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Shri. Manohar Lal

TOI - Centre may create dedicated fund to revive stalled pre-RERA housing projects

Focus on unfinished projects and affordable housing

The minister was speaking on the second day of the ‘National Urban and Real Estate Development Conclave’ organised by NAREDCO.

During his address, he discussed the idea of setting up charitable institutions to support affordable housing, particularly in the Low-Income Group (LIG) and Economically Weaker Sections (EWS) categories.

As per news agency PTI, the minister said funds for such initiatives could be mobilised through Corporate Social Responsibility (CSR) contributions.

He noted that banking and financial institutions have not been very proactive in extending support to these sections of society, making alternative funding channels necessary.

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