was open for applications from March 10 to April 10, 2015. More details on the scheme can be found on the official website.

Samajwadi Lohia Enclave Awas Yojna
Lucknow Development Authority’s currently running scheme, Samajwadi Lohia Enclave Awas Yojna, offers 5,779 multi-storey flats for EWS, LIG, and MIG categories at Devpur Para, Lucknow. The registration period was from February 2 to March 31, 2015.

Anand Vihar Housing Scheme
Under the Anand Vihar Housing Scheme, the Hapur Pilkhuwa Development Authority offered 198 multi-storey flats for LIG and MIG categories. Located at Anand Vihar Yojna NH-24, the application period was from February 20 to March 20, 2015.

Lohia Greens Housing Scheme
The Bareilly Development Authority launched the Lohia Greens Housing Scheme with 447 flats. Alongside the Ramganganagar Housing Scheme, these initiatives aimed to provide affordable housing options, although registration for both schemes has since closed.

Vasundhara Enclave Scheme
The Gorakhpur Development Authority introduced the Vasundhara Enclave Scheme, offering 240 flats for the MIG category at Gautam Vihar Extension. The registration for this scheme is now closed.

Shatabdi Nagar Affordable Scheme
One of the largest schemes by the Kanpur Development Authority, the Shatabdi Nagar Affordable Scheme, invited applications for 7,360 units located at Shatabdi Nagar, Kanpur. The registration period started at the end of January and closed on March 3, 2015.

Future Prospects and Expansion
The Uttar Pradesh government is not only focused on the current housing schemes but is also planning the development of new townships. These future projects are expected to offer thousands of additional flats for MIG, LIG, and EWS categories, further expanding the reach of affordable housing in the state.

The Impact of Affordable Housing Schemes
Affordable housing schemes like the Samajwadi Awas Yojna play a crucial role in improving the quality of life for lower-income families. According to a report by the Ministry of Housing and Urban Affairs, as of January 2021, the Pradhan Mantri Awas Yojana (Urban) has sanctioned over 1.1 crore houses for urban India, with Uttar Pradesh being one of the significant beneficiaries. Read more about PMAY-U.

Conclusion
The Samajwadi Awas Yojna is a testament to the Uttar Pradesh government’s commitment to addressing the housing needs of its citizens. By providing affordable housing options, the state is not only empowering its residents but also stimulating economic growth and social stability. As the program continues to evolve, it is expected to leave a lasting impact on the urban landscape and the lives of countless individuals seeking a place to call home.

What Government Should Do to Attract Buyer’s Sentiments?

Consumers are searching and active but the housing sentiment indices constructed have been at rock bottom in this quarter for the FY 2014-15.

Consumers are hanging on for clear indications that the market is ready to be entered into. Even though there has been a lot of noise in the markets, none of them have come through to the surface. Here is a list of 5 points which would help to revive the sluggish property market.

1. Realty developers have not ceased to build in the past couple of years. However, if most of these properties are disputed in terms of delivery dates, specifications, prices, sizes, escalation and add on demands, there is no clear mean that the problem shall be resolved for consumers. Taking on the battalion sized legal departments of real estate conglomerates is quite daunting for consumers which is why consumer sentiments are on the lower side too. Quicker implementation of real estate regulator which has under purview city departments which grant approvals to newer developers, consumers and projects shall be steps forward.

2. Consumers today await a drop in interest rates for home loans to drop before they enter the market for a purchase. It was observed in the past that when rates are increased, older consumers have to pay more money keeping in line with floating interest rates. However, special rates and rate cuts are often reserved for new consumers of home loan. Any assurance to consumers that irrespective of when they take home loans, the slashes in rates shall be passed on fairly to them and not just new consumers shall instil confidence in borrowers.

3. Larger numbers of people have multiple houses and even if they lease out their spare properties, they do it with much hesitation as rental laws are biased heavily towards tenants. However, when it comes to defaults landlords have to approach long drawn legal systems. Simpler rental laws shall bring more confidence among landlords and help them unlock unoccupied urban houses.

4. Policies for real estate must be less self-centres. When coffers run low, city administrations increase registration values and property taxes. However, it has been seen that amounts collected increase when rates of taxes are lower and consumers pay taxes voluntarily. Government policies must favour realty consumers for bringing back confidence. The launching of affordable housing policies as well as affordable properties in Gurgaon, Haryana pushed up launches in the segment.

5. Governments must address social housing for ensuring that everyone has house that can be lived in. It would be the perfect test for the concept of smart cities in the country.

Five Fun Things New Homeowners Experience

Congratulations on your new home!

You’ve secured the mortgage and you’ve got the keys. A new phase is about to start and this is a stage that is familiar to anyone who has ever bought a house. You might think the hard work and decision-making are over. But really, you’re not there yet. A new world will open to you – fabric swatches, paint charts and furniture await.

But fret not. Now that you have your very own house, you are absolutely going to love every minute of the “hard work.”

This “new homeowner syndrome” is something to be enjoyed. And with every transition in our lives, something to be enjoyed while it lasts.

Now, let the fun begin. These are 5 things new homeowners know to be true.

1. You just have to talk about home-related topics every chance you get, in every conversation you have. No matter what.

When you meet your friends or they come over to visit (of course, they just have to drop by!), you will find yourself “showing off” your new home. Oh, the pride you feel! That beaming smile you just can’t stop! If they are in your home, you will be surprised that your feet suddenly have a life of their own, dragging them into the living room or heading towards the backyard. Perhaps even inviting them to tour the second floor followed by a stop in the basement.

Along the way, you talk nothing but home-related things – the merits of wood floor over carpet or vice-versa; the happiness in vaulted ceilings and eat-in kitchens. You even do an amateur presentation of fabric swatches and eagerly ask for their opinion on the best look. They of course will nod politely, agreeing to almost everything. And that is your cue to stop talking and make some tea.

2. Your idea of fun on weekends now constitute hanging out at home improvement or home decorating stores

With a new-found passion you never thought possible, you feel a fanaticism to furniture, home decorations, appliances, and even carpentry tools (for that DIY you have in mind).

You never believed before in the joy of browsing the shelves of your local home improvement store or leisurely looking at furniture pieces. Now you even check out lying on the bed and sitting on the couch to get the feel. You are now officially a converted homeowner!

3. What clothes? Your priority changes. Now it’s all about fabric swatches and quality decors.

You will happily swap fashion for interiors. Shopping for clothes or shoes will take second priority and perhaps won’t even come close to your focus on getting your hands on the most beautiful area rug and cushions; or the beddings and comforter that are heaven to touch, and the most luxurious table cloth.

Welcome to the world of excited new homeowners.

4. You develop an obsession for color schemes

Your mind focuses on the perfect shade, complementing hues, and the difference between lemon yellow and amber yellow. This notion becomes of high importance. Weighing the pros and cons of light and dark shades for your home is constant. A sunlight means opportunity to compare beige and a darker caramel color, and afternoon rays are about observing how light reflects on those wall hangings.

5. “Before” and “After” photos take on a whole new meaning. They’re about home makeovers, not much about people’s transformations.

You no longer care about the make-over photos or the toned, trimmed after photos of people who kept their work-out regimen. It’s about homes that look fabulous after a new paint work or a new landscaping project. You get your inspiration from interior design books and home improvement websites.

You might even go tohomes for sale websites like many new homeowners to get ideas from other properties in the market.

Being a new homeowner is an experience to treasure. For one, not everyone has the chance to own a home. So count yourself blessed for having the opportunity to be a homeowner. Second, the newbie stage of having a new home shall pass too. Hence, savor the feeling and enjoy the ride. Lastly, it is always fun to do something for yourself. Whether it is home improvement or experimenting on DIY projects, or other things other than home-related, learning should never be a dull thing.

Meanwhile, if you are a future homeowner, currently searching the market for a home, particularly in the Greater Denver area of Colorado, The Blake Team-Keller Williams Realtyis your best choice for Buyer Specialists to assist you in your search for a new home.

The Blake Team is an award-winning, full service real estate company in Aurora, Colorado that specializes in Buying and Selling. If you are looking for a home in the Greater Denver and Aurora areas, The Blake Team has an extensive database of properties that goes beyond the usual active listings you see in the market. The Blake Team has foreclosures, Short Sale, HUD homes, Pre-listed properties, as well as premiere luxury real estate.