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Informal housing is not always a problem to be solved, but can be treasure-trove of city solutions.
The GST Council also cut GST rates on affordable housing from 8% to 1%.
The ambitious Pradhan Mantri Awas Yojana (PMAY) of the Narendra Modi government has made affordable housing a reality.
The PM Awaas Yojana (Grameen) aims to provide ‘housing for all’ by 2022, with its immediate objective set at reaching one crore families by 2018-19.