Tata Housing offers fixed home loan rates for buyers for one year

NEW DELHI: Tata Housing on Monday announced a scheme under which homebuyers will have to pay a flat 3.99 per cent interest rate on home loans for one year and the company will bear the rest as part of its effort to attract prospective customers.

The scheme is valid across 10 projects till 20th November.

Under this scheme, customers have to pay only 3.99 per cent flat interest rate for a period of 1 year, with the rest being borne by Tata Housing, the company said in a statement.

The customer will receive a gift voucher ranging from Rs 25,000 to Rs 8 lakh depending on the property, post the booking. The voucher would be issued post payment of 10 per cent and registration of property.

Sanjay Dutt, managing director and chief executive officer, Tata Realty & Infrastructure said: “While the real estate sector was one of the worst hit in the first few months of the pandemic, it has started to show some early signs of recovery. ” (AGENCIES)