At a time when rate of interest on housing loans are hovering around 11 per cent-14 per cent, BPTP, the realty firm, has joined hands with HDFC to finance new purchasing of houses at 5.99 per cent for a limited period till December 31, 2011. However, this scheme will offer nearly 40 per cent reductions in the EMIs for the first five years. As stated by Mr. Sandeep Bedi, Director (Strategy & Systems), BPTP, “At BPTP, we have always showed unwavering commitment towards the end user and with the introduction of this scheme, we make owning a home more affordable for our consumers.”