HBA: RBE No.29/2024 – House Building Advance – Joint ownership
No.F(E)SPL./2023/ADV/3/6(7th CPC), date 22.03.2024
Sub: Sanction of House Building Advance (HBA) in cases of joint ownership with spouse for outright purchase of a new flat wherein spouse of railway servant is not a railway/ government servant.
1. On receiving a reference from one of the Zonal Railways on the above referred subject, a clarification was sought from the Nodal Ministry i.e. Ministry of Housing & Urban Affairs (MoHUA). Now, on the basis of MoHUA’s reply, it is hereby clarified that sanction of House Building Advance (HBA) can be allowed in cases of joint ownership with spouse for outright purchase of a new flat wherein spouse is not a railway/ government servant, if both are willing to mortgage the house/ flat in favour of the President of India and give undertaking to this effect, provided other conditions mentioned in the HBA Rules, 2017 issued by MoHUA vide their OM No.I.17011/11(4)/2016-H-III, dated 09.11.2017 [circulated in Railways vide Board’s letter dated 05.12.2017 (RBE No.183/2017)], as amended from time to time, are complied with.
2. This also disposes of South Eastern Railway’s letter No.SER/P-HQ/E-Gaz/290/M/1537/HBA, dated 18.08.2023.
3. Please acknowledge receipt.
Download Railway Board Circular RBE No.29/2024
Forward reference ⇒ RBE No.