‘Interest Subvention For Housing Soon’ – The Economic Times – 25-Nov-2014
November 25, 2014 - Uncategorized
The government plans to offer interest subsidy on housing loans to help poor section buy homes and boost real estate demand.
Addressing the realtors’ body CREDAI conclave, Minister for Housing and Urban Poverty Alleviation Venkaiah Naidu said the Real Estate Development and Regulation Bill would soon come up in the Cabinet for approval and hoped that at least by the Budget session, the proposed law would become a reality.
“We are coming out with an interest subvention schem ..