EMIS on projects under construction: What next?
Mumbai, Aug. 17 -- A few weeks ago, the National Housing Board advised housing finance companies (HFCS) to refrain from giving loans for under-construction projects which are under any subvention scheme, in view of various complaints of fraud. Such schemes, launched along with HFCS, offered to pay equated monthly instalments (EMIS) on behalf of buyers till possession or to make part payment and so on, but all of these benefits were wrapped in fine print....
To read the full article or to get the complete feed from this publication, please
Contact Us.