PMAY brings some good news for first time home buyers under the MIG category

Ministry of Housing and Urban Poverty Alleviation (MoHUPA) is providing first-time home buyers an interest subsidy on home loans for acquisition/construction of houses (including re-purchase). Credit Linked Subsidy System (CLSS), launched as part of the government’s Pradhan Mantri Awas Yojana (PMAY) is aimed at benefiting people belonging to the economically weaker section (EWS), low income
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How well do you know the RERA?

Over many years, the real estate industry in India was haunted by unrealistic project delays and rise in cost of overheads. This led to the call for a strong framework in the governing mechanism to avoid all kinds of loopholes that pertained in the real estate industry. This resulted in the formation of RERA, which
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