The Government of Mauritius has extended the Home Ownership Scheme and the Home Loan Payment Scheme until 30 June 2024. Under both schemes, the government refunds 5% of the property value or the loan amount, irrespective of the number of properties owned by the beneficiary.
This scheme applies to the acquisition of property, irrespective of the number of properties owned by the beneficiary. The Government of Mauritius will refund 5% of the property value, up to a maximum of Rs 500,000. All claims have to be filed through the notary.
A 5% refund of the loan amount by the Government of Mauritius, up to a maximum of Rs 500,000. This scheme applies to all Home Loans registered between 1 July 2021 and 30 June 2024 for the sole purpose of constructing and or completing the construction of a residence and excludes renovations, refinancing of an existing housing loan and other multi-purpose loans.