Tag: affordable housing Bhubaneswar

Latest StoriesResidential

Bhubaneswar: 100 Flats Delivered in Shantipalli Awas Phase 3

File Photo BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) and the Bhubaneswar Development Authority (BDA) have successfully allocated over 100 additional units at the Shantipalli Awas Yojana to beneficiaries, enhancing quality living conditions. This marks the third allotment phase of the Shantipalli Awas Yojana, also known as Keshari Residency at Satya Nagar. This initiative is part of three affordable housing projects under the PM Awas Yojana in Bhubaneswar. Construction is ongoing for the other two projects, Ekamra Residency and Barunei Enclave, located at Buddha Vihar and Subuddhipur, respectively. With this latest round, the total beneficiaries who have received homes in the…

Latest StoriesResidential

Bhubaneswar Teams Up with Bank for Urban Poor Home Loans

BHUBANESWAR: To assist beneficiaries of affordable housing projects in obtaining accessible home loans, the Bhubaneswar Municipal Corporation (BMC) has collaborated with a leading private sector bank. A recent meeting focused on outlining the respective roles of the bank and the civic body in launching a pilot project aimed at helping urban poor beneficiaries navigate complex banking regulations. The pilot initiative will support 600 beneficiaries who have been allocated homes within various affordable housing schemes in Bhubaneswar but face challenges in contributing their share towards the properties. These projects are implemented under the Pradhan Mantri Awas Yojana (Urban) 2.0. In the…