Budget Analysis: Has the Budget 2012 paved way for affordable housing?

It appears so. The National Housing Bank (NHB), the apex body of housing finance companies (HFCs) has decided to earmark Rs 5,000 crore, the amount that the Union Budget 2012 allowed it to raise through tax free infra bonds, to medium and low income housing schemes.

March 19, 2012 / 12:07 IST

Moneycontrol Bureau

It appears so. The National Housing Bank (NHB), the apex body of housing finance companies (HFCs) has decided to earmark Rs 5,000 crore, the amount that the Union Budget 2012 allowed it to raise through tax free infra bonds, to medium and low income housing schemes.

first published: Mar 17, 2012 04:02 pm

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