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India's housing sector outlook promising amid policy support, urban growth: NHB report
The recent budget announcements have provided a significant boost to the sector, according to the NHB report, particularly through the expansion of PMAY 2.0, which is set to enhance the availability of affordable housing for India's growing urban population. As the government continues to prioritise affordable housing, the scheme's allocation is expected to further stimulate demand, particularly in Tier-II and Tier-III cities.
The recent budget announcements have provided a significant boost to the sector, according to the NHB report, particularly through the expansion of PMAY 2.0, which is set to enhance the availability of affordable housing for India's growing urban population. As the government continues to prioritise affordable housing, the scheme's allocation is expected to further stimulate demand, particularly in Tier-II and Tier-III cities.
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