Low In­ter­est for ‘Green Home’

Consumer Voice - - Home Loans -

Buy­ers of cer­ti­fied green and en­ergy-ef­fi­cient homes may start get­ting home loans at lower in­ter­est rates as In­dian Green Build­ing Coun­cil (IGBC) and Na­tional Hous­ing Bank (NHB) will

be sign­ing a mem­o­ran­dum of un­der­stand­ing in

this re­gard. IGBC, part of the Con­fed­er­a­tion of In­dian In­dus­try (CII), is in­volved in pro­mot­ing the green build­ing move­ment in In­dia. NHB, with the support of IGBC, will of­fer the fund to home fi­nance com­pa­nies that are will­ing to trans­fer the ben­e­fit of con­ces­sional in­ter­est to buy­ers of green and en­ergy-ef­fi­cient homes.

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