New Delhi, Aug. 4 -- The Ministry of Housing and Urban Affairs (MoHUA) runs an interest subsidy scheme for the acquisition and construction of houses (including repurchase) known as the Credit-Linked Subsidy Scheme for the Middle Income Group.
Under this scheme, beneficiaries of theMiddle-Income Group (MIG) can seekhousing loans from banks, housing finance companies, and other such institutions for the acquisition/ construction of houses (including re-purchase). Under the scheme, interest subsidy is given on housing loans for the acquisition/construction of houses (including re-purchase).
The scheme supports the acquisition/construction of houses (including repurchase) of 160 square meters (For MIG I) and 200 square meters (For MIG II)....
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