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Affordable housing policy soon, as ECB fails to excite
An affordable housing policy is in the works to attract developers and to meet the shortage of around 25 million houses in the country. The Union Budget had announced access to external commercial borrowing (ECB) for affordable housing but the industry wasn't excited due to low margins in this category. Now, the Union Ministry of Housing and Urban Poverty Alleviation (Mhupa) is in the process of framing