Goa government staff tells governor to restore HBA scheme, Real Estate News, ET RealEstate

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Goa government staff tells governor to restore HBA schemePANAJI: The Goa government employees association has urged governor Satya Pal Mailk to get the state government to review the closure of House Building Advance (HBA) scheme to government staff. In a meeting with the governor, the association members said that the employees are dependent on the benefits under the scheme to fulfil their dream of owning a house.

A delegation led by association president Prashant Devidas, stated that government employees with limited resources are already finding it difficult to cope with inflation after the government abolished certain allowances and froze dearness allowance.

Around 5,500 employees have availed the HBA facility as per their basic salary at the rate of 2% interest, Malik was informed.

“The employees whose HBA loans are sanctioned have already executed agreement for sale by paying the margin amounts for the purchase of their houses and they are been pressed for payments from the builders,” the association stated in their memorandum.

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