The Pradhan Mantri Awas Yojna Scheme is an initiative by the central government to provide affordable housing to the economically backward sections of urban India. This scheme aims to provide subsidized interest rates on home loans to those who fall in the economically backward and low-income groups. This will ease the financial burden on those wishing to own their home. The scheme also aims to provide basic facilities like water supply, sanitation, and infrastructure to those living in slums and backward areas in urban locations. The central government extended the scheme tenure to 31st December 2024 after receiving requests from the states and union territories.
Urbana by Intercontinental
Urbana by Intercontinental is an expansive integrated township project built to fulfill the needs and desires of its future residents.
The highlights include:
1. 6.5 acres township of well-planned residential clusters
2. 780 units of 1 and 2 BHK residences
3. Landscaped garden, temple, and multi-purpose court.
4. Dedicated amenities and parking spaces attached to towers.
5. Located at upcoming Chakan location an upcoming residential location in Pune.
Fulfilling the dream with Urbana
The Urbana project by Intercontinental falls in the affordable range. Owning a dream home in one of the best projects of Pune is now within the reach of those who fall in the low-income groups. The project has ties with all the major banks and financial institutions that disburse home loans. By following the procedure of availing the PMAY scheme aspirants from the low-income and economically weak groups can buy a home at Urbana. They can fulfill the dream of living a comfortable life with the best amenities at Pune’s upcoming residential hub.
Chakan, a region in the Pune Metropolitan Area in India, has become an attractive option for homebuyers in recent years. The booming IT industry and multinational companies have motivated the government to develop many housing projects in Chakan. Several factors contribute to its appeal as a residential destination.
Proximity to Pune: Chakan is located approximately 35 kilometers from Pune, making it a viable option for those who work in Pune but prefer a quieter and more affordable living environment. The city’s growth as an industrial hub has also led to increased employment opportunities, drawing in residents of 1 BHK flats in Chakan.
Infrastructure Development: Chakan has witnessed significant infrastructure development, including improved road networks and public transportation options. There is a good frequency of public transport connecting Chakan to Pimpri – Chinchwad and Pune city. This makes it easier for residents of 2 BHK flats in Chakan to commute to Pune and other nearby areas.