The policy aims to ensure access for all, to adequate, safe and affordable housing and basic services, and to improve slums by2030. This will also strengthen the role of the government as a provider of housing to the poorest and as an enabler of housing markets to ensure the poor and middle classes have access to affordable housing. How can you have an affordable housing policy that is not explicit about mechanisms for releasing land for such housing?” she asked. For example, in Maharashtra the affordable housing stamp duty is only some ₹10,000 and approval charges are also low. Besides, the home loan for affordable housing should not be on par with a ₹ 1 crore home loan.

Source: The Hindu August 20, 2020 10:30 UTC