The Andhra Pradesh State Government prepared a TIDCO Houses Assignment Scheme to provide eligible people with APTIDCO Housing Facility. The selection of beneficiaries will be based on their monthly income. The objective of the housing project is to construct more than 28 lakh homes by the end of this year. The total project will cost Rs 1, 08, 553 crore.
In this article, we will talk about APTIDCO Housing Scheme. Hence, go on reading till the end to know the features, benefits, eligibility criteria, required documents for submission and application procedure. You will also get to know about the list of beneficiaries and many more.
APTIDCO Housing Scheme 2023
The full form of APTIDCO is Andhra Pradesh Township and Infrastructure Development Centre. It is a state-level nodal organization of APTIDCO. The organization aims at building and distributing more than 28 lakh houses for selected beneficiaries.
It will be a phase-wise implementation of APTIDCO housing program. About 2.6 lakh of the around five lakh units have already been finished by TIDCO. Construction work on remaining dwelling has been shelved on due to multiple legal issues related to property purchase.
The plan includes 3 flat sizes – 300 square feet, 365 square feet and 430 square feet. Nearly 1. 43 lakh beneficiaries will get 300 square feet apartments whereas, more than 44, 000 recipients will get 365 square feet each. Each of over 74, 000 recipients would be given an apartment of 430 square feet.
Beneficiaries must make a down payment of Rs 50, 000 for a 365 square feet apartment whereas for a 430 square feet housing unit, one needs to pay Rs 1 lakh. The option of home loan is also available.
APTIDCO Housing Scheme 2023: Highlights
Name: APTIDCO Housing Scheme
Launched By: Government of Andhra Pradesh
State: Andhra Pradesh
Release Date: Yet to Be announced
Official Website: https://www.aptidco.com/
APTIDCO Housing Scheme 2023: Benefits and Features
Some of the key benefits and features of the APTIDCO Housing Scheme are as follows:
As it has been already mentioned, APTIDCO offers benefits of affordable housing, particularly in the LIC and EWS parts.
The programme offers tailored home loan benefits to the applicants, based on their financial condition.
It is a simple and straightforward process to apply for APTIDCO Housing Program.
Interested and needy candidates should visit the APTIDCO web portal to know the detail of the housing scheme and fill out the application form.
Applicants fulfilling fundamental eligibility criteria, such as being a permanent resident of Andhra Pradesh, meeting specified monthly income scale etc are eligible to apply for APTIDCO Housing Program.
A few documents are required for the APTIDCO Housing Scheme.
To apply for the APTIDCO Housing Scheme, applicants must submit their address proof, ID proof and income certificates along with the filled-out application form.
The APTIDCO Housing Scheme helps applicants obtain house loans without having to undergo any time-consuming process. Credit linked subsides are also available but only from a few chosen lenders. It will cause a dip in the house loan amount, reducing the size of their monthly payments.
APTIDCO Housing Scheme 2023: Eligibility Criteria
The applicants must meet the following eligibility criteria to be chosen for the APTIDCO Housing Scheme.
Only the permanent residents of Andhra Pradesh are eligible to apply for APTIDCO Housing Scheme.
The monthly income of the applicant must be between Rs 25, 000 and Rs 50, 000, which is considered Low-Income Category.
Applicants from the Economically Weaker Section must earn Rs 25, 000 every month.
APTIDCO Housing Scheme 2023: Required Documents
Applicants need to submit some important documents along with their filled-out application form to be selected for APTIDCO Housing Scheme.
These documents are:
Ø Aadhaar Card
Ø Voter Card
Ø PAN Card
Ø Permanent Residence Proof
Ø Income Certificate/Salary Certificate/Salary Slips
Ø Bank Passbook having details such as, bank account number, branch name and IFSC Code
APTIDCO Housing Scheme 2023: How to Apply?
- First, visit the official website of APTIDCO i.e. https://www.aptidco.com/
- You will land on the home page of the website.
- Click on the Portal Login button.
- The login page will appear on the screen.
- Enter your username and password
- Next, click on the login button. This way, you will be able to log in to your registered account.
- After successfully logged in, you will see the dashboard of your account on the screen.
- Locate the Apply Here button and click on it.
- The application form will come up on your screen.
- Fill in the form with the details asked for, such as your name, gender, date of birth, Aadhaar card number and bank account details.
- Upload the required documents along with your digital signature and a passport-sized photograph.
- Next, use your preferred payment method to pay the desired booking amount.
- Click on the submit button. Your application form will be submitted.
APTIDCO Housing Scheme Beneficiaries List: How to Check?
You need to follow the following steps to check the APTIDCO Housing Beneficiaries List:
- First, visit the official website of APTIDCO i.e. https://www.aptidco.com/
- You will land on the home page of the website.
- You will find the APTIDCO Houses Beneficiaries List on the homepage. Click on the option.
- A new page will appear on the screen, giving you the details of the district-wise Beneficiaries List.
- Finally, download the list based on your location.