The developers will no longer be able to incentivise buyers by paying the latter’s home loan EMIs. The National Housing Bank has asked mortgage companies to desist from offering loan products that involve servicing of the dues by builders, developers, etc, on behalf of the borrowers. The circular is expected to cut off one of the cheaper sources of funds for builders.
from Times of India https://ift.tt/2GplUZA
Monday, July 22, 2019
Subscribe to:
Post Comments (Atom)
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
No comments:
Post a Comment