Nagpur Improvement Trust to hold lottery for PMAY houses again – ET RealEstate

File photo

NAGPUR: Civic agency Nagpur Improvement Trust (NIT) has decided to hold lottery for its tenements built under Pradhan Mantri Awas Yojana (PMAY) as many applicants could not get bank loan during Covid lockdown.

Addressing a press conference on Wednesday, NIT trustees Bhushan Shingane and Vijay Zalke said out of 4,479 PMAY tenements, only 1,200 had been allotted. “Many people could not get loans, so we want to give them another chance. These houses are located in Wathoda, Tarodi and Wanjri,” they said.

When pointed out that the very objective of the scheme was defeated if banks were not giving loans to poor for buying PMAY houses, the two BJP leaders said, “It is a central government scheme being executed by NIT. Banks are independent bodies. We can’t influence them.” “Banks should give loans to applicants as the house is the collateral,” said Zalke.

Other decisions taken in the board meeting include handing over four sewage treatment plants (STPs) in Jaitala area to Nagpur Municipal Corporation, allotting vacant pre-fabricated houses in Nandanvan to needy people, okaying NIT’s 12.5% share for upgrading Government Medical College and Hospital (GMCH) and All India Institute of Medical Sciences (AIIMS), maintenance of NIT gardens etc.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *