Double Bedroom Scheme for Urban Middle Class People

Good News for Urban Middle Class People

We know that recently Telangana Government successful completed  and launched double bedroom houses for weaker section at IDH Colony secunderabad. Telangana Govt winning appreciation from this section.

Now T-Govt focusing on improving the living condition of the urban middle class people. Any urban citizen with an annual income above Rs 3 lakh and below 6 Lakh, is eligible to own house under the scheme.

The Telangana Government is also looking thoughtfully for a long time to tap the  Credit Linked Subsidy Scheme (CLSS) of the Union Ministry of Housing and Urban Poverty Alleviation. "CLSS" is very good scheme. This is till now no other state Govt tapped well. They are trying to utilize in a big way. Our Chief Minister Sri K Chandra Shekhar Rao himself announced that the state Govt would utilized CLSS during a press briefing recently. The officals of the housing scheme are going to out of the full details.  

What is CLSS  and what is the benefit under this scheme?

CLSS stands for Credit Linked Subsidy Scheme. Under this scheme the Government will provide an interest subsidy for the first six lakhs of the loan for fifteen years tenure. This interest subsidy will be paid to the respective financial institution/Bank. So the beneficiaries will get Rs 2.5 interst subsidy for fifteen years tenure. Note this scheme applicable loan upto 6 lakhs only. It will not applicable above 6 lakhs.

Proposals already sent for double bed room scheme 

The Telangana Government already sent proposal on This Thursaday (17th Dec 2015). These proposals for construction of 62,000 houses to the Central Government under the housing for all. The Center recently sanctioned 10,190 houses under housing for all.

Anyway this is really very good news for the middle Class people who are living at Urban Area and theit income is above three lakhs and below 6 lakhs.

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