Interest subvention scheme
BJP’s election manifesto was loud and clear, ‘’Housing for all by 2022’’. In order to make this dream a reality, the government is planning a new interest subvention scheme to make the Home loans for the underprivileged more affordable. This subvention scheme will meet a part of the home loan burden. The finance secretary G S [...] Continue Reading »
Home buyers are taken for a surprise when they are asked to pay under interest subvention scheme. Under this scheme, some of the buyers who have made a payment of initial amount have this right of not paying the EMI (equated monthly installment) for the time period when the property is under construction till its [...] Continue Reading »
