New Delhi: Post Budget announcement, here is good news for the housing sector. Finance Minister in his budget speech announced a dedicated affordable housing fund under the National Housing Bank (NHB). This move will surely bring more flexibility to the sector.
Focusing more on the housing for all scheme of Government, Arun Jaitley said that, “It the vision of the Modi government to provide ‘Housing for All by 2022’. So we are ensuring that every poor has a house by the year 2022.” In this context, the Government will try to create as many as 31 lakh homes in urban areas and 51 lakh in rural areas in the year 2018-2019.