After the reduction of Circle Rates of Property by 20% on the property by the Delhi Government, people have been given another relief. Delhi Co-operative Housing Finance Corporation Limited (DCHFCL) has reduced the loan payment installment (EMI) from Rs 803 per lakh to Rs 760 per lakh by reducing the interest rate.
New Delhi. The dream of buying a house in Delhi is good news for the creators. Recently, the Delhi government had reduced the circle rates on the property by 20 percent. Now the Delhi Cooperative Housing Finance Corporation Limited (DCHFCL) has also announced a reduction in the interest rates on home loans. This has made buying a house in Delhi more affordable. Let us know that Delhi Cooperative Housing Finance Corporation Limited has announced a reduction in interest rates from 7.45 per cent to 6.75 per cent.
In this way the installment of each month will decrease
According to the Delhi government, Cooperation Minister Rajendra Pal Gautam has directed the corporation to reduce the rates on the instructions of Chief Minister Arvind Kejriwal (CM Arvind Kejriwal). Corporation chairman Rajesh Goyal said, “With the instructions of the Delhi government, the interest rate for taking home loans for Delhiites has been 6.75 percent.” He said that due to reduction in interest rate, the installment of loan payment will be reduced from Rs 803 per lakh to Rs 760 per lakh.
There is also a plan to start a home loan package. The
corporation is planning to introduce an attractive home loan package for the middle class and weaker sections soon. With this, more and more people will realize their dream of home. Especially the weaker section will get the most benefit from this scheme. It is known that last week, Delhi Government has reduced the circle rates of residential, commercial and industrial properties by 20 percent for a period of six months.
