All You Need to Know About the Basava Vasati Yojana 2022-23!

The fundamental goal of the Basava Vasati Yojana 2022 is to provide ‘affordable and high-quality homes for everybody’. The project, which is a remarkable effort of the State Government of Karnataka, caters to homeless persons in the state and guarantees that each one of them is provided with shelter.

What exactly is the Basava Vasati Yojana?

Basava vasati yojana 2022 is a programme meticulously devised by the Karnataka government under the Rajiv Gandhi Rural Housing Corporation Limited (RGRHCL) with the goal of providing cheap housing to the economically disadvantaged portion. The government has set aside a budget of 25 hundred crore rupees for this programme, which would result in the construction of around 2 lakh residences throughout the state.

The initiative also assists impoverished individuals who cannot buy a home due to financial constraints in building their own home provided they own the land. The government provides all of the construction materials required to create a pucca house.

What Are the Economic advantages of the Basava Vasati Yojana?

The Basava Vasati Yojana 2022 provides enormous advantages to the state’s poor population. The advantages include 

• Eligible persons from economically disadvantaged groups will get their own home.

• Beneficiaries who do not own land or residences will be given cheap housing.

• It will contribute to raising the poor’s standard of living.

• Eligible candidates will receive 85% of the raw materials needed to build their own homes for free. As a result, persons who own property but are unable to build a home on their own can now do so with government assistance.

• The plan facilitates the transfer of cash to eligible recipients swiftly due to its good management and complete transparency.

Basava Vasati Yojana Recipients

The Basava Vasati Yojana 2022 is exclusively available to permanent citizens of Karnataka. This plan does not allow migrants to apply for housing. The following people will benefit from the Basava Vasati Yojana:

People living in poverty who cannot afford a house or basic shelter.

• People belonging to the Scheduled Castes (SCs).

• Members of the Scheduled Tribes (STs).

• Other Regressive Classes (OBCs).

Who Can Apply for the Basava Vasati Yojana 2022-23

The Karnataka government has set the following qualifying conditions for applying for houses under the Basava Vasati Yojana:

• The applicant must be a state permanent resident; migrants are not eligible to apply under this plan.

• The candidate must not possess a pucca home in Karnataka or India. He or she may, however, possess property in the state on which a house can be erected with government assistance.

• The annual family income of the candidate should not exceed Rs. 32,000.

• The applicant must fall under one of the following categories: Below Poverty Line (BPL), Scheduled Castes (SCs), Scheduled Tribes (STs), or Other Backward Classes (OBCs).

Finishing Up: Basava Vasanti Yojana

Basava vasati yojana 2022 was designed specifically for the poor people of Karnataka to guarantee that no one goes without basic housing. The government has streamlined the many processes related with the yojana through the web platform ‘Ashraya,’ making the plan easily accessible to everybody.

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.