Haryana Affordable Housing Flats

Pradhan Mantri Awas Yojana (PMAY) – Credit Linked Subsidy Scheme ( CLSS)

January 5, 2018 in PMAY Scheme

Pradhan Mantri Awas Yojana (PMAY) – Credit Linked Subsidy Scheme ( CLSS) Ministry of Housing and Urban Poverty Alleviation (MoHUPA) has introduced in June 2015, an interest subsidy scheme called Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (URBAN)-Housing for All, for purchase/construction/extension/improvement of house to cater Economical Weaker Section(EWS)/Lower Income Group(LIG)/Middle Income…

Loans taken after July 25, 2015 can be converted to PMAY

January 5, 2018 in Market Updates, PMAY Scheme

To promote affordable housing, the Government had launched Pradhan Mantri Awaas Yojana (PMAY) in 2015. Under PMAY, among other schemes, Economically Weaker Section (EWS) and Low Income Group (LIG) were to be given interest rate subsidy on their housing loans. The interest subsidy was to be provided under Credit Linked Subsidy Scheme (CLSS) under PMAY. EWS…

Final hurdle on Dwarka expressway off, to be ready by March 2018

December 20, 2017 in Market Updates

Final hurdle on Dwarka expressway off, to be ready by March 2018

December 20, 2017 in Market Updates

The Northern Peripheral Road, the 24-km long 8-laned expressway awaiting completion since 2012, seems to be finally on the home stretch with the central government acquiring the 22 hectares of land that had stalled the project. This is good news for real estate companies that had invested over Rs 60,000 crore in residential and commercial projects along the…

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