Maharashtra Budget: Govt Allocates Rs 6,895 Cr For Affordable Housing
The Maharashtra government allocated Rs 6,895 crore for affordable housing. The aim is to construct more housing for the lower-income groups and economically-weaker sections categories across the state. The state has also announced an outlay of Rs 2,400 crore for smart cities and the Amrut Mission. Real estate developers lauded the move to boost affordable housing in the state. Maharashtra’s Finance Minister Sudhir Mungantiwar in his Speech also said that Mumbai’s Metro network would be extended to 276 km from the current 11.4 km.