“Subsidy” is a form of financial aid provided by the government. On the other hand, Subvention Scheme is a type of incentive provided by the developer of the project.
Tag: home loan under subvention scheme
Subvention Scheme: A Crisis for Homebuyers
A subvention scheme may end up to be a double-barreled if the developer fails to deliver the project on time, the burden of both rent and EMI will must be borne by the homebuyer.