PMAY Success Story of Janaki Balan Kochi, Kerala

PMAY Success Story of Janaki Balan Kochi, Kerala

Janaki Balan, 82 lives with her son Mani, grandson Nivin and his wife and a child in a small semi pucca house in Gandhinagar colony in division 63 of Kochi Corporation. They have been residing in the colony for the past 40 years.

About an year ago, she came to know about PMAY(U) Mission being implemented by the Corporation. She was included in the demand survey conducted in the division. Earlier,
when she applied for a house loan before PMAY(U) Mission was launched, she was denied loan on the grounds that their land was located in the midst of a colony and also as their family was not having regular income. Both her son and grandson were doing coolie job, which was not satisfactory to the banks for approval of loan.

After knowing about the CLLSS component under PMAY(U) Mission, they applied for a bank loan of `6.00 lakh which got sanctioned. The remaining `1.00 lakh was arranged from their own savings.

With major financial assistance from the bank and subsidy from GoI, they have constructed a pucca house of 550 sqft area. This Mission has provided them an opportunity for a better and decent living.


Source: MHUPA

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