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Owning a House Becomes Easier for Army Personnel

Admin March 4, 2017

Owning a House Becomes Easier for Army Personnel

Press Information Bureau
Government of India
Ministry of Defence

03-March-2017

Owning a House Becomes Easier for Army Personnel

1. Army personnel by virtue of deployment in remote areas find it extremely difficult to invest time in buying a good house, therefore, to fulfill this essential need and meet the aspirations, AWHO has come up with a pragmatic business model called the ‘Private Industry Collaborative Business Model’ which will facilitate acquiring houses from reputed private builders at discounted prices for Army personnel & Veer Naris. A Pilot Project is being undertaken in Delhi/ NCR and based on its success, similar ventures will be executed in other locations.

2. Major advantages of this concept are detailed market research to identify the most suitable builder/ project, negotiations for price reduction, due diligence and buyer friendly terms & conditions. Prop Equity, a leading Real Estate Data & Analytics Consultant firm has been selected after a prolonged process to undertake the facilitation process forward.

3. This historical MoU was signed by Lt Gen Rakesh Sharma, UYSM, AVSM, VSM, Chairman (Ex-Officio) AWHO and Mr Samir Jasuja, MD, Prop Equity Analytics on 3rd Mar 2017,

Col Aman Anand

PRO (Army)

Source: PIB

Filed Under: Defence

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Comments

  1. Sgt. AshPal S Teotia says

    March 5, 2017 at 1:46 pm

    Are Air Veterans also eligible to apply for these schemes?

  2. P S prajapati says

    March 4, 2017 at 1:02 pm

    Kindly clarify , in Delhi any platform. For Defence civilians persons ,can purchase normal and middle class own home avoiding all mis cheating and mis corruption by builder..
    It is seen builder are make fool ,making mis cheating as unauthorized plot flats are selling to as authorize property. After purchase a buyer feel cheated /gulled to him and till has lost all which he has saved as 1-1 rupeese past time.

    In this cheating gulling of builder, many authorities officer,leader being involving.

    Now it is question who will help to buyer.

    Please told above enquiries, the best way to avoiding cheating gulling these corrupt ,fake builder……

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