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BankMuscat to provide housing loans for NMH project
- Oman: Monday, December 31 - 2012 at 04:28
Oman's National Mass Housing (NMH), a real estate institution formed to offer affordable housing in the sultanate, has signed a memorandum of understanding with BankMuscat to provide Baituna housing finance for NMH project in Halban, Times of Oman has reported. Baituna home finance offers Omani home buyers low interest rate with the maximum loan tenure of up to 25 years. The first phase of the project near Halban has been completed with 69 villas, and work on Phase 2 will start in the next two months, NMH said.
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