All About MIG Flats How To Apply ,Requirements & Latest Updates 2023

Introduction All About MIG Flats How To Apply, Requirements & Latest Updates 2023

All about MIG flats Housing is one of a person’s basic requirements; hence, state governments in India have a number of programmes to supply MIG homes at reasonable prices. MIG stands for middle-income group, A group of people whose annual salaries range from Rs 6 lakh to Rs 12 lakh.

When the Delhi Development Authority (DDA) began offering apartments to people in the low-, middle-, and high-income categories, The term “middle-income group” first appeared. Currently, a number of state governments across the nation provide residents in these three income ranges with affordable housing options.

This article delves deeper into the MIG category, various eligibility requirements, and associated government programmes.

 


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MIG Definition

Individuals who fall into the MIG category, which was establish based on yearly income, have an annual income of between Rs 6 lakh and Rs 12 lakh. MIG-I and MIG-II are the two subgroups that make up this category. Individuals in the former group have an annual income between Rs 6 lakh and Rs 12 lakh, while those in the latter group earn between Rs 12 lakh and Rs 18 lakh. MIG-I and MIG-II are entitle to 120 sq m and 150 sq m of carpet space, respectively. Previously, the standard was set at 90 to 110 square meter.

 

Criteria For MIG Apartments

You must fulfil the requirements listed below in order to be eligible for the housing plans and facilities offered under the MIG category:

 

Government Programmes For MIG Apartments

In several Indian states, there are a number of MIG housing plans. Here is a quick overview of a couple of these plans:

 

Housing & Area Development Authority Of Maharashtra (MHADA)

The Maharashtra Housing and Area Development Authority (MHADA) was found with the intention of giving state resident access to inexpensive housing. The programme offers home loans to state residents who are 18 years of age or older, have a reliable source of income, and have a PAN card. A family’s total number of MIG housing units is determine by their total monthly income, which should fall between Rs 50,000 and Rs 75,000.

 

Housing Programme Of The Delhi Development Authority (DDA)

All Delhi residents who are 18 years of age or older are eligible for the Delhi Development Authority (DDA) housing programme, which is associate with the Pradhan Mantri Awas Yojana. The LIG, MIG, and HIG categories can all access this programme.

 

West Bengal Housing Board’s Housing Programme

The West Bengal Housing Board’s housing programme, which has been in operation since May 5, 1973, employs lotteries to assign apartments among LIG, MIG, and HIG groups. The monthly income needs to be between Rs 15,000 and Rs 40,000 to qualify for MIG apartments.

 

Tamil Nadu Housing Board Housing Programme

Under the Tamil Nadu Housing Scheme, any adult resident of Tamil Nadu who is a member of the LIG, MIG, or HIG categories is eligible to apply for affordable housing. The applicant, however, must already be a resident of the state or a recipient of any other housing programme.

 

MIG Flats Latest Updates 2023

For the 4,082 flat that were made available through the MHADA programme, more than a lakh people submit bid. 139 homes out of these 4,082 unit were set aside for the MIG group. On August 14, 2023, the authorities held the final online drawing and declared the winners.

On July 10, 2023, the DDA began the first-come, first-served booking process for 5,500 flats under the DDA Housing Scheme 2023. According to media sources, almost 25% of the apartments were reserve within ten days of the booking window starting.

The availability of such housing programmes in many Indian states has made it simpler for individuals to purchase homes within their means. So, keep an eye out for your state’s lottery announcements if you want to take advantage of these programmes.

 


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