India Mortgage Leadership Conclave 2024: One size does not fit all in affordable housing due to differences in geography, land costs, and construction costs, said T Adhikari, managing director and CEO of LIC Housing Finance, on Wednesday. On affordable housing, Shantanu Rege, managing director and CEO of Mahindra Rural Housing Finance, stated that there is a need to simplify. On …
The announcements by Finance Minister Nirmala Sitharaman for providing rental housing facility for urban poor and migrant labourers as well as extending the credit linked subsidy scheme under PMAY by one more year will give impetus to affordable housing and kick-start consumption of construction materials, according to analysts and developers. The extension of CLSS with the infusion of ₹70,000 crore …
The government announced that it will extend the Credit Linked Subsidy Scheme up to March 2021, which will benefit at least 2.5 lakh middle-income families. The extension of the scheme for middle-income groups with annual income between Rs 6 lakh-Rs 18 lakh is expected not only to create investment in the housing sector and will also create jobs. Commenting on …
The government had received complaints about banks either not sanctioning or delaying disbursement to applicants of the Credit Linked Subsidy Scheme under the Pradhan Mantri Awas Yojana, Union minister Hardeep Singh Puri told the Rajya Sabha Wednesday. In a written reply to a question, the Union housing and urban affairs minister said complaints against the banks were sent to the …
New Delhi: The Centre has extended the Credit Link Subsidy Scheme on home loans for the Middle Income Group under the Pradhan Mantri Awas Yojana till March 2020, Union Housing and Urban Affairs Minister Hardeep Singh Puri said Monday. Addressing a press conference, Puri said he has signed the file pertaining to the extension of the CLSS under which the …
