![Shajai Jacob, CEO - GCC (Middle East), ANAROCK Property Consultants]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Shajai-Jacob-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Shajai-Jacob-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Shajai-Jacob-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Shajai-Jacob-790x494.jpg","width":790}})
NHB’s Move on Subvention Schemes – Boon or Bane for NRI Homebuyers?
Shajai Jacob In a recent move, the National Housing Board (NHB) has directed Housing Finance Companies (HFCs) in India to ‘desist from offering’ loans for financing subvention schemes offered by developers. Loan disbursements will now have to be strictly linked to construction progress. While this will doubtlessly result in an added financial on developers who