Home // News/Views

?12,000-cr subsidy released to home buyers

Share It

Subsidy of over ?12,000 crore has been disbursed to home buyers till March under the government’s Credit Linked Subsidy Scheme, the Union Housing and Urban Affairs Ministry has said in reply to an RTI query. The Pradhan MantriAwasYojana (Urban) aims to ensure “housing for all by 2022” by providing financial assistance to beneficiaries. Under the Credit Linked Subsidy Scheme (CLSS), the Centre provides interest subsidy of up to around ?2.67 lakh on home loans to individuals, which reduces the principal outstanding amount of the loan.

Share It

Tags : News/Views

Related Story

West Bengal Government Partially Operationalizes RERA BY Realty Plus

Lucknow Development Authority to Sell Plots in CBD to Boost Revenue BY Realty Plus

Blackstone, Hiranandani Group JV to Develop Industrial & Warehousing Parks BY Realty Plus

Ashiana Housing to Invest INR 400 Cr to Develop Senior & Kid-Centric Housing BY Realty Plus

Birla Tisya Bengaluru’s First Green-Rated Township BY Realty Plus

Top News

Nigeria Shows Widening Transparency Gap in Real Estate BY Realty Plus

Singapore Private Home Rents Set To Climb By 10-15% BY Realty Plus

Your-space Launches India's First-of-its-kind "YS Clubhouse" in Student Housing BY Realty Plus

The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of digital.
Copyright © 2019 Adsert Web Solutions Pvt Ltd