Push to housing for all

To give a push to the National Mission for Urban Housing 2022, Finance Minister Arun Jaitley may announce some sops under the scheme in the upcoming union Budget 2018.

An increase in interest subsidy for houses under the Pradhan Mantri Awas Yojana may be announced in the budget.

The government is also planning to increase the size of houses by adding an additional 60 meters for houses available to people under Rs 6 lakh income group. Size for houses available for higher income group can also go up by 10-15 meters.

Currently, due to smaller houses available under PMAY, the scheme has found not many takers.