Kerala Housing Board Scheme 2024
The Kerala government constantly introduces new programs to boost the state’s economy. As the state’s economy grows and contributes equally to societal welfare, the Kerala Housing Board was created. Thiruvananthapuram is where the Kerala Housing Board’s headquarters are. The Kerala Housing Board would offer loans to those who are less fortunate economically. The Kerala State Housing Board is essential to the execution of the state government’s housing policies. Its goal is to make safe and cheap homes available to everyone in Kerala. Additionally, the initiatives and lending programs of the Board have assisted numerous families in the State in realizing their dream of home ownership.
Kerala Grihashree Housing Scheme Details in Highlights
| Name | Kerala Housing Board Scheme |
| Other Name | Grihashree Housing Scheme |
| Department Name | Kerala State Housing Board |
| Beneficiary | State Poor People |
| Benefit | Provides Home Subsidy |
| Official Website | http://kshb.kerala.gov.in/kshbsite/ |
Kerala Housing Board Scheme Objectives
The main objectives of the Grihashree Housing Scheme are as follows:
- To provide funding for homeless families to build houses
- Assist low- and middle-income households in obtaining homes at discounted costs and taking advantage of discounted home loan interest rates.
- Make sure anyone looking to develop homes in Kerala can readily access loans
- The strategy will speed up the construction of contemporary urban infrastructure that provides access to roads, water, power, and other fundamental services.
- The plan intends to build contemporary cities with a range of amenities.
Benefits of the Kerala Housing Board Scheme
Some of the key benefits of the scheme are as follows:
- A house with a minimal footprint of 40 square meters costs Rs. 4 lakh after subsidies.
- Under this program, dwellings are expected to cost between Rs. 4 lakh and Rs. 6 lakh.
- In this Rs. 4 lakh project, the beneficiary must additionally contribute Rs. 1 lakh as a contribution, in addition to the Rs. 1 lakh required by the project’s sponsor.
- This time, the house will be finished within a year. Home construction will continue to advance.
- Four phases are used to provide the homes under this program.
Eligibility Criteria for Kerala Housing Board Scheme
The eligibility criteria for Grihashree Housing Scheme are as follows:
- The recipient needs to live in Kerala permanently.
- If a candidate wants to purchase land or a house at a reduced price, he or she should not already own any property.
- The applicant must own a bank account and the full text of all bank passbook transactions.
- Those in LIG and MIG should have their APL or BPL ration cards to apply for loans and dwellings that are subsidized.
- The loan repayment duration would be between three and ten years if you were to take out a loan to buy a house. Monthly installments will be used for the repayment procedure.
- The applicant’s age must be at least 55 years old.
Documents Required for Grihashree Housing Scheme
Some of the important documents required for the scheme
- Applicant Identity Card
- Address Proof
- Applicant’s Annual Income of Family
- Ration card depicting category of APL, BPL, etc
- Mobile Number
- Applicant’s Salary slip
Steps to Apply for Kerala Housing Board Scheme
To Apply for Kerala Housing Board Scheme, the user needs to follow the below-given steps:
- First of all, go to the official website of the Kerala Housing Board Scheme i.e., http://kshb.kerala.gov.in/kshbsite/
- The homepage of the website will open on the screen
- Click on the Grihasree Housing Project link
- The application form will open on the screen
- Now, fill in the form with all the required details
- After that, upload all the required documents
- Finally, submit the application form to the concerned department
