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Credit Linked Subsidy Scheme (CLSS) – The Ministry of Housing and Urban Poverty Alleviation (MOHUPA) Government of India has implemented the Interest Subvention Scheme known as “Credit Linked Subsidy Scheme” (CLSS) PMAY Loan Scheme as part of the “Housing for All by 2022” (HFA) mission to address the housing needs of Economically Weaker Sections (EWS) and Low Income Groups (LIG) segments in urban areas.The Ministry has designed the Scheme for addressing the housing needs of the EWS/LIG segments in urban areas. The credit linked subsidy will be provided on housing loans taken by eligible urban poor (EWS/LIG) for acquisition, construction of house.

HDFC Disbursed Rs 2,800 Crore Loans To Homebuyers Under PMAY

HDFC Disbursed Rs 2,800 Crore Loans To Homebuyers Under PMAY HDFC has disbursed Rs 2,800 crore loans to 14,290 home-buyers under the Pradhan Mantri Awas...

25,000 Crore Extra Budgetary Resources For Implementation Of PMAY: MoHUA

25,000 Crore Extra Budgetary Resources For Implementation Of PMAY: MoHUA Ministry of Housing & Urban Affairs informed that Rs. 41,765 crores have been allocated to...

Residential Real Estate Sector Unsold inventory Levels : Economic Survey

Residential Real Estate Sector Unsold inventory Levels : Economic Survey As per the Economic Survey 2017-18, although some recent reforms might have affected the residential...

Private Equity Firms Interest Towards Affordable Housing On Rise

Private Equity Firms Interest Towards Affordable Housing On Rise Private equity firms interest towards affordable housing is on the rise and is expected to increase...

Homebuyers Can Avail CLSS Scheme With Reduced GST Rate Of 8%

Homebuyers Can Avail CLSS Scheme With Reduced GST Rate Of 8% Homebuyers who make the cut under the Credit Linked Subsidy Scheme (CLSS) will not...

CLSS Under PMAY Effective In Making Houses Affordable For EWS Segment

CLSS Under PMAY Effective In Making Houses Affordable For EWS Segment Launches of new projects in the affordable housing segment, have risen sharply in 2016-17,...

Default Surge In Affordable Housing Temporary : Post GST & Demonetisation

Default Surge In Affordable Housing Temporary : Post GST & Demonetisation The affordable housing segment is witnessing rising defaults as demonetisation and the introduction of...

Prepare Land Database Under Housing For All: Housing Ministry To States...

Prepare Land Database Under Housing For All: Housing Ministry To States & UTs Prepare land database to provide “Housing for All” under much-anticipated Pradhan Mantri...

Now Consumer Search Bigger Houses In 2BHK & 3BHK Sizes :...

Now Consumer Search Bigger Houses In 2BHK & 3BHK Sizes : Magicbricks Consumer Search Bigger Houses: Government’s recent decision to revise the carpet area for Pradhan...

New Real Estate Reforms And Affordable Homes (PMAY), RERA Act

New Real Estate Reforms And Affordable Homes (PMAY), RERA Act New Real Estate Reforms: High real estate costs, delayed timelines among others have pushed buyers...

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