Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance    </title>
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House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat.

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                            <div align="justify">-News18.com<br /><br /><em>House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat.<br /><br />New Delhi: </em>In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields.<br /><br />The move will make such advances cheaper for government employees building houses and hence, expected to boost demand for housing. &ldquo;Government employees contribute a major component of demand for housing and it will encourage more government employees to buy new houses,&rdquo; the Finance Ministry said in the press briefing. <br /><em><br />What is house-building advance (HBA)?</em><br /><br />It is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed for buying a new house or flat.<br /><br />According to the Ministry of Housing and Urban Affairs&rsquo; website, the advance can be taken towards the repayment of bank loan which is taken for the purpose of construction/purchase of new house/flat. However, there are certain conditions that must be fulfilled to migrate to this scheme. <br /><br />Please <a href="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html" title="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html">click here</a> to read more. <br /></div>                                                           
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                            <div align="justify">-News18.com<br /><br /><em>House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat.<br /><br />New Delhi: </em>In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields.<br /><br />The move will make such advances cheaper for government employees building houses and hence, expected to boost demand for housing. &ldquo;Government employees contribute a major component of demand for housing and it will encourage more government employees to buy new houses,&rdquo; the Finance Ministry said in the press briefing. <br /><em><br />What is house-building advance (HBA)?</em><br /><br />It is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed for buying a new house or flat.<br /><br />According to the Ministry of Housing and Urban Affairs&rsquo; website, the advance can be taken towards the repayment of bank loan which is taken for the purpose of construction/purchase of new house/flat. However, there are certain conditions that must be fulfilled to migrate to this scheme. <br /><br />Please <a href="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html" title="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html">click here</a> to read more. <br /></div>                                                           
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    <h1 class="cat-box-title">Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance</h1>
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                            <div align="justify">-News18.com<br /><br /><em>House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat.<br /><br />New Delhi: </em>In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields.<br /><br />The move will make such advances cheaper for government employees building houses and hence, expected to boost demand for housing. &ldquo;Government employees contribute a major component of demand for housing and it will encourage more government employees to buy new houses,&rdquo; the Finance Ministry said in the press briefing. <br /><em><br />What is house-building advance (HBA)?</em><br /><br />It is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed for buying a new house or flat.<br /><br />According to the Ministry of Housing and Urban Affairs&rsquo; website, the advance can be taken towards the repayment of bank loan which is taken for the purpose of construction/purchase of new house/flat. However, there are certain conditions that must be fulfilled to migrate to this scheme. <br /><br />Please <a href="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html" title="https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

Buying homes to get cheaper for govt employees as FM reduces interest on house-building advance

Published on Sep 14, 2019   Modified on Sep 14, 2019

-News18.com House-building advance is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed while buying a new house or flat. New Delhi: In a bid to boost the housing sector, Finance Minister Nirmala Sitharaman on Saturday announced reduction in interest rates on house-building advance and linking to 10-year government securities yields. The move will make such advances cheaper for government employees building houses and hence, expected to boost demand for housing. “Government employees contribute a major component of demand for housing and it will encourage more government employees to buy new houses,” the Finance Ministry said in the press briefing. What is house-building advance (HBA)? It is available to central and state government employees for constructing a new house on a plot owned by the employee or jointly with the spouse. The scheme can also be availed for buying a new house or flat. According to the Ministry of Housing and Urban Affairs’ website, the advance can be taken towards the repayment of bank loan which is taken for the purpose of construction/purchase of new house/flat. However, there are certain conditions that must be fulfilled to migrate to this scheme. Please click here to read more.

News18.com, 14 September, 2019, https://www.news18.com/news/business/nirmala-sitharaman-live-fm-exports-real-estate-housing-tax-income-tax-shopping-festival-handicraft-yoga-2308515.html

Tagged with: Interest Rate Government employees House-building advance Economic Slowdown Economic Downturn

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