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How to get benefit of government scheme when purchasing homes

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Government has launched a number of schemes to help first time home buyers purchase homes. These schemes are designed to help buyers purchase homes within their set budget. You can make use of one such scheme to purchase home at Sobha International City depending on your budget. With a small mount of money you can invest in the property. Following a re a few options available.

Loan schemes (Equity)

These scheme offers are available for first time buyers. Existing home owners can also take full benefit of these schemes. You can also take its benefit for renovating your existing homes. You have to declare the purchase price to take its benefit. Under the scheme you can request to borrow money at interest free rate and purchase property.

Guarantee mortgage scheme

This scheme is available for old and new buyers. In this case the government will provide with funds that will …