General Assessment

Variable(2015)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
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Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: Average annual income
Notes: Average annual income
Notes: Average annual income
Notes: Average annual income
Notes: Average annual income
Notes: First time home buyers earning less than Rs20,000 (US$1,509.43) per month qualify for a government subsidy in the form of a cash grant between Rs50,000 (US$3,773) and Rs200,000 (US$15,094) as a down payment. To qualify, applicants must have at least a 10% contribution towards the cost of the property. The HFC also grants exceptions for those who can only manage to save 7.5% on a case by case basis.
Notes: First time home buyers earning less than Rs20,000 (US$1,509.43) per month qualify for a government subsidy in the form of a cash grant between Rs50,000 (US$3,773) and Rs200,000 (US$15,094) as a down payment. To qualify, applicants must have at least a 10% contribution towards the cost of the property. The HFC also grants exceptions for those who can only manage to save 7.5% on a case by case basis.
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Housing Finance Company Limited
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Loans made by other depository corporations
Notes: Seychelles Housing Finance Company and Public Management Corporation
Notes: The HFC has the Housing Savings Scheme which enables people to save a minimum of 10% to qualify for government-constructed subsidized housing (currently costs about Rs450,000 or US$33,962).
Notes: The HFC has the Housing Savings Scheme which enables people to save a minimum of 10% to qualify for government-constructed subsidized housing (currently costs about Rs450,000 or US$33,962).
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The Housing Finance Company Limited is a government owned company that provides financing for the purchasing of land, housing and home improvements. This institution was incorporated in 2003.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted in 1981.
Notes: The People's Housing Mortgages Act was enacted n 1981.
Notes: There are no deductions allowed on rental properties.
Notes: There is a flat tax of 15% on rental income.