The government has already provided relief, by reducing the Goods & Services Tax for homebuyers in the affordable housing category by increasing the 4% reduction to 8% effective from 25 January.

1. Affordable housing fund to
help better capital access

3. The government has already reduced the tax burden of goods and services
from home buyers in the category of affordable housing fund by 4% to 8%
from 25 January.
The Government continued its efforts to achieve the "Housing for All" vision
in 2022, with Finance Minister Aaron Gaitley announcing the creation of a
fund for affordable housing in the EU budget for 2018-1919.
"My government will also establish an affordable housing fund (AHF)
dedicated to the National Housing Bank, financed by the deficit of priority
sector loans and bonds with all services authorized by the Government of
India," Jaitely said in his speech on the budget.

4. The government has been working to pay affordable housing fund to
a great extent over the past three years. In addition to providing the
state of affordable housing infrastructure in the EU budget last year,
it also provided PMAY benefits to promote its vision of "Housing for
All in 2022".
"In the era of Prime Minister Awas Yogana (rural areas), 51 houses
will be built in the year 2017-18 and 51 houses will be built in 2018-
19, which is more than the House of Korori, exclusively in rural
areas." Urban areas, assistance has been approved for the
construction of 37 Lakah houses. "

5. However, the industry expected the government to provide more
support for this sector, as well as other assistance.
"The real estate sector had high expectations, but the budget did not
comply with most of them ... Financially, the sector did not receive
any benefits, although it was a slight easing in the form of a 5% range
where real estate transactions are described below: "Given the
sector's contribution to GDP, its impact on employment and the
current slowdown in the sector, the budget could have done a lot for
this sector," said Gaurav Karnik, financial partner and national
leader, Real Estate. Hey, Indian.

6. According to Anuj Puri, president of ANAROCK Property Consultants,
the announcement of the regional air link scheme for linking 56
airports without service is good news for business growth and
demand for office space in smaller cities, with a normal demand for
affordable housing fund at the back of the job generation.