Summary:
Prominent builders are now wooing home buyers by highlighting the benefits of Pradhan Manthri Awas Yojana (PMAY). While filing the application for bank loan, the buyer should fill in a separate form for availing PMAY benefits. The interest subsidy is 3% for a loan amount of Rs 12 lakh. The PMAY covers families having an income up to Rs18 lakh per year. KOCHI: The city’s realty sector, facing an extended lull, is trying make a comeback..