“Own Your House” scheme

Q: How will I know if I’m eligible to buy a house under the “Own Your House” scheme?

manisha kumari, Mysore

3rd June 2014

Buying property in Mysore

legal advice

properties in mysore

own your house

muda properties

Follow Discussion

Also see discussions for

Mysore Buying property Buying property in Mysore

Replies (3)

Mysore Urban Development Scheme has decided to start the OYHS in certain localities in Mysore. Under this scheme MUDA will construct houses for the economically backward classes of the society. If you have received a MUDA approved site in Mysore, and you don’t possess any other sites or homes in the country, then the MUDA will undertake the building of your home under a discounted rate.

The areas like Vijayanagar IV stage, A and B zones of Hanchya Sathagalli, Devanoor II stage, and Sathagalli II stage have been chosen by the MUDA for beginning the OYHS. So you need to have a MUDA site in these areas.

Krishna gowda, Mysore

5th June 2014

Comment

Hey for the OYHS, you need a site that has been approved by the Mysore Urban Development Authority. But this scheme is intended for the economically weaker section of the society. So you can avail of this scheme only if you belong to a scheduled caste or a scheduled tribe or other backward classes. Your annual income will be checked to make sure that you fall under the income bracket eligible for availing this scheme.

The house will be constructed by MUDA, for which they will charge you a very low price. The initial amount you need to pay is 25% of the total cost. The remaining can be paid in different installments depending on the progress of construction.

H. P. Ramesh, Mysore

5th June 2014

Comment

The “Own your house” scheme was re-introduced by MUDA recently. To avail of this scheme you need to have a MUDA site. The construction duties will be undertaken by MUDA. You will have to pay 25% of the construction cost and the remaining amount can be paid in installments. The OYHS will be introduced only in certain parts of Mysore. If the scheme is successful in those areas, the MUDA will extend it to other parts of Mysore.

Raveena Javali, Mysore

3rd June 2014

Comment