Good news for those building houses in cities, central government to provide relief in interest on bank loans, scheme to be launched in September

NEW DELHI: The central government has happy news for those who are waiting to realize their dream of owning a house in the cities. The scheme to give relief in interest on bank loans to those who build houses in the cities will be launched next month. The scheme was announced by Prime Minister Narendra Modi in his Independence Day speech.

Narendra Modi announced the scheme by saying that it will help middle-class people living on rent in the cities to realize their dream of owning a house. Union Minister Hardeep Singh Puri told the media that the scheme to provide interest relief on bank loans will be launched in September. The outline of the project is being prepared.