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Budget 2024: Will housing get more affordable?

Budget 2024: Will housing get more affordable?

The upcoming budget is just a few days away and one of the focus points in it could be to boost affordable housing. Over the past few years, the affordable housing sector has made progress thanks to government initiatives like Pradhan Mantri Awas Yojana, which offered tax benefits to both developers and homebuyers. However, challenges remain in land availability, rising construction costs, and sustainable development practices.

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