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The Standard e-Paper
Truth Without Fear
The Standard Group Plc is a multi-media organization with investments in media
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How to foreclose units under the tenant purchase scheme (TPS) is among the regulatory gaps that may discourage developers from maximising this home ownership model.
A detailed analysis by a consortium of players in the housing sector notes that while there are guidelines on how foreclosure is done for units developed by the National Housing Corporation (NHC), there is no clear pathway for the private sector.
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