J&K approves Rs 2L interest-free loan for PMAY-U beneficiaries

The PMAY or Pradhan Mantra Awas Yojana is a special scheme that is aimed to help promote homeownership among the citizens of the country. Specially curated for first-time homebuyers, the scheme enables beneficiaries to enjoy subsidy on a home purchase. PMAY was initiated in 2015 and has progressively helped a large number of homebuyers attain their dream through affordable housing. PMAY-U or Urban is a component listed under the scheme…

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