Karnataka CM 1 Lakh Housing Scheme 2024: A Comprehensive Guide
The Karnataka government has launched the 1 Lakh Housing Scheme 2024, aimed at providing affordable housing to individuals from economically disadvantaged backgrounds. This initiative is designed to offer multi-story residences to those currently living in rented accommodations and struggling to maintain their living standards. The scheme will also allow beneficiaries to construct and renovate their homes as needed, providing substantial relief from monthly rent burdens.
Overview of One Lakh Housing Scheme Karnataka
The CM One Lakh Housing Scheme Karnataka is one of the state’s flagship housing programs, targeting the economically weaker sections (EWS) of society. As part of the Pradhan Mantri Awas Yojana by the Central Government, this initiative is also known as the Bangalore Housing Scheme. The scheme is set to create over 100,000 residential units in Bangalore, addressing the critical need for affordable housing in the city.
Latest news
In a recent move, Chief Minister Siddaramaiah’s administration has allocated ₹121.53 crore to support 12,153 families participating in the CM One Lakh Housing Scheme. The government will cover ₹1 lakh per housing unit, easing the financial burden on these families. This decision followed discussions with Housing Minister Zameed Ahmed Khan and representatives from both Congress and BJP.
The scheme, which was launched in September 2017, originally priced each unit at ₹6 lakh. At that time, the central government contributed ₹1.50 lakh, while the state government provided ₹1.20 lakh for the general category and ₹2 lakh for SC/ST beneficiaries.
Under the previous BJP-led administration, the unit cost was increased to ₹10.6 lakh, reaching ₹11.20 lakh with the addition of ₹60,000 GST. With the latest decision, beneficiaries will now pay ₹7.50 lakh (for the General category) and ₹6.70 lakh (for SC/ST), providing substantial financial relief to the eligible families
Key Objectives
- Multi-Story Housing: The primary aim is to construct multi-story buildings for economically disadvantaged residents of Karnataka.
- Infrastructure Improvement: The scheme targets enhancing Bengaluru’s housing infrastructure by renovating existing properties and building new ones.
- Subsidies and Renovations: Beneficiaries will receive subsidies for new constructions or necessary renovations of their current homes.
Karnataka One Lakh Housing Scheme: Key Facts
| Particulars | Details |
|---|---|
| Name of the Scheme | CM One Lakh Housing Scheme |
| State | Karnataka |
| Launched By | Rajiv Gandhi Rural Housing Corporation Limited of Karnataka |
| Announced By | The Chief Minister of Karnataka |
| Objective | To provide residential properties to General, SC, ST, and Minority categories |
| Benefit | Subsidy ranging from ₹2.70 Lakh to ₹3.50 Lakh |
| Beneficiaries | Economically weaker sections and BPL category |
| Official Website | ashraya.karnataka.gov.in |
Also read: Karnataka Housing Board Schemes 2024: latest updates and Eligibility
Karnataka One Lakh Housing Scheme: Reservation Categories
The Karnataka state government has allocated residential properties under the One Lakh Housing Scheme according to different caste and community categories. Here’s the breakdown:
| Caste Group | Percentage of Houses |
|---|---|
| General Category | 50% |
| Scheduled Castes (SC) | 30% |
| Scheduled Tribes (ST) | 10% |
| Minorities | 10% |
This distribution ensures that housing opportunities are fairly allocated across various social groups.
Eligibility Criteria
To qualify for the Karnataka One Lakh Housing Scheme, applicants must meet the following criteria:
- Permanent Residence: Applicants must be permanent residents of Karnataka.
- Income Limit: The annual family income should not exceed ₹87,000, placing them in the Low-Income Group (LIG).
- Residency Requirement: Applicants must have lived in Bangalore for at least the past five years.
- Existing Housing Programs: Individuals currently enrolled in other government housing schemes are ineligible.
- Property Ownership: Applicants must not own any residential property.
Karnataka One Lakh Housing Scheme: Required Documents
Applicants need to submit the following documents to apply for the scheme:
- Aadhar Card (Original and Copy)
- Voter ID Card (Original and Copy)
- Bank Account Details
- Income Certificate from the Revenue Department
- Caste Certificate (if applicable)
- Ration Card
- Domicile Certificate
- Labour Department Registration Number (for construction workers)
- Passport-size Photographs
- Valid Mobile Number
Benefits and Features
- Affordable Housing: The scheme will create one lakh multi-story homes for the state’s economically weaker sections.
- Subsidies: Financial assistance will be provided for both new constructions and the renovation of old houses.
- Eligibility: Open to Karnataka residents with an annual income of up to ₹87,000 who have resided in Bangalore for the last five years.
- Online Application: Applications can be submitted online at ashraya.kar.nic.in.
The Karnataka CM One Lakh Housing Scheme 2024 is a significant step towards improving housing conditions for the state’s underprivileged residents, offering them a chance to own quality homes and enhance their living standards.
Karnataka One Lakh Housing Scheme: How to Apply Online
For one lakh housing scheme karnataka online application, visit the official webiste of CM Housing scheme in karnataka https://ashraya.karnataka.gov.in/
Click on Cheif Minister’s Bangalore Housing scheme option which is availaible in Home page. This is for both 1BHk and 2BHK multi-storey Flats, you can choose any one of your choice
You will be redirected to a new page to submit an online application. click on Application submission
Next you need to enter Assembly constituency and Area to continue with online submission of application. provide location details and Address too
Enter additional details such as your annual income, age, and caste information.
Proceed to pay the registration fee of ₹100 using your chosen payment method.
Click the “Submit” button to finalize and submit your application
Also read: Yeida Plot Scheme 2024: Complete Guide to Application, Eligibility, and Pricing
Karnataka One Lakh Housing Scheme: How to Check the Application Status
Visit the Karnataka one lakh Housig scheme official website ashraya.karnataka.gov.in
Click on Beneficiary status and enter your district and benificary number . click on submit option to check the status of your one lakh housing scheme application status
Karnataka One Lakh Housing Scheme: How to Check Name in the Beneficiary List
After accessing the Karnataka CM Housing Scheme beneficiary list, you can quickly find your name by inputting your name, ration card number, or registered mobile number into the search tool.
The Karnataka One Lakh Housing Scheme portal also offers the convenience of downloading the beneficiary list directly to your device, allowing you to review and verify details with ease.
Karnataka One Lakh Housing Scheme: Subsidy Overview
Under the Karnataka One Lakh Housing Scheme, the state government provides housing options at subsidized rates. Beneficiaries can receive a subsidy ranging from ₹2.70 lakh to ₹3.50 lakh, depending on their caste and category. This initiative is aimed at making housing more affordable for eligible residents.
Karnataka One Lakh Housing Scheme: Home Loan Details
For beneficiaries allocated flats under this scheme, a payment of 10% of the total house cost is required at the time of allotment. Additionally, beneficiaries have the option to apply for a home loan to finance the remaining balance.
Follow these steps to secure the best home loan offers:
Step 1: Visit the websites of various banks to compare the benefits and features of their home loan offerings.
Step 2: Locate and complete the online home loan application form from your selected bank, ensuring you provide all necessary information.
Step 3: Submit essential documents, including proof of age, identity, address, and income, as required by the lender.
Step 4: Finalize the process by submitting your application form along with the required documents.
Step 5: Await the bank’s approval of your home loan application and the subsequent disbursement of the loan amount to your bank account.
Ensure that all provided information and supporting documents are accurate and up-to-date to avoid any issues with your home loan application.
Karnataka One Lakh Housing Scheme: Status and Timelines
Here is a summary of the Karnataka One Lakh Housing Scheme’s progress and key milestones:
| Year | Details |
|---|---|
| 2016 | The Karnataka CM Housing Scheme was officially announced. |
| 2016-17 | The Union Government sanctioned ₹600 crores for the One Lakh Housing Scheme in Karnataka. |
| 2018 | Tenders were issued for the One Lakh Housing Scheme in Karnataka. |
| September 2022 | 2,000 residential units were allocated to beneficiaries. Construction for an additional 46,000 homes commenced on 490 acres of land. Of the total sanctioned amount of ₹1,500 crore, ₹600 crore has been released. The state has contributed an extra ₹583 crore to expedite the construction of the remaining 52,000 homes. |
This timeline highlights the scheme’s development and financial support aimed at achieving its objectives.
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Karnataka One Lakh Housing Scheme: Key Takeaways
The Karnataka One Lakh Housing Scheme stands out as a premier residential initiative launched by the state government. One of its major advantages is the straightforward online application process, which allows you to apply with ease. Simply provide the necessary information and submit the required documents.
Before you apply, verify that you meet the eligibility criteria for the scheme. Adhering to the correct application procedure will help avoid any delays in the housing allotment. Best of luck with your application!
Frequently Asked Questions:
The Karnataka One Lakh Housing Scheme is a state government initiative aimed at providing residential properties to economically disadvantaged families. It includes various categories such as General, SC, ST, and Minorities
The scheme was launched by the Rajiv Gandhi Rural Housing Corporation Limited of Karnataka, under the announcement of the Chief Minister of Karnataka
Applicants must be residents of Karnataka, belonging to economically weaker sections or the BPL category, and should not own any housing property. They must also have lived in Bangalore for the last five years and must not be enrolled in another government housing scheme.
Applications can be submitted online through the official website ashraya.karnataka.gov.in. You will need to provide personal details and submit relevant documents
The scheme offers a subsidy ranging from ₹2.70 lakh to ₹3.50 lakh depending on the category of the beneficiary. It aims to alleviate financial burdens and improve living conditions
As of September 2022, 2,000 houses have been distributed, and construction for an additional 46,000 homes is underway. The project has received financial support from both the central and state governments to accelerate construction.
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