How NHB’s move to stop subvention schemes may affect developers, lenders and buyers

By Aman Malik

  • 23 Jul 2019
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Credit: VCCircle

The already troubled real estate sector could be in for more pain after the National Housing Bank (NHB) tightened the screws on housing finance companies (HFCs), asking them to stop offering interest subvention schemes to homebuyers. In such a scheme, the developer typically services the loan on behalf of the buyer ......

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