Question

For how many years are beneficiaries restricted from transferring (selling or leasing) the house or land allotted to them under the LIFE Mission?

• A. 5 years
• B. 10 years
• C. 20 years
• D. 15 years

Answer 1

Answer:

D. 15 years

• To prevent the misuse or commercialization of the subsidized housing, there is a 15-year lock-in period on the transfer of the property.