Budget 2019: The government can give to those who buy a new house

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Before the election of several hundred, the government has been trying to please every section of the society. External information from CNBC-Voice has been received from sources that in the interim budget, Modi government can increase the budget of the Prime Minister's housing scheme by 50 percent. According to sources, the government feels that this ambitious scheme can cast her vote for the middle class in the Lok Sabha elections. According to sources, now the efforts will be made to give more benefit to the PMH scheme. For this, the government can increase the Affordable Housing Fund by 50%. According to the source, Affordable Housing Fund can increase in the interim budget. The government's emphasis is on completing the goal of Housing for All Scheme.
What is the new scheme-
·         The election will be bitten on the PMH housing scheme : Modi Government.
·         In the upcoming interim budget, the Affordable Housing Fund can increase by 50% Government- to entice middle class
·         Government can raise steps to increase the size of AHF from Rs. 10,000 crores to Rs. 15000 crores
·         Exemptions will be given to people in interest rates more than the increase in funding.
·         For those who buy a house, the interest rates are deducted under the Credit Linked Subsidy Scheme (CLSS).
·         Benefit - Under the scheme, the bank will soon be able to put the subsidy in the account of the people who bought the house - under the CLSS.
·         Subsidy of about 7500 crores Pending now.
·         On completion of the Housing for All Scheme target, the Government's Zorpim Housing Scheme aims to ensure that everyone gets a permanent house. Yes, there are certain conditions of this plan that are very important for you to know.
·         Firstly, such people who have a house already in it cannot take advantage of this plan. The Prime Minister's Housing Scheme is the rule that the benefit will be available only to those who do not have a permanent house in advance.
How much does the subsidy get?
·         For the people of the first category of MIG's annual income of Rs. 6 to 12 lakh, the loan amount is upto Rs. 9 lakhs. A subsidy of 4 percent will be given on the interest of the people, whereas the second category people with an annual income of Rs. 12 lakhs will be given a discount of 3 percent on interest of Rs. 12 lakhs
·         If any If you take a loan, then it will have to pay the additional amount at the fixed rate from the bank. But loan available at home?
·         You are buying a house from a developer or builder or buying an old house, you get the benefit of PMAY
·         Those who are building themselves instead of buying houses, they will also get the benefits of this scheme.
·         Those who have a permanent house repair it or join some other rooms in it or in some other way.
·         You can also take a loan to extend it.
The bank cannot refuse you by giving a loan under the scheme to make kitchen, room etc. in the existing permanent house, saying that you already have a permanent house

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