Wednesday, August 8, 2018

CLARIFICATIONS REGARDING HOUSE BUILDING ADVANCE (HBA)


1-17011/6(3)/13/2018-H.III
Government of India
Ministry of Housing & Urban Affairs
Housing-III Section
Nirman Bhawan, New Delhi,
Dated: 1.08.2018
OFFICE MEMORANDUM
Subject: Clarifications regarding House Building Advance - reg.
The undersigned is directed to say that in partial modification to the Ministry of Housing & Urban Affairs OM No. 1.17011/11(4)/2016-H.III dated 09.11.2017 regarding House Building Advance Rules - 2017, the competent authority has approved to modify the provision of para 2(i) in place of the existing provision.
"Constructing a new house on the plot owned by the employee or the employee and the employee's wife/husband jointly with the clear title of the plot"
All the other existing provisions in the said OM of even no. dated 09.11.2017 shall remain same.
(Shailendra Vikram Singh)
Director (IFD)