Urbanization and the mass development of individuals to urban areas.

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Life in urban territories is loaded with hustle isn’t it? Yet, individuals move to urban territories to secure positions or for a better way of life. The poor economic conditions and absence of employment opportunities in towns push the number of inhabitants in rural territories to urban regions. Rajesh, 25 was one of them. He left his family including his mother, spouse, and daughter in the town and entered the Vapi city to secure position.
Rajesh was in good company in this city since his companion was at that point settled here with his family. Following a month he found a new line of work, till then he was living with his companion and he likewise told his companion Mohan that he is here so he can give great quality education to his daughter as there is no school in the village.
Rajesh landed settled with the position and started seeing some rented flats so that he can call his family thus that he can remain with them. In any case, the lease for 1 BHK rooms were5,000per Month and he used to procure 17,000 every month. Because of higher rents, he couldn’t comprehend what would be a good idea for him to do? At that point, Mohan, acquainted him with PMAY.

The Pradhan MantriAwasYojana (PMAY) plot was launched by the Government of India in 2015 to boost the affordability of houses against an inflated real estate sector. The plan expects to accomplish its goal of “Housing for All” by 31 March 2022, the 150th birth anniversary year of Mahatma Gandhi, by building 20 million houses the country over. He likewise discloses to Rajesh that under this plan 4.30 lakh individuals have homes in Gujrat itself. And More then 8.18lk family get benefits under CLSS (as on Dec-19)
At that point, Mohan causes him to comprehend that it’s smarter to purchase a 1 BHK house and pay its EMI (After Subsidy credits its Rs. 4,200/- per Month) consistently and creat assets than leasing a level in light of the fact that initially there is no distinction sum in lease and EMI and also it will give you cover each month in addition to it will build your relative proprietorship in the house.
Rajesh gets everything and purchased a 1BHK home for himself and his family. Also, presently he is living with the family and paying the EMI consistently and he is upbeat that now his daughter will have the option to study in a decent school.

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