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Finance Minister Nirmala Sitharaman on Wednesday announced that the Union Cabinet had approved a Rs 25,000-crore fund for stalled middle and low-income housing projects.The government plans to give a boost to the housing market to revive over 1600 stalled housing projects covering 4.58 lakh units.

Indian govt announces funds to boost the housing sector

Finance Minister Nirmala Sitharaman on Wednesday announced that the Union Cabinet had approved a Rs 25,000-crore fund for stalled middle and low-income housing projects.

The government plans to give a boost to the housing market to revive over 1600 stalled housing projects covering 4.58 lakh units.