HDFC disburses Rs 2,300 crore as subsidy under PMAY – ET RealEstate

HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme, to these customers belonging to EWS Economically Weaker Section.

 · HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme, to these customers belonging to EWS Economically Weaker Section.

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Under the Pradhan Mantri Awas Yojna (Urban) so far mortgage major HDFC has disbursed Rs 2,800 crore loans to 14,290 home-buyers, which entails a Central subsidy of Rs 302 crore. The disbursement is from June 2015, the year in which the Modi government had launched the housing for all by 2022.

Under the CLSS-EWS/LIG scheme, housing finance company HDFC has so far disbursed loans worth Rs 1,728 crore to 10,764 customers with a subsidy worth Rs 228 crore, while under the CLSS-MIG schemes.

In a written response to a question, Union Housing and Urban Affairs Minister Hardeep Singh Puri said since the CLSS was launched under the Pradhan Mantri Awas Yojana (Urban), Rs 8,378.15 crore has.

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 · HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC during the quarter ended september 30, 2018 approved 37 per cent of home loans in volume terms and 18 per cent in value terms to customers from the EWS and LIG segment, the housing finance firm said in.

HDFC disburses Rs 2,300 crore as subsidy under PMAY – ET RealEstate and properties located in these towns are eligible for subsidy. HDFC [s report on ^All for Housing _ shares a glimpse about the government [s CLSS scheme & its features. It also talks about affordable housing which is the agenda set by government.