What does RGRHCL mean in HOUSING & AMENITIES
RGRHCL stands for Rajiv Gandhi Rural Housing Corporation Limited. It is an institution under the Ministry of Rural Development, Govt. of India. The primary objective of this corporation is to improve the living standards of people in rural areas by providing them with access to affordable housing through a sustainable and cost-effective delivery mechanism. RGRHCL is also responsible for promoting efficient utilization of natural resources while boosting employment opportunities in rural areas.
RGRHCL meaning in Housing & Amenities in Community
RGRHCL mostly used in an acronym Housing & Amenities in Category Community that means Rajiv Gandhi Rural Housing Corporation Limited
Shorthand: RGRHCL,
Full Form: Rajiv Gandhi Rural Housing Corporation Limited
For more information of "Rajiv Gandhi Rural Housing Corporation Limited", see the section below.
Meaning of RGRHCL
RGRHCL is a government-sponsored institution established with the aim of providing housing and related services to the rural population across India. The corporation has been created as part of the Government's efforts to bridge the gap between urban and rural India by bringing about equitable socio-economic development in both regions. Its activities are mainly focused on expanding access to housing, community infrastructure and services, as well as elevating living standards in rural areas. The ultimate objective is to empower individuals by making them self-reliant and financially independent.
Scope
The scope of RGRHCL is wide and multi-dimensional covering all aspects related to housing and other services in rural areas. It includes developing housing solutions that are suitable for each location based on local needs; providing technical guidance, financial assistance and managerial support; coordinating with various stakeholders involved in projects; undertaking research and development initiatives; developing public-private partnerships (PPPs) to address affordable housing needs; facilitating access to information regarding various housing options available; and ensuring timely communication between all stakeholders involved.
Benefits Provided By RGRHCL
The benefits provided by RGRHCL include assistance in construction, rehabilitative works including land acquisition, site development, laying infrastructure networks such as water supply systems, drainage lines etc., training programs for skill building to a range of target groups from local peopleto construction workers etc., credit linkages for financing projects or accessing existing funds at concessional rates etc., technical support through dedicated helplines / onsite visits for queries relating to legal issues etc., provisioning of customer service centreswith core banking solutionsfor hassle free transactionsetc.
Essential Questions and Answers on Rajiv Gandhi Rural Housing Corporation Limited in "COMMUNITY»HOUSING"
What is Rajiv Gandhi Rural Housing Corporation Limited?
Rajiv Gandhi Rural Housing Corporation Limited (RGRHCL) is a Government of India owned non-banking financial institution which provides loans to rural and semi-urban households in order to finance the construction of affordable housing units. It was established in 2002 in accordance with the guidelines laid down in the National Housing Policy,2005.
Who manages RGRHCL?
The Ministry of Rural Development (MoRD) is responsible for overseeing the operations of RGRHCL, including determining policy, issuing guidelines as well as monitoring implementation at state level.
What type of housing services does RGRHCL provide?
RGRHCL’s primary focus is providing credit facilities for lower income groups and weaker sections of society to construct or repair their own dwellings. In addition ,it also provides support through facilitating access to building materials such as cement, steel rods and wood etc., technical advice on building designs/specifications, environmental impact assessments and so on.
What are the eligibility criteria for availing RGRHCL loan facility?
The eligibility criteria for availing this loan facility include that the borrower should be an Indian citizen from a rural or semi-urban area; have salary or income less than Rs 36000 per annum; not have any existing home loan; not have applied for such loan from any other institutions; must use this credit only for residential purposes etc.
What are the documents required to apply for RGRHCL loan?
Documents required to apply for a loan include identity proof like passport/voter ID card/driver's license/PAN card etc.; address proof like ration card/utility bills/rent agreement; salary certificate indicating salary and employment details; bank statement revealing cashflow status and repayment capability of borrower etc.
Is there any processing fee applicable while applying for RGRHCL Loan?
Yes, there is a processing fee applicable while applying under this scheme which varies depending upon amount borrowed as well as period of repayment . A detailed list about same can be obtained from official website or nearest branch office.
How long does it take to process an application once it has been submitted?
Once an application has been submitted along with all required documents ,it generally takes 7-10 working days to complete relevant process . However ,time taken may vary depending upon several factors such as documentation provided by applicant ,availability of funds and so on.
Final Words:
Rajiv Gandhi Rural Housing Corporation Limited (RGRHCL) was created with an aim of delivering integratedhousing solutionsand other servicesinruralareasin Indiaby leveragingpublic privatepartnerships(PPPs).It endeavors toprovide high qualitysustainablehousingas wellasotherfacilitieslike communityinfrastructureandservices,technicalsupportetc.,tohelppeopleimprovetheir livingstandardscosteffectivelyand efficientlyandbecomemoretself reliantfinanciallyindependent