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Tag: Interest subsidy

Home ยป Interest subsidy

Current News
By Anuradha RamamirthamOctober 4, 2023

EFC approves Rs 60,000 crore interest subsidy scheme for urban poor

October 4, 2023: The Expenditure Finance Committee (EFC) on October 3, 2023, has approved the ministry of housing and urban affairsโ€™ proposal of rolling out Rs 60,000 crore interest subsidy scheme on home loans … READ FULL STORY

Home Loans
By Sunita MishraMay 19, 2022

PMAY subsidy: How does the credit-linked subsidy scheme for EWS and LIG work?

Under its Pradhan Mantri Awas Yojana, the central government has been offering PMAY subsidy to those building, constructing and buying homes in India. This guide will help you understand how the PMAY subsidy works … READ FULL STORY

Current News
By PTISeptember 25, 2017

Interest subsidy on housing loans till March 2019, for MIG

The interest subsidy of up to Rs 2.60 lakhs on home loans under the centre’s affordable housing scheme, will now be available to middle-income group (MIG) beneficiaries for 15 more months till March 2019, … READ FULL STORY

Current News
By PTIApril 12, 2017

PMO wants participation of private developers to achieve โ€˜Housing for Allโ€™

The Prime Minister’s Office (PMO), recently held meetings to discuss deliberations around undertaking projects in the PPP mode, to boost the supply of low-cost houses. This development comes in the backdrop of the thrust … READ FULL STORY

Current News
By PTIMarch 23, 2017

Interest subsidy scheme for MIG housing to be effective from January 1, 2017

The Centre’s credit-linked interest subsidy scheme, for housing loans taken by people in the mid-income groups (MIGs), has been made effective from January 1, 2017, with EMIs to go down by over Rs 2,000 … READ FULL STORY

Property Trends
By Amit SethiAugust 13, 2019

Interest subsidy on home loans: A gift for the first-time home buyers!

Prime minister Narendra Modi, on the eve of new year, had announced an interest rate subsidy scheme on home loans. It is expected that this move, will provide a huge boost to the realty … READ FULL STORY

Current News
By PTIDecember 11, 2017

Government approves 3% interest subsidy on homes loans upto Rs 2 lakhs

Close on the heels of the prime ministerโ€™s new yearโ€™s eve address to the nation, where he announced an interest subsidy scheme, the central government on January 24, 2017, has cleared another similar scheme, … READ FULL STORY

Current News
By PTIJanuary 2, 2017

Interest subsidy for housing loans up to Rs 12 lakhs: Modi

Prime minister Narendra Modi, in his national address on new year’s eve, announced a slew of measures, to provide homes for the poor and middle-class in both, rural and urban areas. Elaborating on the … READ FULL STORY

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