Scheme for Promotion of Affordable Rental Smart Housing (SPARSH 2.0): Rent Subsidy
The scheme aims to reduce the rental burden on workers and economically weaker section families residing in affordable rental housing complexes.
About This Scheme
Benefits
Subsidising the stay of urban poor and labourers in housing complexes registered or constructed under the SPARSH 2.0 scheme, either by a private player under vertical 1 or 2 or by any PSUs, Autonomous bodies, etc., under vertical 3
1. All EWS families staying in the housing complexes registered or constructed under the SPARSH 2.0 scheme shall be entitled to a rent subsidy of Rs. 500 per month per person subject to a maximum of 5 persons in a family.
1. For any housing complex registered under the SPARSH 2.0 scheme, such subsidy shall be allowed for a period of not more than 20 years from the date of Registration, or till 40 years from the date of construction, whichever is earlier.
1. Subsidy shall be transferred to any lady member of the family in her account through Aadhar-linked bank transfer in case of families, or to each individual person in case of a dormitory. Subsidy shall be transferred to the Aadhar-linked bank account of the Karta or senior most earning male member of the family if no female member is either available or stays in the Housing Complex.
Eligibility
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Required Documents
- ✦Aadhaar Card
- ✦Authorisation Letter From Owner (If Applicable)
- ✦Construction Permission Certificate
- ✦Occupancy Certificate
- ✦Housing Complex Layout Plan
- ✦Construction Plan
- ✦Self-Declaration Regarding Scheme Compliance
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
