DEEN DAYAL JAN AWAS YOJNA

Introduction
Deen Dayal Jan Awas Yojna (DDJAY) is an affordable housing plotting policy introduced by the Government of Haryana in 2016. The primary aim of this policy is to promote the development of affordable high-density residential plotted colonies in low and medium potential towns of the state. Under this scheme, the government aims to provide 2 lakh affordable housing units by the end of 2022. This article will delve into the key features, benefits, and the process of applying for a PMAY subsidy under the DDJAY scheme.

Key Features of Deen Dayal Jan Awas Yojna
The Deen Dayal Jan Awas Yojna offers several key features that make it an attractive option for those looking to own a piece of land and a house in urban areas of Haryana. Some of the notable features include:

Plot Area and Development
The maximum plot area determined under DDJAY is 150 square meters. Out of the total planned residential area of the city, 30% is allocated for the development of these plotted colonies. To ensure proper planning and infrastructure, the minimum area covered under these projects should be 5 acres, while the maximum area allowed is 15 acres.

Licensing and Registry
The grant of a license under this policy is considered against the 20% group housing area limit. Once the 20% area limit is exhausted, a 10% extended limit under the residential zone of the net planned area can be provided. Separate floor registry is provided under this policy, allowing independent ownership of floors.

Community Facilities and Amenities
One of the unique aspects of DDJAY is that the colonizer is required to transfer 10% of the licensed colony to the government for the development of community facilities. These facilities, such as open parks, community halls, shopping centers, and play schools for kids, are provided within the premises of the plotted colonies.

Financing Options
DDJAY offers attractive financing options for buyers. The policy promotes 80% loan facility on the plots, making it easier for buyers to secure financing. Additionally, 100% home loan is allowed on construction, further easing the burden on buyers.

Purpose of Deen Dayal Jan Awas Yojna
The primary purpose of Deen Dayal Jan Awas Yojna is to provide affordable housing options to the people of Haryana. The government aims to develop residential townships spread over a minimum of 5 acres and a maximum of 15 acres of land. This policy aims to address the housing needs of the people by developing high-density plotted colonies in low and medium potential towns. By providing affordable housing options, the government aims to fulfill the dream of owning a home and land in urban areas within the means of the residents.

Benefits of Deen Dayal Jan Awas Yojna
There are several benefits associated with the Deen Dayal Jan Awas Yojna, making it an attractive choice for potential buyers. Some of the key benefits include:

Independent Floor Registry
One of the significant advantages of DDJAY is the provision of independent floor registry. This allows buyers to have complete ownership of their individual floors, providing flexibility and security for future use.

Gated Complex and Security
The policy promotes the development of gated complexes for enhanced security of the residents. Gated complexes provide a sense of safety and privacy, making it an appealing option for buyers.

Stilt Parking
DDJAY also provides the benefit of stilt parking. Having dedicated parking space within the premises of the plotted colonies ensures convenience and ease of access for residents and their visitors.

Loan Facilities
Buyers under DDJAY can avail themselves of attractive loan facilities. The policy promotes 80% loan facility on the plots, allowing buyers to finance their purchase easily. Additionally, 100% home loan is allowed on construction, further reducing the financial burden on buyers.

Community Facilities and Amenities
Plotted colonies developed under DDJAY are equipped with various amenities, including open parks, community halls, shopping centers, and play schools for children. These facilities enhance the quality of life for residents and create a sense of community within the plotted colonies.

PMAY Subsidy Benefits under DDJAY
The Pradhan Mantri Awas Yojna (PMAY) is a government scheme that focuses on "Housing for All." Buyers under DDJAY are eligible for a subsidy of 2.67 lakhs on the loan amount. This PMAY subsidy provides an additional financial benefit to buyers, reducing the burden of loan repayment and making it easier for them to purchase their dream property.