AIGEAHS – An Opportunity to Realize Dream of Aam Admi


The AIGEAHS is an Association of Indian Government Employees Housing Scheme that promises to offer residential property in the budget of a common man. The real sector is witnessing boom after a long time. As, the sky high property prices has made the people believe that home buying is next to impossible for a middle-class person.

But, the introduction of Affordable Housing Scheme under PMAY Yojna – [Pradhan Mantri Aawas Yojna] has worked as a magic for both the real estate sector as well as for the aspiring home buyers. The increase in the property market and fluctuation in CRR rates by the Reserve Bank of India [RBI] have made properties costlier by manifolds. Similarly, the untimely possession by builders and other issues have made home buying a dream for many of countrymen.

This is when the AIEAGHS came as a lifesaver for lakhs of aspiring property owners across the country. The current Government Employees and retired Government employees can avail the benefit of this Scheme as the Government has segregated their personnel in three income groups.

The yearly income plays an important role in home buying. Thus the employees are liable for subsidy on a home loan.

First income group is of EWS i.e. Economically Weaker Section where you can buy a residential property between 300 Sq.Ft. and 500 Sq.Ft. areas which will cost up to 5 Lakhs INR.

The second income group is LIG – Low Income Group which offers the opportunity to own 500 Sq.ft – 600 Sq.ft properties that cost between 7 Lakh and 12 Lakh INR.

Third in a row is MIG –Middle Income Group who can turn their dream home into reality by purchasing home unit between 600 Sq.ft -1200 Sq.ft area. For this, the prospect has to pay 12 Lakhs -50 Lakh INR.

This scheme is launched in the backdrop of delivering Housing for all by 2022. Also, the RERA [Real Estate Regulatory Agent] gave a boost to the real estate sector. The strict guidelines to ensure timely possession and legal mode of payment have brought back the confidence of lakhs of home buyers.

AIGEAHS is a beneficial scheme for all Government Employees as they can residential property at an affordable price.