Govt announces new PPP policy for private investments in affordable housing

Taking its efforts to achieve ‘Housing for All by 2022’ further, the central government has announced a new public-private partnership (PPP) policy for affordable housing that allows extending central assistance of up to Rs.2.50 lakh per each house to be built by private builders even on private lands. Under this policy announced by Minister of Housing & Urban Affairs Shri Hardeep Singh Puri, eight PPP (Public Private Partnership) models have been provided for private sector to invest in affordable housing segment. It has also opened potential for private investments in…

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