Silence over sops for middle-income housing surprises real estate sectorIn a bid to boost demand for real estate and construction activity, the government had extended the benefit of the Credit Linked Subsidy Sc...
HDFC disburses over 50,000 PMAY home loans in 6 months including lockdown periodIn a statement, HDFC said it has approved over Rs 47,000 crore of home loans under CLSS to more than 2 lakh homebuyers belonging to the Eco...
Government extends PMAY housing loan subsidy for Middle Income Group until March 2021Separately, finance minister Nirmala Sitharaman has also announced the plan to launch affordable rental housing scheme for migrant workers ...
Credit-linked housing subsidy scheme for middle income group extended to March 31, 2021Ever since its implementation in 2017, the CLSS scheme has already benefitted over 3.3 lakh families and the extension will further aid man...
View: A more collaborative approach is needed between govt & India IncAs the world’s largest democracy raises its voice and spills on to the streets, the message is clear – India’s democratic values are sacros...
Credit link subsidy scheme on home loans for MIG extended till March 2020Addressing a press conference, Puri said he has signed the file pertaining to the extension of the CLSS under which the government provides...
Housing for all: IIFL lends a hand with Rs 440 crore loansThe average ticket size of the disbursed loan under this scheme is Rs 13 lakh in the case of EWS/LIG.
National Housing Bank disburses record subsidy under Housing Mission 2022NHB, which is wholly-owned by the Reserve Bank of India, follows July-June period as its fiscal year.
HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAYHDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme, to these customers belonging to EWS Economically We...
HDFC awarded best performing lending institution in CLSS schemesThe award was given by Prime Minister Narendra Modi.
Bigger houses to get interest subsidy under PM’s schemeThe housing ministry on Tuesday increased the carpet area of houses eligible for interest benefit under the PM Awas Yojna for the middle-in...
Don't charge GST from affordable housing buyers: Government to buildersThe effective GST rate comes down to 8 per cent after deducting one third of the amount charged for the house, flat, towards land cost.
Pre-budget cheer for home buyers: 8% GST on houses under PMAY effective todayThe concessional rate of GST of 12% (effective rate of 8% after deducting the cost of land) will apply in the housing sector.
Govt approves carpet area increase for houses under PMAY Credit SubsidyUnder the MIG-I category, the carpet area is enhanced to 120 sq.mtr and for MIG-II, it has been increased to 150 sq.mtr from the current 11...
Centre to ask govt banks to promote housing loan scheme for urban poorUnder CLSS, which was made applicable to middle income sections from January 1 this year, 250 beneficiaries were given interest subsidy of ...
Only 250 people in MIG category availed CLSS on housing loanUnder the CLSS, which was made applicable to middle income group (MIG) from January 1 this year, only 250 beneficiaries were given interest...
Interest subsidy scheme for MIG effective from Jan 1Prime Minister Narendra Modi had on December 31 last year announced Credit Linked Subsidy Scheme for Middle Income Groups -- CLSS(MIG).