The company has transferred over Rs 300 crore of loan subsidy under Pradhan Mantri Awas Yojana s Credit Linked Subsidy Scheme from National Housing Bank.
Muthoot Homefin (India) Ltd (MHIL), a wholly-owned subsidiary of Muthoot Finance, on Sunday said it plans to disburse Rs 700 crore of home loans in the 2021-22 fiscal. In the first nine months of 2020-21, the housing finance company disbursed Rs 85.6 crore as against Rs 356.4 crore in the same period of the previous fiscal. Currently, it has assets under management of Rs 1,800 crore, a company release said. The company s Managing Director George Alexander Muthoot said the company is aiming to disburse Rs 700 crore of home loans in FY2021-22. We are steadfastly progressing on taking the Housing for All initiative of the government to the farthest tier II and III locations in the country in order to support the affordable housing needs and aspirations of every Indian.
Top Changes to Expect in Home Loan in 2021 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
Centre Approves 7 New ESI Hospitals In AP, To Complete Vizianagaram Facility By 2023 Feb 04, 2021, 11:34 IST
Union Labour Minister Santosh Kumar Gangwar told the Rajya Sabha that the Central Government has given in-principle approval for seven new Employees’ State Insurance (ESI) hospitals to be set up in Guntur, Vizianagaram, Kakinada, Penugonda, Visakhapatnam, SriCity Nellore, and Achyuthapuram.
In reply to a question raised by YSRCP MP V Vijayasai Reddy in the Rajya Sabha on Wednesday he said that an 100-bedded ESI hospital at an estimated cost of Rs 73.68 crore. The Minister said that the hospital will be equipped with primary and secondary care medical facilities with specialised care including out-patient, in-patient, emergency services, operation theatre, labour room and diagnostic services. The Union Minister said the project would be completed by March 2023.
A leg-up for affordable homes
Bavadharini KS
BL Research Bureau |
Updated on
February 01, 2021
With improved demand conditions, the Budget has made provisions that encourage buyers The Covid-19 relief measures announced by RBI and the Centre have helped individuals, especially home-buyers. It presented them with an opportunity to purchase a house property given the multi-year-low home loan interest rates and stable housing prices. The work-from-home norm adopted by many companies further helped improve the residential demand for house properties both in urban and semi-urban regions.
Taking cues from improving demand conditions, the Budget this year has continued to encourage buyers in the affordable housing category.