Can the National Housing Bank deal with subvention?
India, July 27 -- "Book Now Pay Later"- isn't that a much-often heard catchphrase to lure you into investing in real estate projects. Or that "we are thrilled to offer you a subvention scheme wherein 20% of the amount is all you pay now, followed by no payment at all till Possession. No Pre-EMIs and 0% interest till Possession." As they say there are no free lunches, there are definitely none in financing industry....
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