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West Bengal launches Akanksha scheme for affordable housing for state employees

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The West Bengal government has introduced the Akanksha housing scheme to provide affordable flats to eligible state government employees. Flats are allocated through a lottery system and are built on government-owned land, helping keep costs low. Prices start at Rs. 2,200 per square foot, with flat categories determined by the applicant's grade pay. Eligible serving employees can apply online by submitting the required documents along with a Rs. 25,000 application fee. To prevent speculation, resale of the property is restricted for 15 years or until the employee's retirement, whichever comes first.

Read the full story at Times of India

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