{"id":9851,"date":"2022-01-21T15:36:31","date_gmt":"2022-01-21T11:36:31","guid":{"rendered":"https:\/\/cote-sud.mu\/?p=9851"},"modified":"2022-01-21T15:36:33","modified_gmt":"2022-01-21T11:36:33","slug":"home-ownership-refund-scheme","status":"publish","type":"post","link":"https:\/\/cote-sud.mu\/en\/home-ownership-refund-scheme\/","title":{"rendered":"Home Ownership Refund Scheme"},"content":{"rendered":"\n<p>On the 11th of June, the Mauritian government announced a series of new incentives to encourage Mauritian citizens to invest in real estate.<\/p>\n\n\n\n<p>Here are the steps taken to revive the local real estate industry: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>5% of the cost of acquisition for a house, apartment, or land to build a residence to be refunded up to MUR 500,000 in the financial year 2021\/2022. However, if the property is sold within a period of one year from the date of the acquisition, the amount received under the scheme will have to be refunded.<\/li><li>5% exemption on registration duty for first-time buyers on the first Rs 5 million of the acquisition value. This was previously restricted to property whose value did not exceed Rs 5 million.<\/li><li>5% of home loan to be refunded up to MUR 500,000.<\/li><\/ul>\n\n\n\n<p>If you too are planning to buy real estate, this fiscal year is proving to be the right time!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the 11th of June, the Mauritian government announced a series of new incentives to encourage Mauritian citizens to invest in real estate.<\/p>\n","protected":false},"author":7,"featured_media":9848,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[133],"class_list":["post-9851","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Home Ownership Refund Scheme - C\u00f4t\u00e9 Sud<\/title>\n<meta name=\"description\" content=\"Home Ownership Refund Scheme - 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